SAN DIEGO, CA - (Marketwired - Jan 15, 2015) - Fresh Healthy Vending International, Inc. (OTCQB: VEND), the leading healthy vending franchisor, has been named the number one vending franchise in "Entrepreneur Magazine's 2015 Franchise 500®" list. The company was ranked at number #357 overall on this year's list.
"Fresh Healthy Vending is proud to be awarded this honor, as it claims its position of number one in vending franchising for 2015," said Art Budman, CEO of Fresh Healthy Vending. "Our franchise network and healthy vending machine footprint continue to grow as our commitment to securing optimal locations and offering the most comprehensive level of support for our franchisees remains a top priority."
"Entrepreneur Magazine's" Annual Franchise 500 ranking reveals the most innovative concepts in franchising and the industry categories poised for growth. Fresh Healthy Vending can partially attribute this award to its recently introduced, and industry-first, mobile loyalty app for its Fresh micro market. The app allows micro market customers to pay for products using any Android™ or Apple iOS® smartphone and receive rewards-based incentives, in addition to news, receipts and product information.
"Fresh Healthy Vending is a unique franchisor, in that our corporate operations department acts a 'test kitchen' for the products and services we're selling to franchisees, providing them with the reassurance and confidence they want to have, when choosing the right vending franchise," continued Budman. "For the industry as a whole, we remain committed to innovation by bringing new, groundbreaking technologies to life, with products such as our new Fresh micro market."
The "Entrepreneur Magazine" ranking judges all companies on the same criteria. The most valued components include: a company's financial strength and stability, the rate at which it obtains growth, and the size of the system that it has developed and continues to maintain. Also considered in the voting process, are the number of years a company has been in business and the length of time it's been franchising, as well as start-up costs, litigation, percentage of terminations and whether the company provides financing. This criteria is essential in making the Franchise 500 list the go-to for prospective franchisees, looking for a new opportunity.
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.
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 200 active franchisees throughout the United States, Canada, Puerto Rico and the Bahamas, and continually looks to partner with like-minded entrepreneurs who share its vision.
The Company has booked over 2,500 machines for placement in schools, universities, hospitals, community centers, military bases, airports, fitness facilities, YMCAs, libraries and many other locations.
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 http://www.freshvending.com or call toll free 888 902-7558.
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 Form 10-Q for the quarterly period ended September 30, 2014 and its annual report on Form 10-K for the fiscal year ended June 30, 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.
SOURCE Fresh Healthy Vending