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Fresh Healthy Vending International, Inc. Secures Largest Monthly Total of Locations During 2014
4 hours 58 minutes ago - DJNF
Nearly half of the 115 July location contracts were in education and training facilities
SAN DIEGO--(BUSINESS WIRE)--August 05, 2014--
Fresh Healthy Vending International, Inc. (OTC Markets: VEND), North America's leading healthy vending franchisor, announces 115 locations secured in July, for the intended placement of 121 healthy snack machines across the country. This marks the largest monthly total during 2014.
During July 2014, the Company signed three new franchisees, booking 40 healthy snack machines. The July bookings represent approximately $421,250 in anticipated revenue.
Education and training facilities made up nearly 50 percent of July's secured locations, as Fresh Healthy Vending supports the efforts of the USDA's Smart Snacks in School standards, requiring schools to offer food items that meet certain requirements in relation to calories, sodium, fat and sugar.
"With June marking our highest monthly bookings since September 2012, we had a heavy focus in July on securing locations," said Alex Kennedy, CEO of Fresh Healthy Vending International, Inc. "We are very pleased with the secured locations in July, particularly with the number of school campus contracts. We believe that our locations team, matched with the informative freshandhealthy.org website and federal snack mandates now in effect, provide us with the tools we need to continue supporting our franchisees and expanding our location recruitments throughout the remainder of the year."
