San Diego Business Journal

Fresh Healthy Vending Grows Network of Franchisees

By Mike Allen Monday, June 9, 2014
Fresh Healthy Vending International Inc. has about 230 franchisees throughout the United States, Canada, Puerto Rico and the Bahamas.

Fresh Healthy Vending International Inc. has about 230 franchisees throughout the United States, Canada, Puerto Rico and the Bahamas.

Fresh Healthy Vending International Inc., a San Diego-based franchisor of vending machines filled with healthy snacks, added six franchises and 87 machines to its network in May, the company said.

The additional machines should generate an estimated $922,600 in revenue and increase its national footprint and ability to generate further recurring revenue from royalties, the company said.

Meanwhile, the company launched a new business line called Fresh Micro Market, an unstaffed, fully-automated, self-checkout retail market that can be customized by a business to meet its employees’ preferences.

Also, Fresh Healthy Vending said it signed a nonbinding letter of intent with a proposed master franchise partner for Australia.

Publicly traded Fresh Healthy (OTC: VEND) has about 230 franchisees throughout the United States, Canada, Puerto Rico and the Bahamas, the company said.