Sandbox VR Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$50,000
Investment required
$1,427,000 - $2,890,000
Sandbox VR: Revolutionizing Immersive Virtual Reality Entertainment
Sandbox VR is an innovative franchise that specializes in virtual reality (VR) entertainment experiences. Founded in 2016, Sandbox VR was established in Hong Kong and is now headquartered in San Francisco, California.
The franchise offers a unique, immersive VR experience where players can engage in a variety of high-tech, multiplayer adventures using cutting-edge VR technology. Sandbox VR began its franchising journey in 2018, rapidly expanding its footprint across major cities globally.
The franchise distinguishes itself from competitors through its advanced VR technology and fully immersive environments, creating highly interactive experiences that appeal to both casual gamers and serious enthusiasts.
Sandbox VR's focus on high-quality hardware and software integration ensures a premium gaming experience that sets it apart in the VR entertainment industry.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
| Type of Expenditure |
Amount |
| Initial franchise fee |
$50,000 |
| 3 months’ rent |
$50,000 to $107,000 |
| Security deposit |
$16,667 to $100,000 |
| Construction and leasehold improvements |
$675,422 to $1,675,698 |
| Architect and design fees |
$25,949 to $130,151 |
| Operating Assets |
$289 to $6,742 |
| Sandbox VR Start-Up Equipment Package |
$475,000 to $500,000 |
| Signs |
$9,581 to $49,827 |
| Opening inventory and supplies |
$655 to $8,566 |
| Grand opening marketing |
$20,000 to $25,000 |
| Training expenses |
$2,000 to $5,000 |
| Reservation Platform, Licenses & Subscriptions |
$16,000 to $27,000 |
| Miscellaneous opening costs |
$10,527 to $105,054 |
| Additional Funds – 3 months |
$75,000 to $100,000 |
| Total Estimated Initial Investment |
$1,427,090 to $2,890,038 |
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Franchise Disclosure Document
Training
Sandbox VR provides comprehensive training for its franchisees to ensure the successful operation of its virtual reality entertainment centers. The training program typically includes:
- Operational Training: Franchisees receive in-depth training on the day-to-day operations of a Sandbox VR location, including managing the VR systems, ensuring customer satisfaction, and maintaining the physical and digital aspects of the gaming experience.
- Technical Training: Given the advanced technology involved, franchisees and their staff are trained on the setup, maintenance, and troubleshooting of VR equipment and software. This ensures that any technical issues are addressed promptly to minimize downtime.
- Marketing and Sales Training: The franchise provides guidance on local marketing strategies and sales techniques tailored to promoting the VR experience. This includes branding, promotional tactics, and customer engagement strategies.
- Customer Service Training: To enhance the guest experience, franchisees receive training on providing exceptional customer service, including handling bookings, managing customer interactions, and ensuring a high level of satisfaction.
Territory Protection
Sandbox VR provides territory protection to its franchisees to ensure a competitive advantage within their designated areas.
This protection typically means that no other Sandbox VR franchise will be established within the same geographic region, allowing franchisees to operate without the threat of direct competition from other franchise units.
This strategy helps maintain market exclusivity and supports franchisees in building a strong local presence and customer base.
