Company History
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Vendmax International Inc. was formed in November 1997 for the purpose of manufacturing and marketing gumball vending machines.
In its first year most of the activity was research and development related with the intent to develop a perfected vending system to be sold as a business opportunity to prospective buyers. Consequently sales were minimal.
However in1999 the pieces began falling into place and marketing strategies also provided results. A network was established throughout North America which consisted of:
A. Skilled reliable locators that are referred to you and that can find profitable locations for the Emperor Deluxe.
B. High profile charities to affiliate with for purposes of fund raising. These charities have provided the respectable image that the public appreciates.
The charities we work with are:
- In the USA: Child Search Inc.
- In Canada: Child Find in the following provinces:
Newfoundland, Labrador, Nova Scotia, Manitoba, Saskatchewan, Alberta and BC. CNIB in Ontario and Quebec.C. Good references throughout Canada and the USA from customers who are profiting from our vending system.
The final piece in this puzzle of success appeared min June 1999 when Concord Confections Ltd. sent Vendmax some Dubble Bubble Gumball samples. Concord Confections had just recently acquired the Dubble Bubble brand name, famous since 1928.
Concord Confections Ltd. Has since used the Dubble Bubble name to associate brand name recognition to all its products. They also made the original 1928 Dubble Bubble formula into a gumball so that for the first time the world could have access to this great product in the form of a gumball dispensed from a vending machine.
This tremendous opportunity was immediately realized by Mr. Tom Semeniuk, President & CEO of Vendmax International Inc., who sent an Emperor Deluxe to Concord Confections Ltd. For graphics. The staff at Concord loved our machine and used it for corporate promotions on the Rosie O'Donnell Show on June 8/99 and also subsequent magazine advertisements.
Vendmax and Concord now have a strong business relationship for their mutual benefit.
Vendmax's new website, www.vendmax.com, was launched in late 1997 and the results have been great, with daily email worldwide from interested customers.
Sales have increased in 2000 substantially and have exceeded the $1,000,000.00 range. Projected sales for the year 2001 will be from 3-5 million. To achieve 5 million in sales Vendmax would have to sell 1000 machines per month. We have the capacity to do this at present so we would not be burdening ourselves at this level.
Our latest product, the Emperor Deluxe, has been over a year in development and is now ready to ship. It is without a doubt the highest quality gumball/candy vending machine in the world.
The next product under development is the Rainy Day Vending Bank (a junior version of the Emperor Deluxe) that will stand only 10" high and will be a high end novelty vending bank that will be sold to both home and corporate markets.
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Last modified June 18, 2006