SAN DIEGO, CA - (Marketwired - Jul 6, 2015) - Fresh Healthy Vending International, Inc. (OTCQB: VEND) finished June 2015 with $1,274,750 in franchise bookings, and the Company finished Q4, 2015 with a total of 279 franchised units -- the highest cumulative three-month total since the Company's inception.
The month was highlighted by the Company's single largest ever franchise sale, to Barry Taylor of Inman, South Carolina, who purchased 29 Fresh Micro Markets and 29 Fresh Healthy Vending machines, for a total of 58 units at a purchase price of $556,250. Along with the franchise sales, the Company secured 98 new franchisee and corporate locations for its Fresh Healthy Vending machines and Fresh Micro Markets nationwide. "We are extremely pleased with the franchisee bookings achieved this month and the quarter overall. We continue to attract socially responsible entrepreneurs who will represent the Fresh Healthy Vending brand well as we continue to grow our national footprint," said Nick Yates, Chairman and Founder.
Fresh Healthy Vending operates a number of corporate machines, too, and now has approximately 60 in operation, including 40 Fresh Micro Markets operating throughout San Diego, California where the Company is headquartered.
In mid June, the Company exhibited at the International Franchise Expo (IFE) in New York, showcasing their recently launched Fresh Micro Market and Fresh Healthy Vending machines to entrepreneurs from all over the world.
"If ever there was proof of validity in the concept of franchising fresh, healthy vending machines," says Yates, "I think this month shows it. In our fifth year of operations we're ending fiscal 2015 with the strongest quarter of bookings we've seen."
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 over 210 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.
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 March 31, 2015, 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