Fresh Healthy Vending International, Inc. Ranked in Top 20 Percent of Inc. 5000 Fastest-Growing Private U.S. Companies
Inc. Magazine's list of fastest-growing, private companies in U.S., now in its 33rd year, ranks Fresh Healthy Vending #894 in 2014
SAN DIEGO - August 21, 2014 - (BUSINESS WIRE) - Fresh Healthy Vending International, Inc. (OTC Markets: VEND), the leading healthy vending franchisor in North America, announced its ranking at #894 on Inc. Magazine's 5000 fastest-growing private companies in the U.S. for 2014. Published on August 20, 2014, the Inc. 5000 list, now in its 33rd year, measured Fresh Healthy Vending's growth over a 3-year period, from 2010 to 2013, just prior to the Company becoming public in July 2013.
"We feel honored to be ranked within the top 20 percent on the Inc. 5000 list this year. It is a wonderful testament to our timely and innovative business model," said Nick Yates, founder of Fresh Healthy Vending International, Inc. "We attribute this ranking to our dedicated, professional team who focuses on growing and supporting our expanding franchise network. We believe that this is our new and challenging ascension point as we continue to build our footprint by adding locations, penetrating untapped geographical markets and recruiting more personnel across the country to fresh, healthy snacks in all parts of their daily work, study and recreational routines."
In order to qualify for the Inc. 5000, a company must have generated revenue of at least $100,000 in 2010 and at least $2M in 2013. Fresh Healthy Vending is listed in the Food & Beverage category of the list, alongside other companies that have proven growth in both size and revenue over the last three years.
Fresh Healthy Vending's listing profile can be found at: http://www.inc.com/profile/fresh-healthy-vending-international.
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 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 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 on 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.
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