Fresh Healthy Vending International, Inc. Books 88 Franchised Units for $832,850 in Anticipated Future Revenue
In Addition to 115 New Franchisee Locations Secured in February
Entrepreneur Magazine's 2015 Number One Ranked Vending Franchise Continues Building Its Footprint as the Nation's Market Leader in Healthy Vending
SAN DIEGO - March 5, 2015 // PRNewswire // - (OTCQB: VEND) Fresh Healthy Vending announces 115 new locations that will feature its healthy vending machines and micro markets nationwide. Moreover, the healthy vending category leader booked 88 franchised units, including its largest micro market franchise sale consisting of 22 units.
Furthermore, the Company was awarded a 1.5 year contract with Minnesota's largest school district. The Anoka-Hennepin district serves approximately 38,000 students in more than 35 schools and will be receiving a Fresh grant.
According to Hawaii Franchisee Adam Marumoto: "I really believe that I have made the right decision to invest in a great business...The concept of healthy vending is groundbreaking! With the quality of service, the technology of our equipment as well as our [expansive] product selection and [affordable] price points, I believe healthy vending is turning the corner and that the tide has changed for the better."
Marumoto echoes his appreciation for the location procurement efforts with Fresh Healthy Vending securing 23 of his 27 locations in two months: "I feel fortunate to have a professional sales force in my corner that is following up regularly with contacts and trying to procure quality locations. This is one of the main features of this franchise concept that I was attracted to."
The Company was recently showcased on KUSI's highly touted "Good Morning San Diego" program where reporter Brad Perry interviewed Founder Nick Yates about the Fresh Micro Market. Fresh Healthy Vending's corporate operation now has 27 micro markets installed in San Diego County and aims to have 40 on the ground by the end of March. The three segments of interviews with Yates can be viewed here: https://vimeo.com/120643921.
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 over 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.
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 Forms 10-Q for the quarterly periods ended December 31, 2014, 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 International, Inc.