We’re reaching out to share an important update regarding the Vendshare machines under your franchisee licenses.
We’ve decided to either scrap or sell these machines based on a thorough review of our business strategy and market conditions. We want to emphasize that this communication is for your awareness, and no approval is being sought.
Considering the likely outcomes, any proceeds from this process are projected to be in the 3-4 figure range. Unfortunately, due to the costs associated with machine rental, it’s improbable that substantial funds will be available for distribution to franchisees.
Please note that our decision has no impact on the machine rental costs that we’ve covered on your behalf at the warehouse. This strategic move is aimed at the long-term benefit of the company.
Should you have any questions, please feel free to reach out. Your understanding is appreciated as we navigate through this transition.
Thank you for your attention.