The opportunity to acquire the business and / or assets of a leading supplier of the next generation of virtual reality entertainment products to the worldwide ‘location based entertainment’ market.

Overview

Multi award winning business that designs and develops virtual reality entertainment products (hardware, games, brand IP and e-sports league).

Key products launched in 2018 following significant investment in prototyping and product development.

Focus on experience optimisation including, digital and mobile builds, logistics and installation, remote technical and engineering support, and destination marketing.

Key Features

• Range of motion-based attractions for family entertainment, retail and brand experience and virtual tourism.
• Multiple revenue streams (including leasing and licensing).
• Significant sales pipeline.
• Global customer base.
• Experienced team comprising five employees (including two directors).

Assets for Sale

• Goodwill
• Intellectual Property (including patents and trademarks)
• Plant, machinery and equipment
• Stock
• Customer list
• Order book
• Website

Summary Financial Information

* £720,000 on an annualised basis.

Process

Further information can be obtained from KBL Advisory on completion of a standard non-disclosure agreement.

KBL Advisory is requesting indicative offers, supported by proof of funding, by midday on Tuesday 10 October 2023, with a view to completing a transaction as soon as possible thereafter. We reserve the right to close the bidding process early or extend the deadline for indicative offers without liability or advanced notice.

All correspondence in relation to this opportunity should be directed to KBL Advisory as follows:

Julie Webster                                      Steven Brown    

KBL Advisory Limited                        KBL Advisory Limited

Tel: 07354 920625                             Tel: 07972 004258

Email: julie@kbl-advisory.com        Email: steven.brown@kbl-advisory.com