Virtual reality training solutions for businesses and educational institutions to improve workforce skills

This startup offers innovative virtual reality training solutions designed for businesses and educational institutions. The platform helps to enhance operational skills by providing immersive real-world experiences that can significantly reduce training time and increase efficiency. By simulating real operational environments, it allows trainees to learn and practice safely without the risk of real-world consequences. Suitable for industries such as manufacturing and education, the solutions are flexible, customizable, and focus on delivering real, measurable improvements in workforce development.

Asking Price

$2.1M

Multiples

Asking Price Reasoning

The $2.14M valuation is supported by: Proven, cash-flow-positive operations with 65%+ net margins. State-level contracts and expansion momentum. Proprietary, high-IP-value hardware and SaaS integration. Clear path to scaling through education networks and commercial clients. No dependency on paid marketing or external capital. Comparable VR training companies trade between 3–5x EBITDA, supporting a strong ROI case for strategic buyers or PE-backed roll-ups

$1.3M last 12 months gross revenue

$644.1k last 12 months net profit

$0 last month gross revenue

$0 last month net profit

1,000-5,000 Customers

$0 ARR

+10% Annual Growth Rate

3-5% stable Churn Rate

Date Founded

January 2017

Team Size

Small (2-20)

Business Model

Business-to-business (B2B)
Business-to-consumer (B2C)

The business operates on a hybrid B2B/B2C SaaS and hardware sales model, monetizing through direct hardware sales, software licensing, and subscription rentals. Revenue Streams: Education Licenses – Lifetime institutional licenses (~$40K per site). Commercial Licenses – Hardware ($17K per simulator; ~$7K cost) + annual software ($8.5K). SaaS Rental Model – $1,000–$1,500 per month per unit (“REAL-Forklift-as-a-Service”). Maintenance Revenue – Optional annual maintenance (~$300 per client).

Tech Stack

Vue.js

REAL-Forklift® Simulator Platform – Proprietary VR simulation combining physical forklift controls, safety logic, and immersive environments. Mobile and Web Apps – For trainer dashboards, session tracking, and performance monitoring. Remote Connect Module – Enables live, instructor-led sessions from any location. Hardware & Firmware IP – Fully owned and included in sale, with modular design for portability. Cloud-Based Backend – Secure data management and reporting infrastructure

Growth Opportunities

Increase digital marketing
Increase pricing
Increase content marketing
Focus on SEO

Commercial Expansion – Extend beyond education into logistics, warehousing, and staffing firms. State-Level Rollouts – Proven success in Georgia and Alabama; 48 other states open for replication. International Growth – Early traction in Canada (Adecco & Alberta Safety Council) and EU prospects. New Simulation Modules – Expand to related industrial training (pallet jacks, warehouse safety). Channel Development – Partner with value-added resellers and educational distributors. These growth paths position the business for multi-million-dollar scaling potential under an acquirer with sales or government contract infrastructure

Competitors

Forklift-Simulator
SimLog
CAT Simulators

Key Assets

Trademarks
Copyright
Patents
Mobile application
Intellectual property

Selling Reasoning

Financial gain

Financing

Bootstrapped

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Virtual reality training solutions for businesses and educational institutions to improve workforce skills

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