San Diego, CA -- November 15, 2017 -- InvestorsHub NewsWire --
Generation NEXT Franchise Brands, Inc. (OTCQB: VEND) has announced that its flagship
franchise concept Reis & Irvy's has now been approved for
franchising within California. The California approval marks the
continued expansion of an aggressive effort to introduce and launch
the revolutionary Froyo Robots throughout the United States and
open franchise opportunities for qualified entrepreneurs within key
markets across the country.
Launched in April of 2016, Reis & Irvy's, the world's first
robotic frozen yogurt vending machine set out to establish a firm
foothold across the United States securing franchising approvals in
key registration states such as New York, Washington, Illinois,
Virginia, and Minnesota. As a major market within the U.S., the San
Diego-based franchisor has been working diligently to open the
California market for approval for some time and will now be
working with qualified franchisees to place the "Froyo Robots"
throughout the state. To date, Reis & Irvy's showcases a U.S.
franchise network of just under 200, representing over 850 robots
across the country. Additionally, the concept has also recently
been expanded in to Canada, Israel and Oman via licensing
agreements, introducing the patented technology to an international
audience.
"We have over 4,500 names within our database of individuals who
have been eagerly anticipating California to approve us as a
franchisor. I am happy to say that we can now finally begin to
contact these prospective franchisees, invite them to our San Diego
headquarters to see the robot in action, taste the many frozen
treats now available and meet our incredibly passionate team," said
TJ Rogers, Director of Franchising for Reis & Irvy's. "Given
the population of over 39 million people in California and the fact
that prospective franchisees can visit our offices in their own
back yard, we believe we can substantially increase demand for our
product. Suffice it to say that this is a very exciting time for
us."
Prospective franchisees within the newly-approved California
market should be pleased as well. The Reis & Irvy's corporate
team is dedicated to providing a franchise model which promotes the
highest level of opportunity for its brand ambassadors. Focused on
turn-key solutions for new and existing franchisees, the company
provides a wealth of resources, tools and standards which help pave
the way for successful placement, operation, support and management
within the marketplace. With each Reis & Irvy's franchise
across the country comes a fully-supported corporate effort focused
on location procurement, national marketing, training and support
for the life of the franchise.
For more information on the revolutionary Froyo Robots or to
learn more about how you can own your own Reis & Irvy's Froyo
Robot franchise, visit the Reis & Irvy's website at
reisandirvys.com. To learn more about how you can attend a Reis
& Irvy's Discovery Day, please email info@reisandirvys.com. To learn more about
Generation NEXT Franchise Brands or their family of brands, please
visit www.gennextbrands.com or call toll free
888-902-7558.
This information is not
intended as an offer to sell, or the solicitation of an offer to
buy, a franchise. It is for information purposes only. No Reis
& Irvy's franchises will be sold to any resident of any state
until the offering has been exempted from the requirements of, or
duly registered in and declared effective by, such state and the
required FDD (if any) has been delivered to the prospective
franchisee before the sale in compliance with applicable law.
Currently, the following states in the United States regulate the
offer and sale of franchises: California, Hawaii, Illinois,
Indiana, Maryland, Michigan, Minnesota, New York, North Dakota,
Oregon, Rhode Island, South Dakota, Virginia, Washington, and
Wisconsin. If you reside in one of these states, or even if you
reside elsewhere, you may have certain rights under applicable
franchise laws or regulations.
About Generation NEXT Franchise Brands,
Inc.
Generation NEXT Franchise Brands, based in San Diego,
California, is a publicly traded company on the OTC Markets trading
under the symbol: VEND. Generation NEXT Franchise Brands is parent
company to Fresh Healthy Vending LLC, the market's leading
healthy-choice vending machine franchise, Reis and Irvy's, Inc.,
the world's first robotic frozen yogurt vending robot, 19 Degrees,
a corporate-focused frozen yogurt robot brand and Generation NEXT
Vending Robots, our newly established owner/operator model. The
Company has sold over 600 franchises throughout the United States,
Canada, Puerto Rico and the Bahamas, and continually looks to
partner with like-minded entrepreneurs who share its vision.
Cautionary note on
forward-looking statements
This press release contains
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements include, among others, statements concerning our future
financial performance, including statements regarding our ability
to increase the demand for our product now that we may sell
franchises in California and our ability to timely launch delivery
of our Froyo Robots. The Company bases these forward-looking
statements on its current expectations, estimates and projections
about future events and the industry in which it operates using
information currently available to it. Actual results could differ
materially from those discussed in, or implied by, these
forward-looking statements. Forward-looking statements are
identified by words such as "believe," "anticipate," "propose,"
"expect," "intend," "plan," "will," "may," "estimates," variations
of such words and other similar expressions. In addition, any
statements that refer to expectations, projections or other
characterizations of future events or circumstances are
forward-looking statements. Factors that could cause actual
results to differ from those implied by the forward-looking
statements contained in this press release are set forth in our
fillings with the Securities and Exchange Commission (SEC),
including our most recent Annual Report on Form 10-K for the year
ended June 30, 2017, our Quarterly Reports, and our Current Reports
on Form 8-K. Be advised that developments subsequent to this press
release are likely to cause these statements to become outdated and
the Company is under no obligation (and expressly disclaims any
such obligation) to update or revise any forward-looking statements
whether as a result of new information, future events, or
otherwise.