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Real Estate Focused Virtual Reality Provider For Sale

Los Angeles, California - South, US
Asking Price:
$750,000
Sales Revenue:
$602,000
Cash Flow:
$186,000

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 that 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.

- The ROI from a high-quality tour helping generate leads and convert leads to signed deals
- Customers say they like having the full suite of virtual tour content available for different situations
- 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
- Newly created Commission-only sales team
- 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,

Business Operation

Reasons for selling:

career change

Employees:
3
Years established:
2017

Other Information

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact BizEx

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