SingaporeOverview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$3,100
Business Operations & Assets
Stock
S$35,000
Price Included
Staff
2 Employee
Year of Incorporation
2021
Owner Role
Part Time
Premise Type
Commercial Street
Premise Size
431 sqft / 40 sqm
Premises Details
Arcade premises with approved licensing from URA and Singapore Police public entertainment license department.
Business Details
Reason For Sale
Owner Moving to software development
Description
A Virtual Reality Arcade and Event Company at Bugis.
The main 4 steams of revenue
1. VR Arcade at Bugis area with a professional booking website and payment gateway integration. With 1000 booking annually.
2. VR Learning Journey target school CCA programme. Hosted more than 30 secondary schools.
3. VR Event Management to organise VR birthday party and corporate VR team building events
4. VR Booth setup to setup VR related booth/equipment. Serving more than 30 clients. Including SAFRA, UOB, MOE, IMDA and other event partners. We are also a partner of IMDA digital for life and participated in the 2023 IMDA Digital for Life Festival.
Owner is venturing into VR development business and would like someone to takeover the VR arcade and VR event business.
All the VR equipment approximately $40k will be included as part of the sale.
The main 4 steams of revenue
1. VR Arcade at Bugis area with a professional booking website and payment gateway integration. With 1000 booking annually.
2. VR Learning Journey target school CCA programme. Hosted more than 30 secondary schools.
3. VR Event Management to organise VR birthday party and corporate VR team building events
4. VR Booth setup to setup VR related booth/equipment. Serving more than 30 clients. Including SAFRA, UOB, MOE, IMDA and other event partners. We are also a partner of IMDA digital for life and participated in the 2023 IMDA Digital for Life Festival.
Owner is venturing into VR development business and would like someone to takeover the VR arcade and VR event business.
All the VR equipment approximately $40k will be included as part of the sale.
Facilities
Dual used VR Arcade and VR Demo Center used as an Arcade and a showcase of equipment for event
Buyer Support & Terms
Support and Training
Training support of 1 month will be provided by the owner.
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