Fresh Healthy Vending International, Inc. Secures 72 Location Contracts in May for its Franchise Network
SAN DIEGO - June 10, 2014 - (BUSINESS WIRE) - Fresh Healthy Vending International, Inc. (OTC Markets: VEND), North America’s leading healthy vending franchisor, announced 72 location contracts secured in May, which indicates the intent for future healthy vending machine installs for 33 franchisees in its network."Our locations department leveraged the recently updated freshandhealthy.org website to appeal to schools, corporations and community centers to secure locations for our franchisees last month," said Alex Kennedy, CEO of Fresh Healthy Vending International, Inc. "With the summer months approaching, now is the ideal time for us to lock-in location contracts and have machines installed by the start of the school year."
School campuses made up 33 of May’s 72 secured locations, as Fresh Healthy Vending continues to support the efforts of the USDA's Smart Snacks in School standards, requiring schools to sell food items that meet certain published requirements in relation to calories, sodium, fat and sugar. The Company recently launched its website platform www.freshandhealthy.org, which caters to the new USDA guidelines and supports locations looking to implement a healthy vending program.
School locations procured by Fresh Healthy Vending in May include, Radford High School in Honolulu, Hawaii, Waverly Middle School in Baltimore, Maryland, Cincinnati Country Day School in Ohio, Francisco Medrano Middle School in Dallas, Texas, Alpha Technical Institute in Dearborn, Michigan, Balch Springs Middle School in Dallas, Texas and Broward Community College in Davie, Florida.
Additional locations secured by Fresh Healthy Vending include the Children’s Museum of Wilmington in Wilmington, North Carolina, Mt. Sinai Medical Center in Miami, Florida, Moody Air Force Base in Valdosta, Georgia, U4ria Dance Studio in Coral Springs, Florida, Apple Store in San Francisco, California and Moultrie YMCA in Moultrie, Georgia.
As part of its franchise program, Fresh Healthy Vending’s locations department secures installations of its healthy snack machines and Fresh Micro Markets in locations nationwide, which are then owned and operated by franchisees.
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 appointed more than 230 franchisees throughout the United States, Canada, Puerto Rico and the Bahamas and actively looks to partner with like-minded entrepreneurs who share its vision.
The Company offers three different vending options: (i) the Healthy Vending Combo snack and drink machine, (ii) the Healthy Vending Touch - a 46" 3D interactive touch screen vending machine, and (iii) the Fresh Micro Market.
The Company has installed machines in more than 2,500 schools, universities, hospitals, community centers, military bases, airports, fitness facilities, YMCAs, libraries and many other 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 to provide an independent revenue stream separate from franchise sales;
- 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, terms and availability of financing, 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," "proposes," "proposed," 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 Forms 10-Q filed for the quarterly periods ended September 30, 2013, December 31, 2013 and March 31, 2014. 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.
Fresh Healthy Vending International, Inc.