The Multi-Use Premiere Venue, Which Sees Approximately 1.5 Million Visitors Annually, Will Host the Revolutionary Reis & Irvy’s Robotic Frozen Yogurt Vending Machines in Two Facilities
SAN DIEGO, CA, May 10, 2018 (GLOBE 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. (OTCB: 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.
Attachment