Nicevend Frozen Drinks

NICEVEND Ltd.
Presenting the worlds first frozen beverages on-demand preparation method
Executive Summary
Nicevend aims to become a leading player in the world of frozen
drinks and has developed a new and revolutionary line of proprietary
systems and products for this market.
Our first machine, the quinzee, is capable of preparing an ongoing
frozen servings supply in various textures and tastes ( e.g. smoothies,
Frappuccinos, Slurpees etc. in flavours like latte, vanilla, iced tea,
natural fruits, sugarless, frozen soft drinks flavours, frozen yogurts,
protein shakes and more) all made immediately using our proprietary
line of instant powders and post mix syrups.
Our patented method prepares the desired drink after the
customers selection is made, in a fully automatic and operator-free
process of ~50 seconds, and can supply a different flavour each and
every time in continuous cycles.
Nicevend: company snapshot
Technology
A new automatic, proprietary,
patented method of preparing frozen
drinks, on-demand.
A new concept for continuous supply
of a large and unique variety of the
frozen drinks preparation ingredients
for the machines.
Products
quinzee - The worlds first fully
automatic frozen drinks vending
machine.
Flakes - a line of specialized fruits
and dairy ingredients for use in the
quinzee machines.
Capital investment
2008 - 2015 - A total of $9M was
invested in Nicevend by the company
founders followed by private investors
Current status
R&D and Standards certification
completed
OEM manufacturing agreement signed
with Flex ( NASDAQ: FLEX)
monitored and working
U.S operation & sales underway
U.S pilots with major players has
begun
R.O.I and customer satisfaction proved
Planned sales of 400 machines in 2016
Collaboration with multinational food
& beverage companies underway
Future plans
A counter-top quinzee version
development process is planned to
begin in 2016. Proof of concept is due
in the first half of 2017
Nicevend executive summary, Oct 2015 / Confidential
Financial Forecast
$60M revenues within 4 years
Operationally profitable in 2017
The market
The vending machines market accounts for generating
an astonishing percentage of total western household
expenses. In 2014, the U.S. vendible products revenues
totalled more than $41B, of which, 56% ($23B) are cold
beverages. The ice cream vended products totalled
2.1% ($929M). Over 1,000,000 automatic vending
machines are manufactured annually!
The quinzee is the only automatic frozen drinks
vending machine in the world, and is unique in its
ability to generate a phenomenal profit level for the
operator (much higher than for cans, snacks etc.)
Based on our thorough understanding of the vending
machines market, combined with operating
experience, market research and pilot tests, we can
clearly estimate our ability to sell thousands of quinzee
machines worldwide for the automatic vending
market. Subsequently, we plan to use our know-how
(and IP) and design the worlds first automatic countertop solution which will be offered to customers in the
food-service market (e.g. Starbucks, McDonalds,
Seven-Eleven etc.) and would be a first solution to an
existent, long-lasting operational problem.
FLAKES, our premium quality ingredients variety is sold
to quinzee machine operators. This line of post-mix
syrups offers a high quality frozen drinks variety which
would become the essence of quinzees vended drinks.
By using special B.I.B packages and proprietary RFID
technology which compels the machine to work
exclusively with Flakes syrups, Nicevend would
continue its revenue stream after the sale of the
machines and can enable other beverage companies to
offer their brands, securely as frozen drinks within the
quinzee installed-base.
orders of machines and Flakes ingredients from

Europe, South Africa, Australia and Israel are in line
with our estimates and forecasts for the quinzee.
To date, quinzee machines which have already been
sold / located are successfully operated and have
proven to be very profitable and reliable. We have
demonstrated that a frozen drinks vending machine
has a market demand, is very profitable and that our
concept works even in extreme conditions.
Intellectual property
The on-demand preparation method used within the
quinzee machine was developed, engineered and
tested solely by our staff. No other vending machine or
frozen beverage preparation mechanism uses our
method to produce drinks. During the evolution of our
machine, several patents were filed worldwide in order
to protect our intellectual property. Our U.S, Israeli,
Australian, Chines, Japanese, Mexican and European
patents have already been approved and we are
confident that other countries will follow and accept
our submissions soon.
Team
Nicevends
team
brings
extensive
market
understanding and experience. Our management staff
and board of directors consists of several very
experienced members from the food and beverage
industry, as well as interdisciplinary engineers, finance
experts and product designers.
Commercial Activities
Sales and production forecast
Nicevend plans to capitalize on these market

opportunities and has recently started its sales activity
in the U.S, with a local sales manager and Technical
team. The quinzee was first presented in two trade
shows this years and orders for this market was already
submitted and shipped. Currently, pilots are being
held in the U.S with tier-one customers in the Food
and Beverage market, Distributors and operators
which see the quinzee as a highly potential machine for
their use. These pilots/orders, followed by definite
To date, Nicevend has manufactured ~200 quinzee

machines and expects to reach sales of more than
4,000 machines in 2018 which is set to generate a
demand of approx. 1.5 million FLAKES liters/year.
Generally, the FLAKES sales increase exponentially
each year as more quinzee machines are placed and
operated.
Production and larger scale supply

Earlier this year, an agreement was signed with
Flextronics, a leading global assembly company for the
OEM supply of quinzee machines, first machines were
already supplied. Flextronics will use their world-wide
production centers to supply larger scale orders made
closer to the customers market, thus leaving Nicevend
to focus on the sales and marketing aspects and future
business development needs as well as on the next
generation development of a counter-top machine.
Revenue forecast (M$)

60
50
40
30
Flakes
20
quinzee
10
0
2014 2015 2016 2017 2018
Marketing activity
Nicevend has recently launched its U.S operational
activity and has already launched several pilots with
major food & beverage companies which are looking to
use their brands within the quinzee. We also look into
collaborating with leading brands of energy drinks,
protein shakes, ice creams, healthy fruit drinks and
other beverage segments thriving to initiate a larger
scale collaborations for 2016.
Future development
As numerous multi-national food & beverage
companies also show keen interest in a smaller scale
counter-top quinzee model, we plan to begin
developing such a model during H1 2016. A countertop model of this kind will offer an on-demand
preparation of frozen textured drinks in a smaller,
counter-top size for the food service and Ho.Re.Ca
markets and will be offered to companies like
McDonalds, Aramark, Seven Eleven, Starbucks etc. as
the first solution of its kind. A working proof of concept
is planned in the first half of 2017.
Financial forecast
Nicevend started its sales last year and expects to
generate revenues of $1M in 2015. The company plans
to reach revenues of $40M by 2018. Nicevend expects
to become EBITDA positive in 2017/18.
Investment round
Nicevend is looking to raise $10M during the first half
of 2016. Funds would be allocated to financing final
stage of mass production via Flextronics while boosting
business development, sales and marketing activities
in targeted markets.
We also plan to lunch the development of a smaller
sized counter-top quinzee version, for the Food-service
market.
For more information on Nicevend please contact:

Udi Klier +972.544.640064
[email protected]
www.nicevend.com

Nicevend Frozen Drinks

Uploaded by

Copyright:

Available Formats

Nicevend Frozen Drinks

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Nicevend Frozen Drinks

Uploaded by

Copyright:

Available Formats

NICEVEND Ltd.

Presenting the worlds first frozen beverages on-demand preparation method

Nicevend: company snapshot

Nicevend executive summary, Oct 2015 / Confidential

orders of machines and Flakes ingredients from

Sales and production forecast

Nicevend plans to capitalize on these market

To date, Nicevend has manufactured ~200 quinzee

Nicevend executive summary, Oct 2015 / Confidential

Production and larger scale supply

Revenue forecast (M$)

Nicevend executive summary, Oct 2015 / Confidential

For more information on Nicevend please contact:

You might also like