Real Estate focused Virtual Reality provider

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$695,000 $602,000

Services: Real Estate


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RE: Real Estate focused Virtual Reality provider Broker: Steve Lukes

Quick Facts

Asking Price: $695,000
Annual Revenue: $602,000
Net Profit: $316,384
Cash Flow: $316,384
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 3
BBN Listing #: 647511895
Broker Reference #: BizEx1349-SL

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Business Overview:

This company sells computer-generated virtual tours for new construction or fit out real estate projects. The product helps real estate companies sell or lease faster and at higher rates. Their unique offering is to deliver a full suite of formats which help showcase the tours across all possible channels, without charging a la carte for each image or each format. This is achieved by applying real-time video game technology to the real estate industry. Their customers get 10x more content, plus viewer interactivity, for a similar price to just a few static images from the old way of creating real estate visualizations with traditional rendering companies.

70% of customers that have more than one property have become repeat customers
Software Automation for output of full product suite (VR, 360, Video, 2D)
Built on Hollywood-quality game engine
Large library of 3D assets reused on future projects
275k of earnings on the books and another 100k in equity received from customers
Oculus-ready (most prominent VR platform)
Dedicated offshore 3D team; low cost with high quality
Low Overhead (remote team, even pre-pandemic)

Please contact Steve Lukes, M&A Advisor, 310-871-2909 or slukes@bizex.net

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Reason for Selling:

Career change.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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