Entrepreneur Magazine Ranks Fresh Healthy Vending Among List of Fastest-Growing Companies
SAN DIEGO - January 30, 2014 - (BUSINESS WIRE) - Fresh Healthy Vending International, Inc. (OTC Markets: VEND), North America's leading healthy vending franchisor, today announced that the February 2014 issue of Entrepreneur Magazine has ranked Fresh Healthy Vending as tied for 67th among fastest growing companies in the U.S. and Canada, who are named in Entrepreneur's 2014 Franchise 500.
According to Entrepreneur Magazine, the companies on this year’s list are ranked based on growth in number of open and operating U.S. and Canadian units from July 31, 2012 – July 31, 2013, with any ties listed alphabetically.
"Being ranked by Entrepreneur Magazine in the fastest-growing companies category, alongside other leading entrepreneurial companies doing significant franchise business throughout North America, is a testament to our committed, strong business model and the rapidly expanding trend of healthy vending," said Alex Kennedy, CEO of Fresh Healthy Vending. "We attribute this ranking to our steadfast dedication to ensuring that each franchisee is equipped, educated and supported with the resources needed to build a successful and sustainable franchise."
The distinction comes as Fresh Healthy Vending, earlier this month, reported that December 2013 was the strongest sales month of the year. The company reported that it sold 80 machines and added five new franchisees as new government standards are being put in place to mandate healthy snacks in schools. To date, Fresh Healthy Vending boasts over 210 franchises sold throughout the United States, Canada, Puerto Rico and the Bahamas.
"With regular product innovation, the increasing expansion of our corporate owned operations division, and new federal healthy snacking laws being mandated for schools throughout the U.S., we are experiencing increased interest from current and new franchisees; we hope to be well within the top 50 fastest growing companies at this time next year," said Kennedy.
For more information on Fresh Healthy Vending, the Franchise Program, or to receive a free healthy vending machine in your school or business, visit www.freshvending.com or call toll free 888-902-7558.
About Fresh Healthy Vending
Fresh Healthy Vending, based in San Diego, California, is North America’s leading healthy vending franchisor. Fresh Healthy Vending pioneered the concept of vending machines stocked with tried-and-tested fresh, healthy snack options and capitalizes on a growing market of health conscious consumers. The company has sold more than 210 franchises throughout the United States, Canada, Puerto Rico and the Bahamas and is looking to partner with like-minded entrepreneurs who share its vision.
The company offers three different machines: The Healthy Vending Combo snack and drink machine, Healthy Vending Café that brews gourmet hot beverages in less than 40 seconds, and the brand new Healthy Vending Touch—the only 46" 3D interactive touch screen vending machine.
The company has more than 2,300 machines installed in schools, universities, hospitals, community centers, military bases, airports, fitness facilities, YMCAs, libraries and many other types of locations.
Fresh Healthy Vending believes that it is currently the only vending company providing a comprehensive integrated business model that:
- Has an integrative focus on securing qualified locations for vending machine placement on behalf of franchisees
- Has an in-house products department which creates specialized menus specific to each location
- Has a corporate owned machine division that serves as a “test-kitchen” to provide an independent revenue stream
- Provides franchisees with best practices obtained and enhanced by experience of directly operating machines and managing routes
- Delivers a one of a kind franchise coaching program to assist franchisees with developing their healthy vending business using the company’s Steps to Success Program
Fresh Healthy Vending’s stock is traded through the OTC Markets, Symbol: VEND.
For more information on Fresh Healthy Vending, the Franchise Program, or to receive a free healthy vending machine in your school or business, visit www.freshvending.com or call toll free 888-902-7558.
Cautionary Note on Forward-Looking Statements
Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events that are based on management's belief, as well as assumptions made by, and information currently available to, management. While the Company believes that expectations are based upon reasonable assumptions, there can be no assurances that goals, results and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. In addition to statements which explicitly describe risks and uncertainties, readers are urged to consider statements labeled with such terms as "believes," "belief," "expects," "intends," "feels," "anticipates," or "plans" to be uncertain and forward-looking. More detailed information on these and additional factors that could affect Fresh Healthy Vending's actual results are described in Fresh Healthy Vending's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K for the fiscal year ended June 30, 2013 and those referenced in its Form 10-Q filed for the quarterly period ended September 30, 2013. All forward-looking statements in this news release speak only as of the date of this news release and are based on Fresh Healthy Vending's current beliefs and expectations. Fresh Healthy Vending undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
Contact:
Jessica Windell
BAM Communications
C: 661-733-0815
Jessica@bamcommunications.biz
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