QUICK LINKS: Videos  |  Micromarkets |

Redemption Report




Buy a Classified Ad


Editorial Calendars


Circulation Data






Date Book


Bookmark this site

Issue Date: Vol. 54, No. 6, June 2014, Posted On: 6/6/2014

Fresh Healthy Vending Taps Master Franchisee For Australia

Emily Jed
TAGS: vending, vending biz-op, Fresh Healthy Vending International Inc., vending machine franchise business, Nick Yates, Bobby Jewell, Civic Managed Services

SAN DIEGO, CA -- Fresh Healthy Vending International Inc. said it has signed a letter of intent with a proposed master franchisee partner in Australia, the native land of FHV founder Nick Yates. The soon-to-be Down Under master FHV franchisee, Bobby Jewell, is a chef and author and has owned one of Sydney's oldest and most famous restaurants, Tharen's, established in 1979.

Under the proposal, Jewell would sell and develop a minimum of 150 sub-franchises, each having at least 10 units, in Australia over the next 10 years. He would retain Civic Managed Services to provide the vending enterprise with marketing, accounting, finance and management support. CMS would also provide IT support, franchise support, documentation and compliance, purchasing and procurement, along with warehousing and distribution.

FHV said it would receive a down payment of $25,000, an additional $225,000 within 60 days of executing the master franchisee agreement, and another $250,000 within 18 months of completing the deal. FHV would also receive franchise fees of $500 per unit sold, and 1% ongoing royalties of sub-franchisee sales.

FHV announced in February that it was expanding outside North America and had appointed master franchisors Global Franchise Partners and World Franchise Associates to seek out potential master franchise deals and replicate its business model in the U.S. | SEE STORY

Global Franchise Partners will reportedly work with Civic Managed Services to assist Jewel with the operational infrastructure, and aid in running the backend of the business.

Topic: Vending Features

  • Crane Co. Reports 2016 Q3 Results; Payment And Vending Sales Increase 9%
  • St. Petersburg, FL, Announces Vending Machine Policy Conforming To AHA Guidelines
  • Coca-Cola Amatil Tests Vending Machines Using Audio Technology As Authentication Mechanism
  • American Green Adds Commercial Facility For Aftermarket Pot Vending Machine Production Control
  • Crane Co. Declares Fourth-Quarter Dividend

Copyright © 2016 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570