SAN DIEGO, CA--(NewMediaWire- Oct 6, 2015) - Fresh Healthy
Vending International, Inc. (OTCQB: VEND) finished the first quarter of fiscal 2016
with a total of 193 new franchised machines representing $1,934,750
in future anticipated revenue when installed and a total of 376 new
franchisee locations due for installation in the coming
months.
"Recent restructuring has allowed the company to find a way to
secure more qualified franchisee locations then ever before, which
results in us finding ways to recognize deferred revenue in a more
timely manner," says Fresh Healthy Vending's Chairman Nick Yates.
"This current quarter saw the most locations secured in the
company's history, which follows Q4, fiscal 2015 that saw the most
franchised units in our history. All in all, I am confident in the
company's ability to deliver on all fronts moving forward."
"There are so many ways to invest today," says new franchisee
Rick Haughey of Marietta, GA. "I chose Fresh Healthy Vending
because not only do I have the opportunity to make a great profit,
but I'll be able to give back to my community in a way that will
make me feel proud of what I do."
Some noteworthy locations secured in September and taking the
initiative to offer healthy snacks, drinks and fresh foods include
the Apple Store in Seattle, WA; the Chicago Sports Complex in
Chicago, IL; Philbrook Museum of Art in Tulsa, OK; Dover Air Force
Base in Pennsylvania; and the Boys & Girls Club of Nanakuli,
Hawaii.
"If it wasn't for Fresh Healthy Vending's expert Locations
team," says franchisee Barry Cunningham of Oklahoma, "I wouldn't
have been able to get up and running so quickly. Fresh secured 17
locations for my franchise in just 6 weeks! Naturally, being able
to realize sales from my machines immediately was one of the main
reasons I chose to invest in Fresh."
Fresh Healthy Vending hopes to capitalize on the first quarter's
results with an even stronger second quarter of fiscal
2016.
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
230 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 3,000 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 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.