Fresh Healthy Vending International, Inc. Secures 120 Locations on Behalf of its Franchise Network in September
Leading Franchisor continues securing its franchisees healthy vending locations in Schools, YMCA’s, and Health Care and Government facilities
SAN DIEGO - October 14, 2014 - (BUSINESS WIRE) - Fresh Healthy Vending International, Inc. (OTC Markets: VEND), North America’s leading healthy vending franchisor, announces 120 locations secured in September, for the intended placement of healthy snack machines across the country. Rounding the quarter ended September 30, 2014, the Company has entered into 310 location agreements on behalf of its franchise network, representing a milestone in the Company’s history.
"We are extremely pleased our restructuring efforts are starting to show positive results so soon. Our locations procurement team has done an outstanding job this quarter," stated newly appointed CEO, Art Budman. "Securing top shelf locations is a cornerstone to the success of our turnkey business model. With such a successful result securing locations this quarter, we expect to have a new wave of franchisees up and running shortly."
Once again, educational facilities made up the majority of September’s secured locations, as Fresh Healthy Vending supports the efforts of the USDA's Smart Snacks in School regulation that indicates that all foods sold a la carte, in the school store and vending machines will need to meet certain nutritional standards. Fresh Healthy Vending’s website platform, www.freshandhealthy.org, caters to the new USDA guidelines and supports locations looking to implement a healthy vending program.
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 185 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 provides a comprehensive integrated business model that:
1. Has an integrative focus on securing qualified locations for vending machine placement on behalf of franchisees;
2. Has an in-house products department which creates specialized menus specific to each location;
3. Has a corporate owned machine division to provide an independent revenue stream separate from franchise sales;
4. Provides franchisees with best practices obtained and enhanced by experience of directly operating machines and managing routes;
5. 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, and 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 International, Inc.’s and its subsidiaries actual results are described in the Company’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, 2014 and its Forms 10-Q filed for the quarterly periods ended March 31, 2014, December 31, 2013 and September 30, 2013, as well as our several current reports on Form 8-K. All forward-looking statements in this news release speak only as of the date of this news release and are based on the Company’s current beliefs and expectations. The Company 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