Nick Yates
 | A major contributor to this article appears to have a close connection with its subject. (February 2020) |
Nick Yates | |
|---|---|
| Nationality | Australian |
| Known for | Vending entrepreneur, Generation NEXT Franchise Brands |
| Website | Official website |
Nick Yates is an Australian vending entrepreneur and businessman who is currently[when?] living and doing business in the United States.
Yates was the chairman of Generation NEXT Franchise Brands, a San Diego-based franchisor whose franchises include Reis & Irvy's,[1] 19 Degrees Frozen Yogurt and Generation NEXT Vending Robots Inc.[2][3] Nick Yates' Reis & Irvy's frozen yogurt vending machines accept cryptocurrency.[4]
Business history
On February 8, 2010, Yates formed a vending machine franchise called Fresh Healthy Vending in San Diego Fresh Healthy Vending failed to disclose Yates' litigation and bankruptcy history in its franchise disclosure documents. As a result, the California Department of Business Oversight revoked Fresh Healthy Vending's ability to sell franchises in California and then ordered the company to offer rescissions to franchisees in that state.[5]
Yates left Generation Next in October 2019[6] and forfeited millions of options. The company subsequently filed for bankruptcy[7] on December 15, 2019.
References
- ^ Gia Liu (30 March 2018). "Reis & Irvy's robotic frozen yogurt machine to be released in April". Digital Trends. Retrieved 3 April 2018.
- ^ "Healthy Vending launched first dedicated online portal by to offer only healthy snacks and drinks". The Age. 13 June 2004.
- ^ Kate Taylor (26 September 2013). "High-Tech Vending Machines That Serve Healthy Snacks See Rapid Growth". NBC News. Entrepreneur. Retrieved 20 February 2014.
- ^ Michael Scott (26 March 2018). "The Crypto of Frozen Yogurt: Reis and Irvy's Bold Bet". Blockchain Beach. Retrieved 3 April 2018.
- ^ "The California Corporations Commissioner v. Fresh Healthy Vendig, LLC" (PDF). The Department of Financial Protection and Innovation. 18 March 2013. Archived from the original (PDF) on 20 January 2020. Retrieved 24 November 2022.
{{cite web}}:|archive-date=/|archive-url=timestamp mismatch; 2 January 2020 suggested (help) - ^ "Ryan Polk Named Chairman of the Board at Generation Next" (Press release). Generation Next Franchise Brands. 8 October 2019. Archived from the original on 3 June 2021. Retrieved 24 November 2022 – via GlobeNewsWire.
- ^ "Generation Next Franchise Brands, Inc". United States Securities and Exchange Commission. 17 December 2019. Retrieved 24 November 2022.