As Nationwide Rollout Gains
Steam, Here's What Reis & Irvy's Franchisees Have to Say About
Their New Businesses
San Diego, CA. -- September 24, 2018 -- InvestorsHub NewsWire
-- Generation NEXT Franchise Brands, Inc. (OCTQB: VEND) is
forging ahead with a nationwide rollout of its robotic frozen
yogurt and ice cream franchise, Reis & Irvy’s, and early
reviews from franchisees, now up and running with their own
unattended, robotic vending kiosks, have begun to arrive.
Here’s what they’re saying, in their own words:
Peter Shapiro, Lankenau Medical Center and West Chester
University, PA
“It’s awesome for our family to have such a prestigious hospital
as our first location -- and it’s right in the neighborhood where
we all grew up. From the minute we rolled the machine into
Lankenau, the robot has kept busy selling around the clock. People
just love the product. It’s made by Dannon and people just go crazy
for it. Once they learn it’s only 108 calories, they choose
the yogurt over a Snickers bar,” said Peter Shapiro of Wynnewood,
PA. “Most of our sales are actually in the evening but our day rush
is still fairly strong. I’ve spent a lot of time at our
location, watching customers and their interaction with the kiosk,
and I’m happy with what I see.”
Michael Bingham, Texas Medical Center, Houston,
TX
“We’re thrilled,” said Michael Bingham, whose Reis & Irvy’s
robotic vending kiosk is installed at the Texas Medical Center.
“Support from headquarters has been phenomenal. We’re on our
second machine, a ‘second generation’ machine, which the company
provided and installed on August 21st, replacing our existing
“first generation” machine. It was certainly worth the wait to stop
and get the production right - things are going very well right
now.”
David D’Olympio, Canton Ice House, Canton,
MA
David D’Olympio of Rockland, MA is proving that ‘froyo’ knows no
boundaries with his first Reis & Irvy’s installation at Canton
Ice House in Canton, MA which features two NHL-sized hockey rinks.
Home to several local area high school teams, an elite
private club program, several local youth hockey programs and a
premier figure skating club.
“My robot has been working perfectly - no issues, no
breakdowns,” David said of his Reis & Irvy’s kiosk installed on
August 20th. “Already, kids will sit there and watch the
robot and marvel at it. They come back with their parents. They
love it,” David said.
“Kids and other customers don’t touch anything besides the
touchscreen and the local health department were shocked it was so
easy to clean. It’s the first of its kind in Massachusetts
and it took time for [the health department] to realize they had to
re-write the rules.”
Kris Barlow, Oklahoma Christian University, Oklahoma
City, OK
A former Quiznos franchisee, Kris Barlow isn’t new to the
franchise business model, but is ecstatic about the
low-maintenance, low-overhead opportunity provided by Reis &
Irvy’s unattended, robotic technology.
“I almost feel guilty how easy this is,” Kris said. “I
spent just four hours the first week making sure I figured things
out with the machine. It’s not difficult. It’s basically
plug-and-play.
“The cost of goods is controlled; there is very little cash
involved thanks to the variety of payment methods accepted; and the
break-even is so low I almost don’t have to think about it,” Kris
added.
“Most of our sales are actually at night. We do 70 percent
of our business from 4:30pm to 8:30pm,” Kris said.
“The Camaraderie is Inspiring”
Nick Yates, Chairman of Generation Next Franchise Brands,
described Reis & Irvy’s franchisees’ camaraderie as
“inspiring.” "Franchisees who have robots installed across
the United States and Canada are coming together to share
their experiences, tips and advice with one another and the rest of
our network. The feedback and support that franchisees are
beginning to share amongst themselves, and the community that has
been formed, speaks volumes to the product and program,” Mr. Yates
said. “It’s also very easy to forget that one of the most
attractive elements of our concept for franchisees is not
just its exclusive nature, patented technology, diverse
location opportunities and delicious product, but the fact
that if a location doesn’t perform, it can easily be
moved - with our support - to another location. That's
something no brick and mortar competitor can claim.”
Reis & Irvy’s: Franchise Expansion
Highlights:
Since its debut, Reis & Irvy’s has grown to over 280
franchisees across the U.S. and represents over 1,400 pending robot
installations aggregating approximately $60 million, with
additional contract commitments for over 3,200 robots worth an
estimated $129 million ($189 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.
With $189 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. The robots
also accept cash, credit cards, Apple Pay and Google Wallet, and
the company is working on accepting cryptocurrencies such as
Bitcoin for payment in the near future.
Generation Next Franchise Brands, Inc. (OTCQB: VEND) is the
developer of the world's first fully-automated robotic frozen
dessert vending kiosk designed to disrupt brick-and-mortar
competitors. Reis & Irvy’s unattended robots eliminate the need
for costly rents and employees; significantly reduce food safety
concerns; and are capable of operating 24-hours a day.
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 consumers’
demand for immediate convenience, entertainment and a superior
quality product - be it in shopping malls, medical centers and any
other high-traffic area.
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 and Generation NEXT
Vending Robots.
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 Vending Robot 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 ShusterGeneration NEXT Franchise Brands, Inc.
Phone: (818) 744-1851
Email: darren@popculturepr.com