Next Generation Vending & Food Service, Inc.

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Ranking #16

Next Generation was formed in 2007 by the acquisition of the assets of All Seasons Services, a major vending and manual foodservice management company that had run into financial difficulties and been seized by a creditor after defaulting on a major loan. The company has added to its business since then but remains primarily a vending concern. However, the 17% of its revenues that are derived from dining operations (about $20 million) are sufficient to qualify the company for the Top 50.

Like many companies, Next Generation is marketing healthy food choices, promoting its Vitalities brand, and introducing an all-organic and natural vending machine program through its GreenVend brand. It has also deployed remote monitoring technology in select vending markets with a plan to roll out company wide. Meanwhile, the manual dining end has focused on growing check averages and participation rates through an increase in marketing and promotions.

GENERAL INFORMATION

Headquaters
CANTON, MA

Websites
www.nextgenerationone.com

Major Segments Served:
B&I (87.1%), Government (6.5%), College/University (6.4%)

No. of Contracts
2010: 78 (dining only)
2009: 67 (dining only)

Sales Volume
2010: $120
2009: $100

Onsite Leaders

  • Innovators

  • Top 50

  • Best Concepts

  • Silver Plate

 

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