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VRXOne - Virtual Reality Education

  • Area Req
    1500 - 1600 Sq.ft
  • Investment Range
    Up To USD 50,000
  • Franchise Outlets
    Less than 10
Business Details

Munfarid Consulting is an innovation company, with a unique offering of innovative adaptation of Augmented Reality, Virtual Reality, and Artificial Intelligence to instill learning, training and skill development across different industries. With the use of creative and immersive technologies as well as hands-on practical tools, Munfarid offers cutting-edge customizable solutions applicable for any training environment in an efficient and risk-free manner while capacitating maximum optimization of productivity. Munfarid Consulting aims at transforming the face of learning and development technologies in the Middle East as well as internationally by integrating a global operating framework interweaved with corporate and economic vision.

A multifunctional learning and development company focused on creating a globally competitive economy through distinct competitive measures. The company uses innovative technologies like Augmented Reality, Virtual Reality, and Artificial Intelligence to instill learning, training and skill development across different industries. Munfarid aims at transforming the face of learning by paving way for digitalization of classrooms.

The vision is to support the youth and help them fulfill their ambitions to reach their full potential. All actions are governed by the desire to achieve equilibrium between the economic requirements and an efficient education system which can only be achieved through passion and indomitable efforts.

The company has resolved to show virtual reality expeditions to 1 million students to spread awareness about the benefits of technology in the classroom. The company's program VRXOne is recognized as a credible and revolutionary educational tool raising standards of classroom learning and bringing the lost attention back to classrooms. The thoughtful virtual reality experiences brought by the resilient VRXOne present a medium that students love to learn in. The ingenious experiences help students immerse themselves and easily envision even the most complex lessons. Every three out of four users who try VR believe that it facilitates experiences they would not be able to feel otherwise. Kids around the world are enjoying this new method of learning that helps them retain their knowledge.

 

VRXOne is a Google's Approved, only authorized program in Immersive Education aligned with curriculum, the ISTE Seal of Alignment for Google Education provides confidence to educational institutions to choose VRXOne ensuring the safety, capability, and delivery of futuristic education through a standard program. 

Investment Details

Commenced Operations

Operations Commenced On 2017

Franchising / Distribution Commenced On 2019

Franchise Details
Units

Area1500

Investment Up To USD 50,000

Franchise/Brand Fee 10000

Royalty/Commission5

Expansion Locations

Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, Umm al-Quwain

Franchise Details

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 100

Likely pay back period of capital for a unit franchise - NA -

Other investment requirements - NA -

Property Details

Type of property required for this franchise opportunity - NA -

Floor area requirement 1500

Preferred location of unit franchise outlet - NA -

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location 1

Is field assistance available for franchisee? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise No

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 2 Year

Is the term renewable? Yes

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