How To Start VR Gaming Zone Business In Telugu | Small Business Ideas 2024 | Money Factory Telugu

Summary

The video introduces a business idea about starting a VR gaming zone during the summer season. It highlights how VR gaming offers an immersive, thrilling entertainment experience. The video explains the initial setup, including the necessary space, equipment like Meta Quest VR sets, and investment costs, which can be around ₹2 lakhs. The video also breaks down potential profits, with earnings reaching ₹1,20,000 per month in cities. Additionally, it discusses sourcing equipment from places like Amazon or wholesale suppliers in cities like Hyderabad and Chennai.

Takeaways

• 🎮 Starting a seasonal business in the summer can be highly profitable, especially in the entertainment sector.
• 🕹️ One unique business idea for summer is opening a Virtual Reality (VR) gaming zone, which offers an immersive 360-degree gaming experience.
• 🏢 To start a VR gaming business, it's crucial to rent a spacious hall where players can freely move around while engaging with VR games.
• 💰 Initial investment depends on the number of VR sets and gaming consoles, with a typical setup of 5 consoles costing around ₹200,000.
• 🕶️ High-quality VR sets, like Meta Quest 2, are essential for gaming and cost approximately ₹30,000 each.
• 🖥️ Additional equipment, such as racing game steering sets and LED TVs, may be necessary, contributing to the overall investment.
• 💵 Potential profits vary based on location, with daily earnings ranging from ₹4,000 in cities, and up to ₹120,000 per month.
• 📦 VR gaming equipment can be purchased online or from wholesalers in major cities like Hyderabad, Chennai, or Vizag.
• 🏙️ While city-based businesses tend to generate higher profits, VR gaming zones can also be successful in smaller towns and villages.
• 👍 The business is scalable with options to increase equipment and expand operations for greater revenue.

Q & A

What is the main focus of the business idea presented in the video?

The main focus of the business idea is starting a VR (Virtual Reality) gaming zone, which offers a unique entertainment experience with VR gaming sets.

Why does the speaker recommend starting this business during summer?

The speaker suggests that summer is a great time to start this business because entertainment businesses, especially those related to gaming, are popular during this season and attract a lot of customers.

What are the initial investments required to start the VR gaming zone?

The initial investments include renting a large hall, purchasing VR sets (such as Meta Quest sets), PlayStations, steering wheels for racing games, LED TVs, furniture, and power connections. The total estimated investment is around ₹2 lakh.

What types of VR sets are mentioned, and what are their prices?

The video mentions Meta Quest VR sets, including versions 1, 2, 3, and Pro. Meta Quest 2 costs around ₹30,000 and is an all-in-one kit. The prices for the games vary from ₹800 to ₹2,000.

What is the estimated income from this VR gaming business?

The estimated daily income from VR gaming sets is around ₹4,000, based on charging ₹200-₹300 per hour and running the sets for 5 hours a day. The monthly income can be around ₹1,20,000 in cities and ₹70,000 to ₹80,000 in smaller towns or villages.

What kind of space is required for a VR gaming zone?

A large hall-type space is recommended for the VR gaming zone, as players need room to move around while playing VR games.

Where can VR gaming equipment be purchased?

VR gaming equipment can be purchased online from platforms like Amazon or from wholesale suppliers in cities like Hyderabad, Chennai, Vizag, and Vijayawada. Specific markets such as Haridas Market in Hyderabad and Ritchie Street in Chennai also sell gaming equipment.

What are some additional costs involved in setting up the business?

Additional costs include ₹10,000 for furniture, ₹10,000 for power connection, and ₹50,000 for shop rent advance. Optional purchases include LED TVs to enhance the gaming experience.

What are the benefits of investing in a VR gaming business?

The benefits include high excitement for players, unique entertainment offerings in the area, and potential for significant income with a relatively low initial investment. The VR experience provides immersive gaming, which attracts both kids and adults.

How can profits vary based on location?

Profits depend on the location of the business. In a city, higher pricing and more foot traffic can result in higher profits, while in smaller towns or villages, profits may be around 30% lower due to lower pricing and demand.