Atlanta Business Leader Wants to Cool Down 'Hotlanta'
with Deal That Will Have Her City Enjoying Frozen Yogurt Served by
Robots
REVISED ITEM:
Jennifer L. Scully’s company, Clinical Resources, is currently
certified with WBENC and NWBOC, and was formerly certified with
USWCC (but not presently).
Atlanta, GA -- July 17, 2018 -- InvestorsHub NewsWire --
Generation NEXT Franchise Brands, Inc. (OTCQB: VEND) announced
today that its flagship subsidiary, Reis & Irvy’s, has signed
an agreement with Atlanta business leader, Jennifer L. Scully and
her new company, RoboTreats, LLC for the exclusive franchise rights
for the robot-staffed frozen yogurt chain in Metro Atlanta, the
ninth largest metro in the United States, home to 5.8 million
people and one of the nation’s busiest airports.
The $21 million, exclusive territory deal includes contracts for
20 initial Reis & Irvy’s locations along with an agreement and
letter of intent for an additional 480 locations throughout the
metro area as part of an agreement that secures Scully’s exclusive
rights to the greater Atlanta area.
Known for her keen business sense and well regarded in Atlanta’s
business community, Scully is the founder and CEO of Clinical
Resources, a well-renowned national healthcare staffing firm
headquartered in Atlanta. Scully has been awarded numerous
recognitions based on the stellar performance of the company,
including: INC 500/5000 for 8 consecutive years (America’s Fastest
Growing Privately Held Companies), Ernst & Young
Entrepreneurial Winning Women Award for 2009, Top 50 Women-Owned
Business in Georgia and many others.
Never one to miss an opportunity, Scully formed Atlanta-based
RoboTreats, LLC along with fellow Atlanta entrepreneurs Sadie and
Wyatt Kulla earlier this year after being convinced of the
incredible potential that Reis & Irvy’s disruptive business
model presents.
Nick Yates, Chairman of Generation NEXT Franchise Brands, Inc.,
says he feels honored to be associated with such a high-profile
entrepreneur in the city of Atlanta: “Jennifer is able to combine
her comprehensive experience with a broad network of contacts as a
former board member with American Red Cross, United Way Women’s
Leadership Society, and is a current member of the Board of
Counselors for The Carter Center. I have full confidence in her
ability to promote and expand a large and successful franchise
territory,” said Yates.
The Atlanta metro area continues to grow, offering any number of
major location opportunities representing millions of persons in
foot-traffic each day: from Atlanta Hartsfield Airport, Mercedes
Benz Stadium, SunTrust Park Stadium, and Georgia Aquarium; to Emory
University and Georgia Tech. Large corporations and organizations
headquartered in Atlanta include Coca Cola, UPS, CNN, CDC, Mercedes
Benz North America, Porsche North America, Arby’s, Home Depot, The
Southern Company, Carter’s and Equifax.
Clinical Resources is certified as a Woman Owned Business
through the Women’s Business Enterprise Council (WBENC) and the
National Women Business Owners (NWBOC). Scully can utilize these
experiences to help to navigate the execution of government
contracting and potential first opportunities and tax credits.
“Reis & Irvy’s is an innovative company disrupting a popular
market. We are excited to introduce this revolutionary approach of
a consumer favorite to the Atlanta Metro market. The ingenious team
at Generation NEXT Franchise Brands, coupled with their
cutting-edge technology, robust systems, and extensive market
opportunities, will make our partnership a success” states Scully.
“When initially introduced to Reis & Irvy’s, there was no doubt
we could leverage our operating strengths to launch this
game-changing industry. We are excited about this partnership and
look forward to bringing this opportunity to the thriving Atlanta
Metro area.”
With over $154 million in franchise and licensing contracts,
Generation NEXT Franchise Brands, Inc. (OTCQB: VEND) is leading the
way with frozen desserts, fully autonomous robotic delivery, visual
and audio entertainment, and a unique retail experience.
Reis & Irvy’s-branded signature robot characters of the same
name can dispense servings of frozen yogurt, ice cream, gelato and
sorbet topped with a selection of six delicious toppings in under
60 seconds. With self-checkout touch screen ordering and payment
options, video animation, music and delicious frozen dessert
provided exclusively by Dannon, robot vendors meet consumer demand
for convenience, entertainment and a superior quality product.
Reis & Irvy’s: Franchise Expansion Highlights:
- Since its debut, Reis & Irvy’s has grown to over 255
franchisees across the U.S. and represents over 1,170 pending robot
installations aggregating over $47 million, with additional
contract commitments for over 2,750 robots worth an estimated $107
million ($154 million in total) in potential future revenues for
Generation NEXT Franchise Brands, Inc. One of the company’s more
high-profile franchisees, PGA Championship golfer Phil Mickelson,
announced an interest in the company, signing a contract in June to
deploy 30 Reis & Irvy’s locations in Southern California.
For more information, visit the Reis & Irvy’s website
at www.reisandirvys.com or call Toll-Free (888)
902-7558.
Generation NEXT Website: www.gennextbrands.com
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 OTCBB:VEND. Generation NEXT Franchise Brands, Inc.
is parent company to 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, its newly established owner/operator model. The
Company has sold over 600 franchises throughout the United States,
Canada, Australia, Israel, 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. (OTCBB: 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.
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.
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 filings 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.
Media Contact: Darren Shuster Generation NEXT Franchise Brands, Inc. Phone: (818) 744-1851 Email: darren@popculturepr.com