Franchimp Summary Rating
Lower than 31% of peers
Franchise Summary
Description
GloStation Franchising USA, Inc. offers franchises for the operation of businesses that offer live-action, hyper reality experiences, including virtual reality and physical adventures with a full body tracking system, operating under the name "Sandbox VR" and using our trade secrets and proprietary marks, designs, and system.
Company Background
Sandbox VR is a virtual reality entertainment company that provides live-action, hyper reality experiences. The company offers franchises for the operation of businesses that offer live-action, hyper reality experiences including virtual reality and physical adventures with a full body tracking system operating under the name "Sandbox VR" and using their trade secrets and proprietary marks, designs, and system.
Franchise Opportunity
There are plenty of virtual reality headsets out there to choose from, but they all suffer in terms of comfort and immersion. We've developed a new type of headset that offers the best balance between comfort and immersion. The Sandbox VR(TM) headset is lightweight, comfortable, affordable, and compatible with any game or app you can throw at it. Our patented head tracking system tracks your every move so you feel like you're right inside the action - not just watching it on a screen. With our full body tracking system, we track your movements as well as those of other players in real time so everyone feels like they're part of the experience! Whether playing games or participating in an adventure together with friends or family members around the world, this will be unlike anything else available today!
Corporate Structure
GloStation Franchising USA, Inc. is a Delaware corporation formed on December 19, 2017. Their principal business address is 4695 Chabot Drive, Suite 200, Pleasanton, California, 94588.
Franchise Types Available
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Employee Contact Database
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Sandbox VR Franchise System Development in 2022
FAQ
How much investment do I need to start my own Sandbox VR business?
The total investment necessary to begin operation of a standard Sandbox VR franchise is $250,719 to $1,875,464 net of tenant allowances that, in the franchisor's experience, have
covered as much as 100% and at least 44% of construction and leasehold
expense, reducing out-of-pocket initial investment that otherwise could range from
$1,427,090 to $2,890,038.
What are the initial franchise fees for Sandbox VR?
Franchisees typically need to pay at least $50,000 in fees directly to Sandbox VR in order to earn the right to launch their business
How much money can I make with a Sandbox VR franchise? What are
the average revenues for a typical Sandbox VR business?
We haven’t done the math on how much revenue a typical
Sandbox VR brings in each year. We estimate that other
franchisees in the Lodging & Leisure industry generate
$2,014,280 revenue, so we would expect
Sandbox VR to generate a similar amount
How long do I need to commit to running a Sandbox VR unit? What
is my contractual commitment?
Sandbox VR franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$250,719 to $2,890,038
which is
Much Lower
than the $0 to $0 average in the Entertainment industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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