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Generation Next announces investment fund to support kiosk franchisees

January 16, 2019

Generation Next Franchise Brands, Inc., which provides Reis and Irvy's frozen yogurt and ice cream kiosks, has launched an investment vehicle for its network of current and future robotic soft serve vending kiosk owners, according to a press release.

19 Degrees Corporate Service, LLC will initially launch with 48 secured locations strategically placed throughout the country. Each robotic vending kiosk contributing to the fund as a single unit will receive their pro rata share of profits on a quarterly basis.

For kiosk owners, the fund will provide a more even distribution of revenue (i.e. a smaller piece of a bigger pie with lower risk), according to the company. Each kiosk will be one of many, thereby leveling out revenue fluctuations, variability in location performance, and seasonality concerns.