Edible Arrangements Int'l. LLC

Edible Arrangements Int'l. LLC

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Promoted Opportunities

Edible Arrangements Int'l. LLC
#42

Initial Investment

LOW: $196,610
HIGH: $327,810

Change in Units

+3.9% +47 UNITS (1 Year)
+11.1% +125 UNITS (3 Years)

Company Profile

Founded

1999

Franchising Since

2000 (17 Years)

Corporate Address

95 Barnes Rd. Wallingford, CT 06492

CEO

Tariq Farid

About Edible Arrangements Int'l. LLC

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 opened the 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 fresh fruit arrangements, the product line has expanded to include chocolate-dipped fresh fruit, fruit salads, fruit sundaes, beverages and other "grab and go" products.

Financials

Financial Requirements

Initial Investment

$196,610 - $327,810

Net-worth Requirement

$250,000

Liquid Cash Requirement

$80,000

Ongoing Fees

Initial Franchise Fee

$30,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

2%

Financing Options

Edible Arrangements Int'l. LLC has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Veteran Incentives


$10,000 off first-store franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 2 weeks

Additional Training: Web-based training & computer-based video learning prior to opening

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks
National Media
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 6 - 7

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The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 24th, 2016

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