Edible Arrangements is a U.S.-based franchising business that specializes in fresh fruit arrangements, melding the concept of fruit baskets with designs inspired by the floral business. The company also sells a variety of specialty fruit gift items, such as gift boxes featuring premium chocolate dipped fruit, and fresh-fruit-to-go products.
The company was founded by Tariq Farid, who partnered with his brother Kamran Farid to open the first Edible Arrangements store in East Haven, Connecticut in 1999. As of 2012, the business had grown to more than 1,100 stores serving locations in the United States, Canada, Puerto Rico, the United Arab Emirates, Saudi Arabia, Kuwait, Qatar, Bahrain, Italy, Turkey, Hong Kong, Oman, India and China.
Edible Arrangements has the franchise fee of up to $30,000, with total initial investment range of $189,750 - $348,950.
Initial investments: $189,750 - $348,950
Net-worth Requirement: $250,000
Liquid Cash Requirement: $80,000
Initial Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: 5%
On-The-Job Training: 38 hours
Classroom Training: 84 hours
Additional Training: Web-based training & computer-based video learning prior to opening
Number of Employees Required to Run: 6 - 7
Edible Arrangements Franchise Info: https://global.ediblearrangements.com
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