Virtual Reality Entertainment Company
Location Missouri,United States
Asking Price Range < $250K
Gross Revenues $25000
Net Profit / Cash Flow $15000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 1 - 3
Inventory $500,000 USD.
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Complete support and training of new ownership for at least one year.
Reason for Sale Relocation of owners.
Description Arcadian Virtual Reality, based in Missouri, is searching for a responsible party to take over its international sales and distribution operations. Included with the company are all contact databases, all sales leads, website, three internet domains, all parts inventories, and all intellectual property.
Arcadin VR owns the intellectual property from Virtuality Entertainment, LTD. This includes the right to manufacture, refurbish, and sell all 2000 and 3000 series products. This also allows for the the company to refurbish systems in the field.
Arcadian systems for sell for $4000.00 each, at a 300% mark up from purchases. All of the engineering drawings, PC board drawings and gels, all software compiled and source code, many development platforms, and over 3 tons of parts are included with this sale.
Arcadian Virtual Reality has been in business for 5 years, originally formed to absorb the remaining parts of Virtuality Entertainment and RentVR.com .
Sales are supplemented by local rentals of equipment. Rentals of the SU2000 machines include local high schools, trade shows, and fund raising for charity. The normal rental for one pair, four hours is $1500.00.
The international market is raging. The possibilities for expansion are endless. Current system installations are located in China, Russia, U.A.E., UK, Germany, Italy, Spain, France, Australia, New Zeland, Iran, Ireland, Columbia, and throught the United States and Canada.
Current yearly revenue is below $25,000. The parts stores value at $500,000. Intellectual property portfolio is valued at $500,000. The asking price for the business in its entirety is $250,000. Please email or ring 816-479-2870 at any time for more information on this Virtual Reality Entertainment Company for sale.
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