#42
At a Glance
Products & Services: Floral-like designs from sculpted fresh fruit
Number of Locations: 946
Total Investment: $148.21K - 285.22K
Founded: 1999
Began Franchising: 2000
Private Owned
About Edible Arrangements Int'l. Inc.
At age 17, Tariq Farid borrowed $5,000 from his parents to buy a flower shop in East Haven, Connecticut, and within two years, he was running four flourishing stores. But after seven years as a florist, he came up with a new idea--bouquets you can eat. He and his brother Kamran opened their first Edible Arrangements store in 1999, creating, selling and delivering bouquets of fresh fruit sculpted to look like flowers.Edible Arrangements began franchising in 2001. In addition to the company's signature arrangements, the product line has expanded to include chocolate-dipped fruit, fruit salads, fruit sundaes, beverages and other "grab and go" products.
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 863 | 57 | 24 | 2 |
| 2010 | 804 | 52 | 15 | 4 |
| 2009 | 745 | 36 | 6 | 3 |
| 2008 | 753 | 36 | 6 | 3 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $148,208 - $285,218
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $60,000
Operations
48% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6 - 7. Absentee ownership of franchise is NOT allowed..| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: 1 week. Web-based training & computer-based video learning prior to opening
Ongoing Support: Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,