Fresh Healthy Vending International, Inc. Secures 75 Locations For Franchise Network In August
SAN DIEGO--(BUSINESS WIRE)--Fresh Healthy Vending International, Inc. (OTC Markets: VEND), North America’s leading healthy vending franchisor, secured 75 locations in the month of August for the intended placement of 90 healthy snack machines for its nationwide franchise network.
"Month after month, we continue to demonstrate that Fresh Healthy Vending has the ability to identify and secure qualified locations around the country for our franchisees,” said Alex Kennedy, CEO of Fresh Healthy Vending. “With the majority of our August location contracts oriented towards youth venues, such as educational institutions, dance/gymnastics studios, public libraries and community centers, we’re seeing communities more attuned than ever on the benefits of following healthy diets and seeking out healthier choices. It’s exciting to see our footprint grow every month with added locations secured in new and existing regions.”
During August 2014 schools made up over 45 percent of the locations that can anticipate the installation of healthy vending machines.
“There has been a great deal of research and hard work done by the location procurement team assigned to us through the franchise program to secure locations for our new healthy vending franchise. Therefore, it has been an absolutely painless process on our end, and a relief to have this portion of the start-up process off our plate,” said Dick Newlin for Ohio Fresh Vending, one of the franchisees who benefited from Fresh’s results in August. “I am very pleased with the locations we have at this time and think they will help us to greatly build the Fresh Healthy Vending brand in our geographic area. Knowing that our success is their success, the Fresh Healthy Vending team has been a great support for us, thus far, and we think they'll be right there for us in the future, as well.”
Schools that have signed agreements with Fresh Healthy Vending for machines on their campuses include Leilehua High School in Haleiwa, Hawaii; Utopian Academy for the Arts in Winston, Ga.; Webster University in Orange County, Fla.; Indiana Bible College in Indianapolis; Hillside High School in Chapel Hill, N.C.; Colonie Central High School in Schenectady, N.Y.; Freedom Prep Middle School in Memphis, Tenn. and more.
For more information on Fresh Healthy Vending, the franchise program, or to receive a free healthy vending machine in your school or business, visitwww.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 whom 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:
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 through 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, visitwww.freshvending.com or call toll free
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.