Fernhill's RK Super
Goes International.
Carlsbad, CA -- April
17, 2018 -- InvestorsHub NewsWire -- Fernhill Beverage,
Inc.
(OTC:
FHBC), is proud
to
announce that on
April
5th The
Company
completed
its
first
international distribution agreement.
After
months of negotiations, Fernhill Beverage has entered into an
agreement with one of the largest and most respected non-alcoholic
beverage distributors in Northern Mexico. The distributor of Soda,
Energy Drinks, Juices and Waters has agreed to add RK Super to its
sizeable portfolio of domestic and imported products. The
distributor currently services over 25,000 locations including
Grocery stores, Convenient stores, Fuel stations and many other
retail outlets.
Logistics of the
product being distributed and sold in Mexico are currently being
coordinated. The RK Super label is being redesigned to include
information in both English and Spanish. Due to the costly import
tariffs placed on products manufactured in The United States and
imported into Mexico, and due to the
necessity of a limited price point, having the product
manufactured in Mexico for the Mexican market is essential.
Fernhill Beverage is currently in negotiations
with 3 different bottling facilities. Due to the fact
that The Company's bottles, labels and caps are currently being
produced in Mexico, a relationship with a co-packer in Mexico is
logical. This arrangement is being aided by The Company's ongoing
relationships with The Company's current bottle supplier. Although
production for the Mexican market will be facilitated in Mexico,
this arrangement will not impact production for the
United
States and Canadian Markets.
Fernhill Beverage,
Inc. expects to deliver the first shipment of product to the
distributor in mid-June for a July launch. The initial distribution
will be concentrated in the Coastal areas of Baja Mexico where the
population is dense,
and the
residents are more affluent than average. Once RK Super is
distributed throughout Northern Mexico, the distribution company
will introduce the product in the mass market areas such as Mexico
City and Vera Cruz. Fernhill Beverage,
along with the Distributor will be collaborating on an 18-month
plan of action to best infiltrate the Mexican market.
Fernhill Beverage
expects initial revenue to be roughly $27,000.00
-
$30,000.00
per month
for approximately 3 months with revenues increasing rapidly from
there. The initial distribution necessary to complete the
fulfilment
channel
is expected to be 5,000 to 6,000 12-pack cases of RK Super
per
month. Once the distribution matures, Fernhill Beverage
expects volume to increase to
20,000 30,000 12-pack cases per month creating an average income of
$130,000.00 -$150,000.00 monthly. This would increase Fernhill
Beverage's annual revenues by approximately $1,500,000.00 to
$1,800,000.00 per year.
"This
is a welcome unexpected distribution channel. We are constantly
working to increase distribution channels and by definition,
increasing revenues. This opportunity presented itself due to our
established relationships in the industry. We would like to thank
our vendors and our partners for their help and guidance in this
matter." States Larry Twombly; Fernhill Beverage's
Chairman.
Fernhill Beverage,
Inc.
Contact:
info@fernhillbev.com
Web
Site: www.fernhillbev.com
Phone: (760)
613-8828
