How We Sold The Next Level VR in London, Ontario

The Business

The Next Level VR is a virtual reality arcade inside The Factory entertainment complex in London, Ontario. Founded in 2018, it earns its revenue from walk-in players, parties, school groups and corporate events, and it was selected for a Consumer Choice Award.

How We Sold It

We put together a confidential business overview that showed buyers how the arcade really earned its money: walk-in players, parties, school groups and corporate events, along with the equipment and the training a new owner would receive.

The listing drew steady interest, and serious buyers toured the arcade in person before making their decisions. We guided the owners through the offers and the negotiation, protecting their price and terms, and arranged a hand over so the new owner could step in with confidence.

The sale closed about four months after the business went to market.

The Result

The Next Level VR continues to welcome players at The Factory under its new owner.

See more businesses for sale in Southwestern Ontario.