Sandbox VR, the location-based VR attraction, introduced it’s planning to open up 280 new areas inside the subsequent 4 years.
Having lately opened its fiftieth retailer, situated on the Gold Coast in Australia, projections of fast development 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 indicators continued fast development. Restricted alternatives for prime areas and territory exclusivity are nonetheless accessible within the US.”
The corporate has additionally reported a 60% enhance in franchise offers throughout Q2 of this 12 months, noting that it now serves over 100,000 month-to-month gamers and has offered 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 hottest VR expertise, which like all of their content material is produced in-house.
Extra lately, the corporate launched its formally licensed expertise primarily based on the hit Netflix present Squid Recreation. The corporate now counts eight VR experiences, which permit groups of as much as six to hitch in.
