Ctrl V

Ctrl V is North America's first virtual reality arcade and is currently the largest virtual reality arcade chain in the world.

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Ctrl V Franchise Cost and Requirements for 2022

Background

Ctrl V is North America's first virtual reality arcade and is currently the largest virtual reality arcade chain in the world. Ctrl V is an international brand with partnerships that span every required component of the franchise infrastructure to ensure a business model that breeds longevity and creates a runway for growth. Ctrl V is actively looking for locations in a variety of markets and has one of the most refined and sophisticated expansion infrastructures in the VR industry.

The life of a Ctrl V owner is one where you get to be a conduit for wonder and awe. You can bring joy to people and watch their eyes light up with delight as you pioneer a technology poised to revolutionize the world. You get to be a part of the wave of change, this will be hard work but is incredibly fulfilling as you will learn, grow, and set the trend. You will be in the business of providing people with new experiences, and best of all you don't go home smelling like burgers at the end of the day! You will be an escape from reality.

What we offer is an experience - experiences add excitement, joy, and wonder to life. We are not a retailer trying to scrap with other retailers who sell the exact same product. We are the largest network of VR arcades. We are first movers, pioneers. What we sell is unique and the caliber of the experience you get at Ctrl V is special. Above all we care about customer service, we take care of our customers and make sure their experience is a great one. We make VR easy, fun, and accessible to all. This is the value we bring to the customer.

Since inception, Ctrl V has introduced over 250,000 people to VR technology. These individuals range from 3 years old to 93 years old, in a safe, fun, and exciting environment. A Ctrl V outing is generally a group activity, meaning that word of mouth is our biggest driver of traffic and provides an opportunity to leverage existing customers to bring new customers in and leads to organic growth over time.

Company Details

Established: 2016
First Unit Franchised: 2017
Franchised Units: 13
Company Owned Units: 2
States Registered In: We are registered to franchise in all US states except Hawaii and Virginia.
Canada Franchises: Yes
International Franchises: Yes

Support and Training Offered By Ctrl V

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Recruiting Assistance: No
Co-Operative Advertising: No
Training: Ctrl V provides a very indepth intial training program divided amongst two sessions. The frist of these consists of 10 days in Waterloo, Ontario upon signing of the franchise agreement and payment of the franchise fee. The second consists of 3 days practical training at the Waterloo, Ontario corporate location prior to the Grand Opening of a franchises facility. Ctrl V also provide regular and frequent recurring training throughout the term of the franchise agreement.
Other Info: Ctrl V uses Zoracle as an assesment mechanism and encourages brokers to provide candidates that have already completed this. If a candidate has not completed this, the Ctrl V team will send them a link so that they may complete it at their convenience.

2022 Franchise Requirements Needed to Own a Ctrl V Franchise.

What does a Ctrl V Franchise Cost?

Ctrl V franchise fees for 2022:

Cash Investment: $150,000
Total Investment: $142,850 - $233,300
Minimum Net Worth: $100,000
Franchise Fee: $45,000 USD / $40,000 CAD
Royalty: 7%
Ad: 1.5%
Average Number of Employees: 3
Item 19: Yes
Visa Candidates: No
Passive Ownership: No
Home Based: No
B2B: No
Multi-Unit Deal: Yes
Master Franchise Opportunities: No
Veteran Discount: No

Is Ctrl V a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Ctrl V is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Ctrl V a Home Based franchise?

No. Ctrl V is not a home based franchise opportunity.

What Do Ctrl V Franchise Owners Make?

Click here to find out how much Ctrl V franchisees make. Ctrl V offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Ctrl V a Master Franchise Opportunity?

No. Ctrl V is not a master franchise opportunity.

Does Ctrl V Offer a Veteran Discount?

No. Ctrl V franchise does not offer a veteran discount.

Does Ctrl V Work with E2 Visa and EB-5 Visa Candidates?

No. Ctrl V franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Ctrl V Looking for Franchisees in Canada?

Yes. Ctrl V franchise is looking for Canada franchisees.

Is Ctrl V Looking for International franchisees?

Yes. Ctrl V franchise is looking for International franchisees.

Additional Information

Additional Categories

Child Related, Computer & Internet, Education, Retail, Sports, Fitness

Number of Units Open

20-50 UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

E2 Visa Franchise

No

Ctrl V Franchises for Sale

Click Here to inquire about existing Ctrl V franchises for sale. We may have Ctrl V franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.