Franchisor expects a minimum rollout of 1400 units worth an
estimated $56 million in revenue for the calendar year
2018
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Reis & Irvy’s Frozen Yogurt Robot |
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San Diego, CA -- May 30, 2018 -- InvestorsHub NewsWire --
Reis & Irvy’s, Inc., (OTC: VEND)
(www.reisandirvys.com) a subsidiary franchise concept of Generation
NEXT Franchise Brands, Inc. (www.gennextbrands.com), today
announced its first 50 location installs that are scheduled to
receive the first production run of fully-automated frozen desert
vending robots in the month of June.
The patented technology, manufactured and assembled by Flex, Ltd
(www.flex.com), will feature frozen yogurt produced exclusively for
Reis and Irvy’s from Dannon YoCream (www.yocream.com). All
deliveries and installations will be handled by Generation NEXT’s
strategic operations partner, Pitney Bowes (www.pitneybowes.com), a
trusted global service and logistics solutions provider.
Reis & Irvy’s has been focused on finding homes across the
country for the franchised Frozen Yogurt Robots in premiere,
high-traffic location categories that include hospitals, theme
parks, airports, family centers, movie theaters, tourist
attractions, airports, hotels and Fortune 500
corporations.
Some of the notable June location installations receiving the
vending robots next month offered some quotes:
“Mall of Abilene is excited to introduce this fun and unique
froyo experience to our shoppers. It’s something anyone of any age
can enjoy in a brand new way,” said Michelle Parker, Marketing and
Specialty Leasing Manager, Mall of Abilene.
“We are looking forward to giving our museum guests a chance
to make a truly personalized cool treat in a unique yet easy way,”
said Patti Reiss, Director of Museum Experiences, Mississippi
Children's Museum.
“We are so excited to add Reis & Irvy’s to our
concession mix for all our movie-going customers,” said Mick
Stieler, CFO, COO Showplace Cinemas, Evansville, IN.
“Anything we add to our park, tends to have a certain level
of excitement because we're a trampoline park and excitement is
what we do,” said Nicole Cochetti, Director of Marketing and Park
Operations of Flight Trampoline Park in New York. “We like to think
we have the latest attractions and we're always taking fun to the
next level and the Reis & Irvy’s Frozen Yogurt Robot certainly
does that for us!”
“Our entire network including franchisees, shareholders and our
employees are extremely excited to see our first run of robots hit
the market,” said Nick Yates, Chairman for Generation NEXT
Franchise Brands. We can now begin providing case studies and live
testimonials from both customers and location partners reacting to
our newly developed and very much improved next generation vending
technology.”
For more information on the revolutionary Frozen Yogurt Robots
or to learn more about how you can own your own Reis & Irvy’s
Frozen Yogurt Robot franchise, visit the Reis & Irvy’s website
at www.reisandirvys.com or call toll free 888-902-7558.
Follow us on Twitter @Reisnirvys, on Facebook @reisandirvys and on
Instagram @reisnirvys.
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. (OTCB: VEND). Launched in
early 2016, the revolutionary Reis & Irvy’s Frozen Yogurt Robot
vending machine serves seven different flavors of frozen yogurt,
ice cream, sorbets and gelatos, 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.
Attachment
- Generation NEXT Franchise Brands Robot
Media Contact: Lisa Delaney 949-500-6752 info@gennextbrands.com