QUICK LINKS: Vending Videos  |  Micromarkets  |

VT Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Operators Date Book

Search:      

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
Emily@vendingtimes.net
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

Articles:
  • ZenBox BitCoin ATM Serves 10,000 Daily Commuters At Anaheim Transportation Hub
  • Boston Red Sox Woos Fans With Social Media-Powered Vending Machine
  • Avanti Gathers 190 Operators For Micromarket Update And Idea Exchange
  • OneShow Registration Opens; 'ExPEERience' Is NAMA's 2015 Vending Show Theme
  • Papa Bello Enterprises Acquires Mini-Dollar Stores Vending Business

Copyright © 2014 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