SAN DIEGO — Reis & Irvy’s Inc., a subsidiary franchise concept of Generation NEXT Franchise Brands, Inc., announced its recently appointed Canadian licensees have secured a franchise agreement worth $5.2 million for the Calgary and Edmonton markets that will bring Reis & Irvy’s Inc.’s frozen-yogurt robotic-vending technology to those markets.
Local investor and entrepreneur Barry Ehlert will have exclusive rights to all Reis & Irvy’s locations throughout Edmonton and Calgary. As part of its obligations to Generation NEXT Franchise Brands, the Canadian licensees — Brett Beninger, Keegan Downer and Alex Statten, owners of Reis & Irvy’s Canada — must purchase a minimum of 500 total units during the five-year term.
“We selected Barry Ehlert for his ability to understand the ever-changing business world. He has a proven track record of success in multiple types of businesses and we are extremely pleased with this partnership,” says Beninger, Reis & Irvy’s Canadian master licensee and the president of Reis & Irvy’s Canada.
Launched in 2016, Reis & Irvy’s frozen-yogurt vending robot is capable of delivering frozen yogurt, ice cream, gelato, acai, frozen ice and custard with toppings within 60 seconds or less. Designed to disrupt brick-and-mortar frozen-yogurt concepts, Reis & Irvy’s is a self-contained retail store that can be placed in high-traffic locations such as amusement parks, hotels, movie studios, malls, airports, theatres and other attractions.
