500㎡ VR experience hall
Choosing the right location, layout, and high-return VR equipment is critical. At VRNO.1, we help you optimize every dollar, providing strategic venue planning, product combinations, and operational guidance to maximize your ROI and ensure long-term profitability.
There are a few main aspects to consider in an investment budget
Venue rental
Depending on the city and location, the rent will vary greatly. Rents can be as high as US$100 per square meter per month in bustling areas of first-tier cities, while rents can be relatively low in second- and third-tier cities or non-central areas.
Assuming a monthly rent of $80 per square meter, the monthly rent for 500 square meters would be $40,000, although this cost will be significantly reduced if you can rent a cheaper space or already own the space.
VR equipment cost
VR equipment is the heart of the experience hall, and the price of different equipment varies, with most of them costing more than $5,000 per unit, while relatively cheap mobile VR equipment can range from a few hundred to several thousand dollars.
According to the area of 500 square meters, minus the reception area, rest area, toilet, passage, and other areas, the final remaining 350 square meters are used for equipment placement.
According to the calculation of the floor area of 10 square meters of one equipment, about 30 VR devices are needed for a 500-square-meter site, and the average price of equipment is 8,000 US dollars per unit; The total equipment cost is at least $240,000 or more.
Operating costs
Operating costs include employee salaries, utility bills, marketing expenses, and more. Employee wages are one of the main operating costs, and the number of employees needs to be determined based on the size of the site, the number of equipment, and the operational needs.
The 500-square-meter site, in the case of two shifts, requires about 8 employees, each with a monthly salary of 3,000 US dollars, and a total of 24,000 US dollars per month. Other operating costs, such as utilities, equipment maintenance, and marketing expenses, can be around $15,000 per month.
To sum up, the project investment budget for opening a 500-square-meter VR game console experience hall is roughly about 240,000 + 79,000 * 12 US dollars. Of course, this is only a rough estimate, and the specific investment amount will vary depending on the region, equipment selection, decoration grade, and other factors. Investors should fully consider these factors when budgeting and leave some leeway for possible additional expenses.
| The ROI Of A Double Egg Chair | |||||
| Income | Ticket price | Play times | Daily income | Monthly income | Annual income |
| $10 | 60 visits | $600 | $18,000 | $216,000 | |
| Cost | Staff | Rent | Other costs | Monthly cost | Annual cost |
| $3,000 | $1,600 | $600 | $5,200 | $62,400 | |
| Monthly profit | $12,800 | ||||
| Annual profit | $153,600 | ||||
Earnings Estimates
On the basis of the initial investment in marketing and promotion, it is expected that the passenger flow in the first three months of opening will be at least 150 people/day. Based on a per capita consumption of $100, the cost of income for the first three months is at least $15,000 per day.
The monthly income is $450,000 per month. The earliest three months can pay back and even calculate the principal invested in the next whole year.
Net profit for the first three months = ($450,000 * 3) - ($3）-（$240,000 + $79,000 * 12) = $162,000
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