Today we’re doing an interview with Nick Yates, at Fresh Healthy Vending.
Fresh Healthy Vending, is a publicly traded company that focuses on providing healthy snack alternatives, through their state of the art vending machines. In lieu of unhealthy snacks, Fresh Healthy Vending provides an innovative way of getting access to healthy snacks, and drinks, both warm and cold.
Q:Hi Nick, tell us a little about yourself, and your role at Fresh Healthy Vending
A: Well, I was the pioneer of the healthy vending concept launching Healthy Vending Pty, Ltd Australia back in 2002. I brought the concept the US in 2006 and have since helped place over 4,500 healthy vending machines on the ground. I am the largest shareholder of Fresh Healthy Vending and the companies VP of Corporate Operations. My role is to build the corporate owned model throughout the US and beyond as well as helping Fresh Healthy Vending introduce the concept to other parts of the world.
Q: Nick, I think one of the concerns many business owners have, is, are your snacks and drinks cost prohibitive? It’s hard to compete with a $1 bag of chips!
A: Absolutely, our snacks range from $0.75 up to $3.00 so there is something for everyone. Business owners are now focusing on more then cost. Healthy snacks promote productivity from employees and a decrease in absenteeism which results in decreased insurance premiums for the business. It’s a win for everyone.
Q: What about the schools, and offices – will it really be profitable for them to sell your stuff, instead of the soda and chips they currently sell?
A:Yes of course, at Fresh Healthy Vending we offer all locations upfront cash incentives to inherit our program as well as generous monthly commissions. Again, while this is something schools and businesses do focus on the real focus is on providing people the choice. At the end of the day, the cost of obesity is the # 1 tax payer expense right now. When you weigh it all up healthy vending is saving lives and money.
Q: Nick, how many machines do you currently have in place? How many are you anticipating you’ll have at the end of 2013.
A: Fresh has placed over 2000 machines in just 3 years across 45 States of the US. We will have placed over 2300 by the end of 2013.
Q: What are your thoughts about the current rules in schools, pertaining to healthy snacks and drinks? Are they aggressive enough to create real change?
A:I believe they finally are. Believe it or not its usually one person who makes the decision regarding the kids diets at each school. Some are ignorant to our cause while most embrace it. As time goes by it become difficult for these individual to ignore the fact that Coke and Pepsi is killing the kids. Healthy Vending will eventually be in every school in America.
Q: Where do you see Fresh Healthy Vending, in 5 years from now? Has your machine been placed internationally? If so, what has been the response? I see Fresh Healthy Vending continuing to dominate the space. I see us operating tens of thousands of machines throughout the US with partners all over the world. I see our franchise network growing with us also and many of them becoming large scale operators just like the junk food guys have become in the past. I also see us focusing on other healthy snack concepts and technologies outside of vending. We have plans to begin handling our own product distribution / fulfillment also. This will allow us to continue offering the best selling healthy snacks at the lowest possible pricing to our customers.