Knoxville veteran wins franchise in nationwide contest

Knoxville veteran wins franchise in nationwide contest

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Andy Wallace won a $118,000 freestanding, automated IceBorn house vending franchise. (source: IceBorn) Andy Wallace won a $118,000 freestanding, automated IceBorn house vending franchise. (source: IceBorn)
Andy Wallace entered the nationwide contest for veterans with a two-minute video posted on YouTube. (source: IceBorn) Andy Wallace entered the nationwide contest for veterans with a two-minute video posted on YouTube. (source: IceBorn)
"Part of my business plan, upon opening my franchise, is to donate a portion of every dollar earned to charities that help veterans and their families," Andy Wallace said. "Part of my business plan, upon opening my franchise, is to donate a portion of every dollar earned to charities that help veterans and their families," Andy Wallace said.
"We as a company appreciate the sacrifices veterans have made," IceBorn CEO Pete Cotter said. "We as a company appreciate the sacrifices veterans have made," IceBorn CEO Pete Cotter said.

By JILL MCNEAL
6 News Anchor/Reporter

KNOXVILLE (WATE) - A local U.S. Army veteran is the winner of a nationwide contest. He's now the proud owner of his very own ice vending business valued at over $100,000.

Not able to afford college on his own, Knoxville native Andy Wallace got an ROTC scholarship to Carson Newman, then became a captain with the 82nd Airborne Division.

After an explosion damaged his hearing, Wallace left the military and opened his own financial planning business. When he learned about the IceBorn Franchise Giveaway for Veterans, he saw it as another way to serve.

"Part of my business plan, upon opening my franchise, is to donate a portion of every dollar earned to charities that help veterans and their families," Wallace said.

He entered the nationwide contest for veterans with a two-minute video posted on YouTube, got votes on Facebook, and was interviewed by the company.

The company announced Friday Wallace won the grand prize, a $118,000 freestanding, automated IceBorn house vending franchise.

"We as a company appreciate the sacrifices veterans have made. We also recognize that transitioning back to civilian life, they're looking for new opportunities and we think they have the characteristics to make them successful Ice House owners," said Iceborn CEO Pete Cotter.

After learning he was the contest winner, Wallace launched his own website.

"Giving folks that opportunity to send a card of appreciation to the veteran that they know is a way I want to say thank you to Knoxville and allow them to say thank you to veterans that are in their lives," he said.

Wallace hasn't decided yet where he'll put his new franchise. He's looking for a popular spot in either Knox, Blount or Sevier county. 

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