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 | gennextbrands |
Nick Yates is an Australian vending entrepreneur and businessman who is currently 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][4] Nick Yates' Reis & Irvy's frozen yogurt vending machines accept cryptocurrency.[5]
Business history
In 2001, Yates was as a representative of Global Pre Paid, a prepaid phone card franchise.
On February 8, 2010, Mr. Yates formed a healthy vending machine franchise called Fresh Healthy Vending in San Diego, CA. Fresh Healthy Vending failed to disclose Mr. Yates's 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.[6] Fresh Healthy Vending declared bankruptcy on September 27, 2018.[7]
References
- ^ "Reis & Irvy's robotic frozen yogurt machine to be released in April". Digital Trends. 30 March 2018. Retrieved 3 April 2018.
- ^ "Fresh Healthy Vending International, Inc. (VEND) -OTC BB". Yahoo!. Retrieved 20 February 2014.
- ^ "Healthy Vending launched first dedicated online portal by to offer only healthy snacks and drinks". The Age. 1. 13 June 2004.
{{cite news}}: CS1 maint: location (link) - ^ Kate Taylor (26 September 2013). "High-Tech Vending Machines That Serve Healthy Snacks See Rapid Growth Two franchises are seeing rapid growth by offering consumers convenient and nutritious snacks in high-tech vending machines". NBC News. Entrepreneur. Retrieved 20 February 2014.
- ^ "The Crypto of Frozen Yogurt: Reis and Irvy's Bold Bet". www.blockchainbeach.com. Retrieved 3 April 2018.
- ^ "California Department of Business Oversight" (PDF).
{{cite web}}: CS1 maint: url-status (link) - ^ "California Assignment for the Benefit of Creditors".
{{cite web}}: CS1 maint: url-status (link)