New Business For Sale: Real Estate focused Virtual Reality provider

March 30, 2021 by Steve Lukes

Steve Lukes just launched a new listing: Real Estate focused Virtual Reality provider

Real Estate focused Virtual Reality provider
Asking: $950,000 • Gross: $602,000 • Net: $186,000

This company sells computer-generated virtual tours for new construction or fitout 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.

• 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, 310-871-2909 or slukes@bizex.net

Steve Lukes
Email: slukes@bizex.net
Office: (310) 882-2200 ext 164
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker/steve-lukes

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