Generation Next Franchise Brands Inc. (fka VEND)

[Officiousintermeddle]

Hmmmm, Not sure what to think about that.

So that explains why they were reporting so many sales at that time of night. At that rate, I was curious to see what the sales were running when people were actually awake and in the venues with the kiosks. I was prepared to be impressed.

Correct me if I'm wrong here, but my recollection is that the 8 cups per day per kiosk rate was what they were experiencing a few months ago. If so, it looks as though the sales rate has not improved. That's not surprising to me (since I would expect early sales to be buoyed by the novelty of the machine), but I thought that the argument was that the sales would ramp up.

More to the point, if average sales per kiosk remain in the range of 8 per day, does that provide an acceptable return to the kiosk owner (not to mention break-even)? And is the expected rate even as high as 8 per day if you remove the high-performing outliers like the Houston Space Center?