Sandbox VR, the location-based VR attraction, introduced itβs planning to open up 280 new areas throughout the subsequent 4 years.
Having just lately opened its fiftieth retailer, situated on the Gold Coast in Australia, projections of speedy progress are because of the corporateβs franchising program, kicked off in 2019.
The corporate notes that franchising has been βinstrumental in making Sandbox VR the quickest rising location-based VR startup globally, and this US momentum indicators continued speedy progress. Restricted alternatives for prime areas and territory exclusivity are nonetheless accessible within the US.β
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 fromΒ Deadwood Valley,Β its hottest VR expertise, which like all of their content material is produced in-house.
Extra just lately, the corporate launched its formally licensed expertise primarily based on the hit Netflix present Squid Recreation.Β The corporate now counts eight VR experiences, which permit groups of as much as six to hitch in.
