Total investment:

$ 26,800

Franchise fee:

$

Royalty fee:

10%

Marketing fee:

$ 0

Number of franchises

Return

Time period

Revenue:

$ 12 000*

* Calculator calculations are provisional, not guaranteed

MAIN INFORMATION

Year founded: 2015

Franchise since: 2017

Company owned units: 5

Franchise owned units: 4

Total number of units: 9

Number of employees per unit:

Contract period: 60 month

FRANCHISE ONLINE

WEBSITE

Arena Space was started at the end of 2015 as an idea of creating an ARENA VR integrational platform for full immersion in virtual reality. The company was the first in Russia to develop the system. Three game scenes were successfully demonstrated in May 2016 at the Devgamm16 conference.
In mid-2016, Arena Space was the first in Russia to establish virtual amusement mini parks, and in September, the Arena Space Park was opened at VDNH.
A special modular park system is easily scalable and allows in the shortest terms to build a park no matter the size, either 20 sqm or 2000 sqm.
Nowadays, the park system includes thirty kinds of virtual and augmented reality attractions (a part of the attraction is our own VR-lab development) and five operating parks.
Arena Space organized a number of corporate events including birthdays and onsite corporate parties for up to 60 people.
One of the biggest achievements of Arena Space was unique software development and implementation to help the Arena Park Manager (APM) control the VR parks chain.
Next quarter, we are planning to establish 10 more parks of various formats, including a MAXIMA format — 2000 sqm, new and unique for the Russian market along with other types of VR entertainment.

Project investments (including lump-sum payment): from $70 to $2,500 for 1 m². Requirements for the premises
Family shopping center or separate building in the city center;
Size from 20 to 2000 m²;
Ceiling height should be not less than 3.5 m;
Electric power supply is at least 3 kW;
Availability of Internet connection with the speed from 1.5-2.0 Mbit/s, preferably wired.


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