Fresh Healthy Vending

Last updated
Fresh Healthy Vending
Company type Vending machines; Franchising
Industry Vending
FounderNick Yates
Headquarters9605 Scranton Rd. #350
San Diego, California 92121
United States
Area served
US Nationwide Excluding CA
Products Vending Machine
Number of employees
15-20
Website Company Website

Fresh Healthy Vending is a vending machine company located in San Diego, California specializing in healthy alternatives to traditional vending machine snack foods and beverages. It was founded in June 2010. [1] The company's refrigerated [2] machines offer carrots, yogurt, smoothies, granola bars and beverages such as milk, juice and teas. [3]

Contents

The company states that it sells only organic, natural and healthy foods and drinks, and the branded vending machines appear largely in schools, hospitals, health clubs and community organizations. As of 2011, the company had more than 2,000 vending machines in place around the country; [4] about three-quarters of them are in schools. [5] The company operates under a franchise model.

Fresh Healthy Vending has been active in providing healthy vending products to schools, as encouraged by the Healthy, Hunger-Free Kids Act of 2010, [6] which placed a prohibition on high-calorie junk food in school vending machines. [7]

In 2010 Fresh Healthy Vending became a publicly traded company trading under the stock symbol VEND. Fresh Healthy Vending was nominated by both Entrepreneur and Inc magazine. [8]

In 2015 Fresh Healthy Vending changed its name to Generation Next Franchise Brands [9] and in the same year launched Reis and Irvy's Frozen Yogurt Robot Vending Franchise.

In 2019 launched a corporate owned fund to operate the frozen yogurt vending robots in 2019. [10]

In 2013, the California Corporations Commission filed action against Fresh Healthy Vending, Inc. found Fresh Healthy Vending to have "committed multiple violations of the California Franchise Investment Law." [11] The company is currently not permitted to market or sell franchises in California, and is limited to operating locations under its direct control and ownership.

In March 2016 the company was reported to the Securities Exchange commission for allegedly hiring spammers to distribute material promoting the company to large numbers of individuals in an effort to increase stock prices. [12]

Fresh Healthy Vending declared bankruptcy on September 27, 2018. [13]

Related Research Articles

<span class="mw-page-title-main">Soft drink</span> Sweetened non-alcoholic drink, often carbonated

A soft drink is any water-based flavored drink, usually but not necessarily carbonated, and typically including added sweetener. Flavors used can be natural or artificial. The sweetener may be a sugar, high-fructose corn syrup, fruit juice, a sugar substitute, or some combination of these. Soft drinks may also contain caffeine, colorings, preservatives and other ingredients.

<span class="mw-page-title-main">Vending machine</span> Machine which automatically dispenses products to customers after payment

A vending machine is an automated machine that dispenses items such as snacks, beverages, cigarettes, and lottery tickets to consumers after cash, a credit card, or other forms of payment are inserted into the machine or otherwise made. The first modern vending machines were developed in England in the early 1880s and dispensed postcards. Vending machines exist in many countries and, in more recent times, specialized vending machines that provide less common products compared to traditional vending machine items have been created.

The Icee Company is an American beverage company located in La Vergne, Tennessee, United States. Its flagship product is the Icee, which is a frozen carbonated beverage available in fruit and soda flavors. Icee also produces other frozen beverages and Italian ice pops under the Icee and Slush Puppie brands. ICEE Bear, an animated polar bear, is the company's mascot.

<span class="mw-page-title-main">PepsiCo</span> American multinational food and beverage corporation

PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc., PepsiCo has since expanded from its namesake product Pepsi Cola to an immensely diversified range of food and beverage brands. The largest and most recent acquisition was Pioneer Foods in 2020 for US$1.7 billion and prior to it was buying the Quaker Oats Company in 2001, which added the Gatorade brand to the Pepsi portfolio and Tropicana Products in 1998.

<span class="mw-page-title-main">Jamba Juice</span> American beverage chain

Jamba Juice, doing business as Jamba, is an American quick-service restaurant and juice bar chain that sells blended fruit and vegetable juices, smoothies and other food products. The first Jamba Juice location, originally named Juice Club, opened in 1990 in San Luis Obispo, California. Jamba is owned by Focus Brands, an affiliate of private equity firm Roark Capital Group, which completed its acquisition in 2019. The company has more than 850 locations operating in 36 states in the United States, and also has locations in Japan, the Philippines, Taiwan, South Korea, Thailand, and Indonesia.

CoolBrands International was a Canadian frozen food and dessert company based in Markham, Ontario.

<span class="mw-page-title-main">Center for Science in the Public Interest</span> American consumer advocacy group

The Center for Science in the Public Interest (CSPI) is a Washington, D.C.-based non-profit watchdog and consumer advocacy group that advocates for safer and healthier foods.

J&J Snack Foods Corporation (JJSFC) is an American manufacturer, marketer, and distributor of name brand snack foods and frozen beverages. Headquartered in Pennsauken, NJ, JJSF uses over 175 facilities for manufacturing, warehousing, and distributing located in 44 states, Mexico, and Canada. The company is listed on the NASDAQ Global Select Market as “JJSFC”, and serves both national and international markets.

<span class="mw-page-title-main">Müller (company)</span> German food company

Müller is a German company producing a variety of dairy products, with headquarters in Fischach in the German state of Bavaria. Aside from its German home market, Müller is also active on various markets around Europe and beyond. It is, for example, one of the best selling yogurt brands in the United Kingdom.

Mövenpick Ice Cream is a brand of ice cream of Swiss origin produced initially by Nestlé. Since 2016, Froneri - a joint venture between Nestlé and R&R Ice Cream - manufactures it.

<span class="mw-page-title-main">Flowers Foods</span> Bakeries of the United States

Flowers Foods, headquartered in Thomasville, Georgia, is a producer and marketer of packed bakery food. The company operates 47 bakeries producing bread, buns, rolls, snack cakes, pastries, and tortillas. Flowers Foods' products are sold regionally through a direct store delivery network that encompasses the East, South, Southwest, West, and the Northwest regions of the United States and are delivered nationwide to retailer's warehouses. It has made acquisitions of a number of bakeries and other food companies over the years, continuing through to the present day. As of February 2013, it had grown to be the "second-largest baking company in the United States".

<span class="mw-page-title-main">Yogen Früz</span>

Yogen Früz is a Canadian chain of frozen yogurt and smoothie stores that also serves healthy alternative food products. The chain is run through company-owned, franchised, and non-traditional partnerships. The chain operates worldwide and has been rated one of the top 500 franchises for over 20 years. The global headquarters is in Markham, Ontario in the Greater Toronto Area of Canada.

<span class="mw-page-title-main">Red Mango</span> American frozen yogurt and smoothie brand

Red Mango FC, LLC is an American frozen yogurt and smoothie brand known for its all-natural frozen yogurt, fresh fruit smoothies, yogurt parfaits, and fresh juices. There are now more than 50 locations in over 15 states in the United States and Puerto Rico, and one each in El Salvador and Qatar. In 2011, Red Mango was named the No. 1 Zagat Rated chain in America for smoothies and frozen yogurt.

<span class="mw-page-title-main">Magnolia (SMC brand)</span> Brand owned by San Miguel Corporation

Magnolia is a food and beverage brand owned by San Miguel Corporation (SMC) and used by its various subsidiaries. The brand was commercially established by SMC as an ice cream brand in 1925.

<span class="mw-page-title-main">Tutti Frutti Frozen Yogurt</span> American retail chain

Tutti Frutti Frozen Yogurt is an American retail chain of self-serve frozen yogurt. Tutti Frutti has over 100 outlets in California and other states in the US.

Advertisements in schools is a controversial issue that is debated in the United States. Naming rights of sports stadiums and fields, sponsorship of sports teams, placement of signage, vending machine product selection and placement, and free products that children can take home or keep at school are all prominent forms of advertisements in schools.

Nick Yates is an Australian vending entrepreneur and businessman who is currently living and doing business in the United States.

Sambazon, Inc. is a privately held American company based in San Clemente, California and founded in 2000. The company makes and sells açaí-based food and beverages. Its açaì-based smoothies, juices, and other Sambazon smoothies are sold in packages.

llaollao Spanish frozen yogurt franchise brand

llaollao is a Spanish frozen yogurt franchise brand founded in Denia in the province of Alicante, Spain. As of March 2016, llaollao is present in more than 180 establishments. Currently, llaollao is present in 25 countries on four continents including several countries in Europe and Latin America, Morocco, El Salvador, Australia, China, Russia, Cambodia, Malaysia, Singapore, Indonesia, Philippines, South Korea, Japan, United States and Brunei Darussalam.

References

  1. "Vending machines go bananas". Fox Business Report, posted at YouTube. April 20, 2011. Retrieved 8 June 2013.
  2. "Healthy Vending Comes to Washington DC". 9 News Now, WUSA, posted at YouTube. September 9, 2011. Retrieved 8 June 2013.
  3. "Healthiest vending machine foods". CBS News. March 3, 2011. Retrieved 8 June 2013.
  4. "Vending machines". The Early Show/CBS, posted on YouTube. March 8, 2011. Retrieved 8 June 2013.
  5. Leiber, Nick (January 31, 2011). "Selling healthy snacks in schools". Bloomberg Businessweek. Archived from the original on July 8, 2012. Retrieved 8 June 2013.
  6. "Healthy Hunger-Free Kids Act of 2010". U.S. Department of Agriculture. Archived from the original on 28 April 2014. Retrieved 8 June 2013.
  7. "New USDA rules would remove junk food from school vending machines". CBS News. February 1, 2013. Retrieved 8 June 2013.
  8. "Fresh Healthy Vending International, Inc. Tops List of Vending Franchises on Entrepreneur Magazines 2015 Franchise 500". finance.yahoo.com. Retrieved 2022-12-28.
  9. "Fresh Healthy Vending Plans Name Change Appoints Director For Frozen Yogurt Vending Franchise". www.vendingtimes.com. 2016-03-07. Retrieved 2022-12-28.
  10. "Generation Next Franchise Brands Announces Launch of Corporate Operated Robot Investment Fund". AP NEWS. 2022-01-19. Retrieved 2022-12-28.
  11. "Archived copy" (PDF). Archived from the original (PDF) on 2016-12-21. Retrieved 2017-09-03.{{cite web}}: CS1 maint: archived copy as title (link)
  12. "Deceptive Conduct Haunts Fresh Healthy Vending (OTCMKTS:VEND) | Seeking Alpha".
  13. "California Assignment for the Benefit of Creditors".