27 Feb Acquisitions Anonymous: This VR Biz Trains Forklift Drivers… and Makes Bank
This week, the hosts review an 8-year-old Georgia-based virtual reality forklift training company listed for $2.14M on Flippa. Founded in 2017, the business generates approximately $50K/month in profit (~$600K annually) with 66% margins and a 3.5x earnings multiple. The company sells VR forklift simulators and software licenses to technical colleges and industrial clients, combining hardware kits with recurring licensing revenue.
Key Highlights:
– Asking Price: $2.14M (3.5x profit, ~2.3x revenue)
– Location: Georgia-based VR forklift simulator company
– Strong presence in technical college systems
– Hybrid hardware + software model (not pure SaaS)
– Major debate: long-term viability vs. automation & robotic forklifts
