Nick Yates
| Nick Yates | |
|---|---|
| Residence | San Diego, CA |
| Nationality | Australian |
| Occupation | Businessman |
| Known for | Vending Entrepreneur, Fresh Healthy Vending International Inc., Healthy vending franchise |
| Website |
www |
Nick Yates is an Australian entrepreneur, who created the world’s first healthy vending machine business.[1][2] He is known for introducing the first healthy vending franchise, Fresh Healthy Vending International Inc that trades publicly on OTC.BB.[3][4][5]
Business career
Yates was born in to a family of vending machine industry pioneers. Both his father and grandfather enjoyed long careers as vending machines industry entrepreneurs. During a visit to National Automated Vending Association (NAMA) Expo in 2002 Yates had the idea to put healthy products in to a vending machine for the first time. Healthy Vending Pty Ltd was soon launched in Sydney, Australia as the world’s first healthy vending company.[1] In 2005 Yates sold the business and moved to San Diego, CA to launch what was then the United States first and only Healthy Vending company..[7] In June 2010, Yates registered and launched Fresh Healthy Vending International a franchise company which got listed on OTC.BB as a publicly traded entity trading under the stock symbol VEND which has now footprints 3,000 units throughout the US, Canada, Puerto Rico and the Bahamas..
In 2011 Yates launched the http://www.FreshandHealthy.Org initiative to educate decision makers in education facilities, health care systems and corporate business to remove junk food vending machines and replace them with healthy vending machines. The website offers financial grants to these locations. As of 2015 the initiative has donated over $400,000 in grants.
References
- ↑ "How Nick Yates turned small business into Big Opportunity". The Courier (3). February 18, 2005.
- ↑ "About Fresh Healthy Vending (US) Attends World Franchise Conference in Dubai". 25 Nov 2013. Retrieved 20 February 2014.
- ↑ "Fresh Healthy Vending International, Inc. (VEND) -OTC BB". Yahoo.com. Retrieved 20 February 2014.
- ↑ "Healthy Vending launched first dedicated online portal by to offer only healthy snacks and drinks". The Age (1). 13 June 2004.
- ↑ Kate Taylor (September 26, 2013). "High-Tech Vending Machines That Serve Healthy Snacks See Rapid Growth Two franchises are seeing rapid growth by offering consumers convenient and nutritious snacks in high-tech vending machines". Nbcnews.com. Entrepreneur. Retrieved 20 February 2014.