8+ Y/O Virtual Reality Training and Workplace Development Platform
Business Description
Executive Summary
The business is a U.S.-based virtual reality training company specializing in immersive forklift simulation for workforce development, education, and industrial safety programs. Founded in 2017, the company has built a tested and widely deployed simulation platform designed to help institutions train, validate, and improve forklift operator performance in safe, scalable, and cost-effective environments.
With deep traction in the education sector and growing adoption among commercial clients, the business has achieved 85% gross margins on educational licenses, a lean cost structure, and nearly $1M in recent annual revenue with strong profitability. The company is now positioned for rapid commercial expansion and multi-state rollout in the public sector.
Company Overview
Headquarters: Savannah, GA
Founded: October 2017
Ownership Available: Up to 100%
Valuation: $2,142,000
Sale Type: Asset sale
Post-Sale Support: 6 months
The business designs and sells high-fidelity VR forklift simulators and associated SaaS software, supporting both educational and commercial use cases. The company operates out of a 1,500 sqft office and a 600 sqft warehouse and is currently run by a two-person team with proven systems in place for production, deployment, and customer support.
Product Overview
Product 1
A full-seat VR simulator combining proprietary software with physical forklift controls, safety systems, and immersive virtual environments. Targeted at schools, agencies, and workforce centers.
Product 2
A compact version suitable for field deployment, portable training teams, and smaller lab setups.
Web & iOS App
Allows trainers to manage users, track performance, assign scenarios, and monitor sessions remotely in real time.
Remote Connect
Live trainer connectivity offering a Zoom-like ride-along experience with trainees in simulation sessions.
Revenue Model
The business generates revenue through simulator hardware sales and associated software licenses.
Education Licensing: One-time lifetime license (~$40K per site)
Commercial Licensing:
Hardware: $17K (built at ~$7K cost incl. labor)
Annual Software License: $8.5K
Maintenance:
The business is a U.S.-based virtual reality training company specializing in immersive forklift simulation for workforce development, education, and industrial safety programs. Founded in 2017, the company has built a tested and widely deployed simulation platform designed to help institutions train, validate, and improve forklift operator performance in safe, scalable, and cost-effective environments.
With deep traction in the education sector and growing adoption among commercial clients, the business has achieved 85% gross margins on educational licenses, a lean cost structure, and nearly $1M in recent annual revenue with strong profitability. The company is now positioned for rapid commercial expansion and multi-state rollout in the public sector.
Company Overview
Headquarters: Savannah, GA
Founded: October 2017
Ownership Available: Up to 100%
Valuation: $2,142,000
Sale Type: Asset sale
Post-Sale Support: 6 months
The business designs and sells high-fidelity VR forklift simulators and associated SaaS software, supporting both educational and commercial use cases. The company operates out of a 1,500 sqft office and a 600 sqft warehouse and is currently run by a two-person team with proven systems in place for production, deployment, and customer support.
Product Overview
Product 1
A full-seat VR simulator combining proprietary software with physical forklift controls, safety systems, and immersive virtual environments. Targeted at schools, agencies, and workforce centers.
Product 2
A compact version suitable for field deployment, portable training teams, and smaller lab setups.
Web & iOS App
Allows trainers to manage users, track performance, assign scenarios, and monitor sessions remotely in real time.
Remote Connect
Live trainer connectivity offering a Zoom-like ride-along experience with trainees in simulation sessions.
Revenue Model
The business generates revenue through simulator hardware sales and associated software licenses.
Education Licensing: One-time lifetime license (~$40K per site)
Commercial Licensing:
Hardware: $17K (built at ~$7K cost incl. labor)
Annual Software License: $8.5K
Maintenance:
About the Business
- Years in Operation
- 8
- Currently Relocatable
- Yes
- Facilities & Assets
- All IP (hardware, firmware, software, app)
Web and mobile platforms
Backend tools and cloud infrastructure credentials
~$50K in hardware inventory
Customer database and active sales pipeline
Full training materials, documentation, and transition support
Listing Info
- ID
- 2445209
- Listing Views
Listing ID: 2445209 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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