One Step Vending Corp. is a holding company utilizing an acquisition-based strategy and cooperative agreements with established businesses to promote sustainable growth and rapid increases in market share. Following the acquisition of a controlling interest in Corporate Refreshment Services (CRS) earlier this year, the company is currently focused on becoming a leader in the micro market industry, with key business sectors including food and refreshment services, self-checkout systems and mobile vending.
“CRS has a solid track record of profitability and a sophisticated sales and marketing know-how regarding small and medium businesses,” Brian Duke, president of One Step, stated in a news release. “We expect that this combination will help both companies to grow and we look forward to working with their team and providing them with the broad resources and capabilities that we have to offer.”
Through its micro market platforms, One Step, through CRS, provides unstaffed, self-checkout food store solutions that integrate seamlessly into office spaces. The company’s machines provide a healthier alternative to traditional vending machines by offering fresh snack and meal options that have been shown to improve employee health and promote increased productivity. By accepting a collection of payment methods and utilizing web-based reporting and monitoring systems, One Step is able to maximize its returns from each installed micro market unit.
The potential marketability of One Step’s healthy approach to vending machines is immense. According to a study by Automatic Merchandiser, micro markets represent the fastest growing segment in the vending industry, and this success can be at least partially attributed to the continued shift in consumer preference toward healthier snacking options. In a 2013 study by Hartman Group, approximately 57 percent of Americans rated healthy snack options as important, further demonstrating the significant upside of micro market technology.
According to industry data, micro markets attract about 18 percent more visits than traditional vending machines, and as many as 72 percent of resulting purchases are made with cashless payment methods. Look for One Step to capitalize on these statistics by leveraging its interest in CRS, effectively promoting sustainable growth in the months to come. For prospective shareholders, the company’s commitment to its acquisition-based growth strategy, as well as its established presence in the fastest growing segment in the vending industry, should provide a platform for considerable market growth moving forward.
For more information, visit www.onestepvend.com
