SAN DIEGO, CA -- Fresh Healthy Vending reported record growth in July and August as the market for healthy snacks and beverages continues to widen, and entrepreneurs seek to cash in on the opportunity by becoming FHV franchisees.
The vending franchisor, whose business model offers fresh juices, fruits and vegetables, yogurt, organic chips and granola bars through vending machines, also announced that it has begun its own vending operation in the San Diego area. Officials anticipate that the company will be in more than 35 locations by the end of September.
FHV said it added 15 franchisees that purchased 170 healthy vending machines during July and August. The healthy vending company's existing franchisees reportedly added 22 machines during July and August. FHV said it secured 224 new location contracts for them during the summer months, marking another milestone for the company.
"We see Whole Foods, Trader Joe's and Fresh & Easy stores popping up all over the country on a weekly basis, and our healthy vending machines offer essentially a smaller selection of what these retail stores offer," said Jolly Backer, chief executive of Fresh Healthy Vending.
Backer said the vending company, which markets business opportunities, has added a full-time vending operations manager to run its 85 franchisees in the U.S. and Canada. Its business model includes equipment, location procurement services and food and drink supplies. The company recently expanded its franchisee template with accounting, inventory management and technical procedures.
In January, the company said it had generated $3.8 million just four months after its start by selling franchises. At the time, it had sold 36 vending franchises that had machines in 331 locations nationwide, including 32 schools. Fresh Health Vending was established in 2010 and in that year purchased YoNaturals, another San Diego-based vending company with 1,700 locations.