Franchise Fee – What’s Included?
Designated/Protected Territory
- Owners will receive a territory reserved solely for their Ctrl V® facility. This territory is typically identified by Postal or Zip Codes and contains a population density of approximately 200,000 people for every 16 VR stations.
Design Services
- The Ctrl V® team will assist the Owner in the design/floor plan of their facility to ensure optimal traffic flow and reduced technological interference.
- PO (purchase order) creation for all of the owner’s product orders.
3rd Party Partnerships
- Connection to Ctrl V® third-party vendors and development partners simplifying the owner’s purchase of products, equipment, and services with no markup.
- This includes introductions to suppliers of all hardware and components for the build-out of an owner’s facility.
- Also included are preferred rates for professional services such as reduced financing, high-quality bookkeeping, accounting, month-end reconciliation services, and commercial real estate agents specializing in franchising.
Marketing Support
- Consultation and recommendations for your initial opening launch marketing plan, is an integral part of managing your VR franchise cost effectively.
- Access to the Ctrl V® library of assets which includes logos and custom graphics designed by a world-renowned graphic artist.
Comprehensive Training
- Training will occur at the Ctrl V® Waterloo Flagship location over two separate visits and will comprehensively cover topics such as software, hardware, gaming, marketing, franchise operations, accounting, customer service, and floor operations. You will have the opportunity to run the floor on the busiest days to see how effectively the Ctrl V® turn-key system simplifies the experience for the customer and the staff.
Deployment
- The Ctrl V® team will travel to the owner’s facility and build at least two (2) full stations while training your team on the nuances of finishing the construction of your facility.
Game Royalty Rates
- All Ctrl V® locations must pay the proper royalties to the game developers in exchange for using their creative content in a commercial setting. Ctrl V® has secured per-minute rates directly with over 200 game developers. In most cases, these rates are industry-exclusive.
- The rates are variable based on revenue rather than fixed like the standard market rates, allowing owners to have an unlimited amount of games without increasing their overall costs (this will be the only CoGS). No markup is taken by Ctrl V®.
Custom Proprietary Software
- For the duration of the term, owners will be able to use all internally developed software as well as all future internally developed software without charge.