Nick Yates is an entrepreneur for Sydney, Australia, and the founder of Generation NEXT Franchise Brands. Yates began his business career at Sydney’s University of Technology, where he double majored in Business Marketing and Advertising and Marketing.
As a graduate, Nick Yates spent some time working at Mojo Advertising, a Sydney-based advertising firm whose clients included Qantas Airlines and Toyota Motors. Yates’s job involved buying and negotiating various campaigns. At Mojo Advertising, Nick gained new insights into the business world and a new appreciation for company branding. But in 2002, he decided it was time to set out on his own.
Nick Yates serves as the Chairman of Generation NEXT Franchise Brands, a public company that is driven by revolutionary concepts: Reis and Irvy’s LLC and 19 Degrees, which has earned it fame and recognition. In this capacity, Nick has been at the helm of some of the most significant innovations in food vending.
Reis and Irvy’s LLC in particular has been at the forefront of waves and innovations, not just within the food industry, but also the tech industry in general. A large part of this innovation has to do with its groundbreaking invention, the “Froyo Kiosk.” This kiosk is the first fully automated frozen yogurt robot vending machine to ever hit the market. This unique creation was based off a simple fact that had held the industry back for years: frozen yogurt, as a food product that melts (and melts quite quickly), is by nature pretty messy. Because of this notable limitation, self-serve stations frequently resulted in spillage, waste, and overall high maintenance. The people behind Reis and Irvy’s LLC, Nick Yates included, decided that by providing a neater, more tech savvy, and entertaining alternative, they could help providers and consumers alike.
About Reis & Irvy’s: Customized. Delicious and revolutionary. The Reis & Irvy’s “FroYo Kiosk” is the first fully automated frozen yogurt robot vending machine to ever hit the market. This amazing kiosk serves up to nine incredible flavors and a choice of six delicious toppings in just 60 seconds or less. It’s a fully enclosed point-of-sale system that offers an interactive, robotic kiosk and incredible sensory experience. The anticipation begins as the robot goes through its fluid gyrations, creating delicious frozen treats and a visual performance for consumers of all ages. Imagine a creamy, delicious customized frozen yogurt created just the way you want it and served by an endearing robot.
Suddenly, your location is a hot spot for the coolest frozen treats around. Reis & Irvy’s is the exclusive franchise brand of Generation NEXT, the company behind the highly successful Fresh Healthy Vending LLC, which is the market’s leading healthy-choice vending machine franchise. Today Generation NEXT is poised for another hit as it prepares for its next Reis & Irvy’s robot rollout.
Generation NEXT licensed the Reis & Irvy’s trademark from Robofusion, Inc., in February of 2016. Then a few months later, this company agreed to sell all intellectual property and registered patents to Generation NEXT. Though still in its infancy, with the initial introduction of 11 Version 1.0 robots in operation, these machines are creating excitement, fun and customer engagement wherever they are placed. Since it’s launch in April of 2016, Generation NEXT has sold 750 robots from 175 franchisees for our newest patented vending robot. By fiscal 2018, the Company estimates the sale of 1,000 robots.
The company anticipates launching beta-phase production in November/December, followed by full-scale production in 2018 with an anticipated rollout of approximately 250 units per month. Soon the Reis & Irvy’s experience will change the landscape of the frozen yogurt world forever.
