Sandbox VR, the location-based VR attraction, introduced it’s planning to open up 280 new places inside the subsequent 4 years.
Having just lately opened its fiftieth retailer, positioned on the Gold Coast in Australia, projections of speedy progress are due to the corporate’s franchising program, kicked off in 2019.
The corporate notes that franchising has been “instrumental in making Sandbox VR the quickest rising location-based VR startup globally, and this US momentum alerts continued speedy progress. Restricted alternatives for prime places and territory exclusivity are nonetheless obtainable within the US.”
The corporate has additionally reported a 60% improve in franchise offers throughout Q2 of this 12 months, noting that it now serves over 100,000 month-to-month gamers and has bought 1.2 million tickets in 2023.
This time final 12 months Sandbox VR introduced it had reeled in $23 million in income from Deadwood Valley, its most popular VR experience, which like all of their content material is produced in-house.
Extra just lately, the corporate launched its officially licensed experience based on the hit Netflix show Squid Recreation. The corporate now counts eight VR experiences, which permit groups of as much as six to hitch in.
