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Fresh Healthy Vending Announces Milestone Sale of its 2,500th Vending Machine Resulting in Aggregate Sales Exceeding $25 Million Since January 2010
  • USA - English


News provided by

Fresh Healthy Vending International, Inc.

Nov 29, 2013, 06:00 ET

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San Diego, CA (PRWEB) November 29, 2013 -- Fresh Healthy Vending International, Inc. (OTC: VEND) announced the sale of its 2,500th vending machine, resulting in aggregate gross revenue of more than $25 million from January 2010 through Sept., 30, 2013. To date, the company has appointed 209 franchisees and has an international presence in Puerto Rico, the Bahamas and Canada.

In addition to its franchise operations, the company also owns and manages healthy vending machines in San Diego, Calif., Salt Lake City, Utah and Las Vegas, Nev.

With these recent legislative changes, Fresh Healthy Vending is well positioned to capitalize on the new nutritional standards that are being adopted in schools, municipalities, private hospitals and corporate environments.

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“We feel very proud to reach another noteworthy milestone in the expanding roll-out of our vision to dispense healthy snacks through vending machines placed by us nationally and internationally,” said Fresh Healthy Vending CEO Alex Kennedy. “It’s a testament to the strong demand for health food in vending machines that is supported by multiple local, state and federal government driven initiatives.”

One of the government initiatives includes the USDA’s “Smart Snacks in School” program that sets nutritional guidelines for food that is sold in school cafeterias and vending machines.

"Nothing is more important than the health and well-being of our children," said Agriculture Secretary Tom Vilsack in a press release. "Parents and schools work hard to give our youngsters the opportunity to grow up healthy and strong, and providing healthy options throughout school cafeterias, vending machines, and snack bars will support their great efforts."

“With these recent legislative changes, Fresh Healthy Vending is well positioned to capitalize on the new nutritional standards that are being adopted in schools, municipalities, private hospitals and corporate environments,” said Kennedy.

Leaders of government such as Mayor Rahm Emanuel of Chicago have recently introduced mandates banning the sale of junk food from vending machines in both government buildings and hospitals.

In November 2012, Mayor Emanuel announced new healthy vending machines to be located across all city departments. The mayor introduced an ordinance that transitions all of the vending machines in city buildings into healthy vending machines. “These new vending machines will make it easier than ever before for city employees and the public to make healthy lifestyle decisions,” said Mayor Emanuel in a press release. “When city employees take their wellness into their own hands, we can reduce health care costs and also serve as a model for the residents of Chicago when it comes to making healthy choices.”

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.

About Fresh Healthy Vending

Fresh Healthy Vending, based in San Diego, California, is a 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 appointed more than 205 franchisees throughout the United States, Canada, Puerto Rico and the Bahamas and is looking to partner with like-minded entrepreneurs who share its vision.

The company offers three different machines: The Healthy Vending Combo snack and drink machine, Healthy Vending Café that brews gourmet hot beverages in less than 40 seconds and the brand new Healthy Vending Touch-the only 46” 3D interactive touch screen vending machine.

The company has more than 2,300 machines installed in schools, universities, hospitals, community centers, military bases, airports, fitness facilities, YMCAs, libraries and many other types of locations.

Fresh Healthy Vending believes that it is currently the only vending company providing a comprehensive integrated business model that:
• Has an integrative focus on securing qualified locations for vending machine placement on behalf of franchisees
• Has an in-house products department which creates specialized menus specific to each location
• Has a corporate owned machine division that serves as a “test-kitchen” to provide an independent revenue stream
• Provides franchisees with best practices obtained and enhanced by experience of directly operating machines and managing routes
• 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, visit http://www.freshvending.com or call toll free 888-902-7558.

Forward-Looking Statement Notice

This press release includes “forward-looking statements” as defined by the U.S. Securities and Exchange Commission (SEC). All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the Company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the Company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company and may not materialize. Investors are cautioned that any such statements are not guarantees of future performance. The contents of this release should be considered in conjunction with the warnings, risk factors and cautionary statements contained in the Company’s recent filings with the SEC. Furthermore, the Company does not intend, and is not obligated, to update publicly any forward-looking statements, except as required by law.

Christine Takara, Fresh Healthy Vending International, Inc., http://www.freshvending.com, 8582104226, [email protected]

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