San Diego, CA -- May 10, 2018 -- InvestorsHub NewsWire -- When
San Diego-based Generation NEXT Franchise Brands, Inc. (VEND)
launched its flagship franchise concept, Reis & Irvy’s frozen
yogurt vending robots in 2016, its focus was not only building a
global franchise network, but ensuring (through an internal
locations procurement team) that the technology would be placed
within top-tier locations that would match the excitement and
novelty of the brand. With over 450 locations secured to date, the
company today announced yet another premiere partnership, securing
an agreement with the Indiana Farmers Coliseum, home to the Indy
Fuel hockey team, the IUPUI Jaguars NCAA Basketball team and the
Indiana State Fair.
The Indiana Farmers Coliseum and the nearby Fuel Tank at
Fishers, will be host to two of the Reis & Irvy’s Froyo Robot
units starting in August of 2018 with further expansion initiatives
possible in the future. Additionally, Reis & Irvy’s will
sponsor and have exclusive naming rights to the Fuel Tank’s event
party room, where one of the interactive robots will live
full-time, providing guests with amazing desserts and an incredible
addition to an already exciting venue. The robots, which serve
seven different flavors of frozen yogurt, ice cream and sorbet,
with 6 topping choices in under 60 seconds, bring another
innovative concept to the state venue.
“The Indy Fuel are thrilled to team up with Reis & Irvy’s to
bring a Froyo Robot to Indiana Farmers Coliseum and the Fuel Tank
at Fishers,” said Indy Fuel President Larry McQueary. “Our
priority is to constantly find new ways to enrich the game day
experience for our guests, and the interactive nature of the Reis
& Irvy’s system will allow us to provide a new concessions
option to our fans in an engaging and memorable fashion.”
The Reis & Irvy’s frozen yogurt robots are not strangers to
bringing the future of frozen yogurt to the ice or for that matter,
coliseum-sized audiences. Earlier this year, the franchise brand
also announced a similar sponsorship agreement with the National
Hockey League’s Dallas Stars and within four Dr. Pepper StarCenter
facilities.
Nick Yates, the Chairman of Generation NEXT Franchise Brands and
its subsidiary, Reis & Irvy’s, spoke eloquently, but directly,
about the importance of high-visibility venues for the concept.
“The Reis & Irvy’s brand exudes excitement, innovation and
fun and that has always been the foundation from which we have
built our concept,” said Yates. “More importantly, it is imperative
to the success of our franchisees that we match and place their
robots in premiere locations that mirror the brand essence we have
created. What better place to have our robots serving guests, than
the high-energy venue that hosts ECHL Hockey, NCAA Basketball and
the Indiana State Fair. We, on behalf of our local franchisee,
Ingrid Stadler, could not be more thrilled at the opportunity to
partner with such an amazing facility.”
“We are excited to bring Reis and Irvy’s to Indianapolis and are
especially proud to partner with the Indiana Farmers Coliseum,”
said Stadler. “The visitors to the venue for the Indy Fuel hockey
games, the Indiana State Fair and the dozens of other events
throughout the year, are sure to enjoy the unique customer
experience that the Reis & Irvy’s Froyo Robots will
deliver!”
One unique feature of becoming a Reis & Irvy’s franchise
operator is the extensive support that each individual receives
from the corporate office. As with any successful franchise, the
opportunity is all about the location. Reis & Irvy’s corporate
office houses a dedicated location procurement department focused
specifically on identifying and securing premiere locations for all
Froyo Robots placed in the marketplace. The Indiana Farmers
Coliseum, secured for the Stadler's through this very support
initiative, is just another example of Generation NEXT and Reis
& Irvy’s ensuring success for its franchise network and
location partners alike.
For more information on Generation NEXT Franchise Brands
(www.gennextbrands.com) or their family of brands, including the
revolutionary Reis & Irvy’s frozen yogurt robots, please
visit www.reisandirvys.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, Inc., 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 kiosk, 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.
About Reis & Irvy’s, Inc.
Reis & Irvy’s, Inc. is a subsidiary franchise concept of
Generation NEXT Franchise Brands, Inc. (VEND). Launched in early
2016, the revolutionary Reis & Irvy’s Froyo Robot vending
machine serves seven different flavors of frozen yogurt, ice cream,
sorbets and gelato’s, a choice of up to six custom toppings and to
customers within 60 seconds or less at the point of sale. The
unique franchise opportunity has since established itself as a
high-demand product and currently showcases a franchise network
both domestically as well as internationally.
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 generate revenue and recognize
deferred revenue; our ability to timely launch delivery and
installation of our frozen yogurt robots; and our ability to
grow our franchising and licensing divisions and
launch our corporate-owned and direct sales platforms. 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.
Contact:
Media Contact: Lisa Delaney 949-500-6752 info@gennextbrands.com
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