Canadian Vending

Fresh Healthy Vending reports franchise sales for September

October 6, 2015
By Canadian Vending

San Diego, CA – Fresh Healthy Vending International finished the first quarter of fiscal 2016 with 193 new franchised machines representing $1,934,750 in future anticipated revenue when installed and 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,” said company chairman Nick Yates in a news release. “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.”

Some noteworthy locations secured in September include the Apple Store in Seattle, Wash., the Chicago Sports Complex in Chicago, Ill., Philbrook Museum of Art in Tulsa, Okla., Dover Air Force Base in Pennsylvania, and the Boys & Girls Club of Nanakuli, Hawaii.

The company has over 230 active franchisees throughout the United States, Canada, Puerto Rico and the Bahamas.