Business Summary:
Arcadian Virtual Reality (www.arcadianvr.com) is a company that’s been in business since 1992 and with the current owner for 7 years. It is a patented and trademarked virtual reality system that is used for arcades and gaming, but the vr technology can be used for a variety of other formats. What is being offered is the inventory and ffe, the exclusive rights to use the patents and trademarks, website domain, designs, manufacturing processes, and customer lists. There are over 6,000 arcade machines currently in the market worldwide. There are service technicians who can be contracted for repairs regardless of international location of the systems.
Arcadian Virtual Reality is run from the owner’s home and can be relocated and manufactured anywhere in the world. The arcade/gaming industry has taken off significantly recently with explosive growth in Russia and China. A savvy buyer with international experience could set up production/distribution within China to reduce costs and develop inroads to Chinese internal distribution to tap into the developing marketing. Currently, client leads come from machine owners desiring updated models, and from the Arcadian website. At present, sales requests are being turned down due to the seller’s present family/work situation. He is unable to continue production and would like to sell the company for asset value. This could be an incredible opportunity for a buyer needing usage of Virtual Reality patent rights, or for someone looking to have an international distribution company. If interested, please contact Julie Rossi, Senior Broker, at 913-433-2316.
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