Fresh Healthy Vending International, Inc. Secures Largest Monthly Total of Locations During 2014
Nearly Half of the 115 July Location Contracts were in Education and Training Facilities
SAN DIEGO - August 05, 2014 - (BUSINESS WIRE) - Fresh Healthy Vending International, Inc. (OTC Markets: VEND), North America's leading healthy vending franchisor, announces 115 locations secured in July, for the intended placement of 121 healthy snack machines across the country. This marks the largest monthly total during 2014.
During July 2014, the Company signed three new franchisees, booking 40 healthy snack machines. The July bookings represent approximately $421,250 in anticipated revenue.
Education and training facilities made up nearly 50 percent of July's secured locations, as Fresh Healthy Vending supports the efforts of the USDA's Smart Snacks in School standards, requiring schools to offer food items that meet certain requirements in relation to calories, sodium, fat and sugar.
"With June marking our highest monthly bookings since September 2012, we had a heavy focus in July on securing locations," said Alex Kennedy, CEO of Fresh Healthy Vending International, Inc. "We are very pleased with the secured locations in July, particularly with the number of school campus contracts. We believe that our locations team, matched with the informative freshandhealthy.org website and federal snack mandates now in effect, provide us with the tools we need to continue supporting our franchisees and expanding our location recruitments throughout the remainder of the year."
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 more than 180 active franchisees throughout the United States, Canada, Puerto Rico and the Bahamas, and actively looks to partner with like-minded entrepreneurs whom 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 booked over 2,300 machines for placement in 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