San Diego, Calif. – (December 22, 2014) – Fresh Healthy Vending International, Inc. (OTC Markets: VEND), North America's leading healthy vending franchisor, has been named the top vending franchisor to Entrepreneur Magazine's 2015 Franchise 500® list. Ranking at number 357, Fresh Healthy Vending is the highest-performing vending franchisor to make the prestigious list.
The magazine's 36th Annual Franchise 500 ranking reveals the impact of the newest trends, most successful franchise concepts and the industries poised for growth, in the U.S. The Company maintains more franchises and corporate-owned units than any other healthy or traditional vending company on the list.
"Fresh Healthy Vending continues to grow due to several factors – a robust franchise network, strong business model, extensive franchise support and diligent management team," said Nick Yates, founder of Fresh Healthy Vending. "We believe we not only offer the most comprehensive franchise model, but we will become our own biggest franchisee, with the implementation of our corporate-owned operations. Rather than solely providing tools for franchisees to be successful, we're on the ground experiencing all aspects of the business alongside them."
Fresh Healthy Vending's growth can also be attributed to its ongoing innovation and consistent offering of new tools and products. The brand recently introduced a breakthrough, industry-leading mobile app that allows operators to accept payments and distribute custom news, rewards and product information to any smartphone user, on Android™ or Apple iOS®.
For the ranking, all companies, regardless of size, are judged by the same criteria: objective, quantifiable measures of a franchise operation. The most important factors include financial strength and stability, growth rate and size of the system. Also considered is the number of years a company has been in business and the length of time it's been franchising, startup costs, litigation, percentage of terminations and whether the company provides financing.
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 195 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.
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 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.