SAN DIEGO, CA--(NewMediaWire - Feb 3, 2016) - Fresh
Healthy Vending International, Inc. (OTCQB: VEND) announced today its January 2016 results,
including 106 machine sales to eight new franchisees representing
$1,091,500 in deferred revenue. This marks the Company's best-ever
results for the month of January. A pending non-binding term sheet
to offer a new franchise concept was also unveiled.
"Starting out with such a successful January is a great
indication of what we believe is in store this year," said Chairman
Nick Yates. "We feel these initial results are proof of the genuine
need in the market, our unique concept and the payoff of lots of
hard work from everyone on our team. This is just the start we were
aiming for in 2016. We truly look forward to many months ahead
building on January's successes."
"Becoming a Fresh franchisee made complete sense to me," said
new Fresh Healthy Vending franchisee Dan Singh of Stafford, VA who
purchased 22 healthy vending combo machines. "I'm doing something I
really believe in: providing healthy snack alternatives to my
community while building a business that allows me flexibility and
financial freedom like never before. I'm very excited about the
opportunity and have been truly welcomed into the Fresh family with
tremendous business support to ensure my success."
Earlier this month the company made an announcement relating to
a non-binding term sheet for a new franchise concept with the
innovative Robofusion "Reis and Irvy's" robotic frozen yogurt cube.
The unmanned, highly visual "robot" dispenses frozen yogurt in nine
flavors with six possible toppings at a rate of up to 60 servings
of frozen yogurt per hour. A 3' x 4' ft kiosk on wheels, the
Reis & Irvy's Cube combines mobility with economy of scale,
optimizing profit margin per-square-foot and yielding potential
long term annuities wherever it's installed.
Fresh Healthy Vending aims to continue to add other franchise
opportunities to their portfolio as they anticipate a name-change
and a repositioning in the market to expand beyond their Fresh
Healthy Vending machines and micro markets.
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 to serve the growing
market of health-conscious consumers. The Company has over 240
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 2,900 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 Form 10-Q for the quarterly period ended September 30, 2015,
and its annual report on Form 10-K for the fiscal year ended June
30, 2015. 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.