Healthy Vending Machines Are the Way of the Future
A new concept has come to the staid vending machine. Fresh Healthy Vending International, Inc. (VEND.PK) — operators and franchisee developers of the equipment that has become an icon in American life — is a company about the promise of health, vigor, and living well wrapped up in the convenience of vending that has always meant fast, greasy food grabbed on the run.
A change in management and a company refocus last summer is resulting in rapid growth. In June of this year, 1,775 machines were in operation. Now there are 2,300 machines and a 29.5 percent increase in five months. In October, 74 new locations by franchisees were added and 38 machines sold. In November, Fresh Healthy Vending International’s first partnership was formed with a current franchisee for 60 healthy vending machines placed in corporations in Florida. Another milestone was reached in November — the sale of its 2,500 machine, bringing revenues cumulative from January 2010 to its current fiscal quarter ended September 30, 2013 to over $25 million.
Fresh Healthy Vending International has vending offerings that are unique and fit in perfectly with trends of wellness and the fight against obesity, now deemed a disease by the American Medical Association. Beyond granola bars, VEND sells esoteric items like coconut water (known to boost electrolytes). Its function is a detox with extract of prickly pear containing amino acids that boosts the liver’s ability to clear impurities, also in Zola Acai Smoothies. Meeting USDA standards and beyond, machines even carry gluten-free and kosher goods in an industry-rocking 6,000 choices.