Edible Arrangements was named one of America’s fastest-growing privately held businesses in America by Inc. Magazine and has been ranked first in its category by Entrepreneur Magazine’s Annual “Franchise 500” Ranking for the past seven consecutive years. In 2011, Edible Arrangements was ranked 9th on Forbes.com ‘Top Franchises for the Money” listing. In February of 2009, Tariq was named “Entrepreneur of the Year” by the International Franchise Association, whose members include more than 1,300 franchise systems, 11,000 franchisees and 500 suppliers. In June 2009 Tariq was awarded the Ernst & Young Entrepreneur of the Year 2009 Award in the Retail and Consumer Products category in Metro New York.
A new Edible Arrangements® store is coming soon to Johnson City, Tennessee! The new owners are Melissa and Nicholas . Melissa is a personal finance manager and Nicholas is a sales manager with a pharmaceutical company. Congratulations on signing on with Edible Arrangements and welcome to your next business venture!
(0)Father and daughter team Ignatius and Kimberly have recently signed an agreement to open their third Edible Arrangements store. This new location will be in Douglasville, Georgia. Franchisees since August of 2006, they currently own stores at 8651 Hiram-Acworth Hwy, Suite 119, in Dallas, Georgia (678-501-5540) and at 2312-C Hunters Woods, Village Center, in Reston, Virginia (703-476-2933).
(0)Local Economy Benefits As Facility Opens Serving Over 900 Retail Locations in the US and Canada –
WALLINGFORD, Conn., April 4, 2011 /PRNewswire/ — Edible Arrangements, the pioneer and leader in hand-sculpted, fresh-fruit arrangements, announced today the opening of a new west coast design and distribution center located at 14540 Innovation Drive in Riverside, California. The new facility belongs to BerryDirect, LLC which sources and manages the containers designed specifically for Edible Arrangements’ artistically designed fresh fruit products. Continue reading “Edible Arrangements Announces New Riverside, CA Design & Distribution Center”
(0)WALLINGFORD — Edible Arrangements, which specializes in “floral” arrangements made of fresh fruit, has signed its 1,000th franchise agreement, company officials announced.
The company said it is not yet known where the 1,000th franchise will open, but the agreement with its franchisor has been finalized.
“We started franchising in 2001 and the continuous growth of Edible Arrangements has been very exciting,” company founder and Chief Executive Officer Tariq Farid said in a statement. “We are thrilled to have met our goal of signing our 1,000th store before year’s end.”
The chain is coming off a successful 2010, he said, attributing the company’s strength to “our proven franchise system; healthful, high-quality products; and our franchisees.”
Last year, Edible Arrangements opened 84 U.S. stores, nine international ones and signed commitments for 123 new locations.
Store openings are planned over the next several months in San Francisco, Massachusetts, North Carolina and Utah. Also this quarter, locations will open in the United Arab Emirates, Qatar, India, Saudi Arabia, Turkey, Jordan and Italy.
“We look forward to evolving our brand and company further in 2011,” Farid said.
The chain now has more than 1000 open locations and serves consumers in 11 countries outside the United States and Puerto Rico.
Company officials are aiming to put additional deals in place to bring new franchises to Minnesota; Los Angeles; New York City; Washington, D.C., and Marin County in California.
In addition to adding more locations, the company is focusing its strategy partly on cultivating existing franchisees into multiple-location owners, according to co-founder and Chief Operating Officer Kamran Farid
The company’s website estimates the total initial cost of opening a franchise is between $152,980 and $299,257. That includes an initial $25,000 franchise fee paid to the company, as well as expenses such as rent, equipment, inventory, insurance and grand opening marketing.
As part of its growth strategy, Edible Arrangements last year introduced more “male-focused” items, company officials said, such as fruit arrangements featuring licensed Harley Davidson logos and NASCAR drivers and logos.
Edible Arrangements was founded in 1999 in East Haven by brothers Tariq and Kamran Farid.
(0)WALLINGFORD, CT — 08/03/10 — Edible Arrangements®, the pioneer and leader in hand-sculpted, fresh-fruit arrangements, has partnered with geoVue, a leading provider of site selection, market optimization and sales forecasting solutions for retailers and restaurants. Edible Arrangements® will use geoVue’s iPLAN software to determine the best markets and locations for future expansion of Edible Arrangements® stores.
“With geoVue’s advanced technology, we are better able to support our franchisees by providing them valuable information to aid in their new development decisions,” said Tariq Farid, Founder and CEO, Edible Arrangements®, Inc. “We are now better equipped to forecast what markets and trade areas to target in order to maximize the business opportunities for our franchisees. This new resource will assist in enabling us to reach our goal of 1,000 units by the end of 2010.”
As part of the company’s aggressive growth strategy, Edible Arrangements® is seeking to add several new development agreements in the Pacific Northwest, Midwest, and other areas of the United States, while expanding its presence to India, Brazil, Mexico, Spain and Canada.
“We are excited to partner with Edible Arrangements® to help aid in the company’s strategic growth plans, and we look forward to playing a part in their continued success,” said Jim Stone, President and Founder, geoVue. “The right easy-to-use analytical tools will assist them in effective future development decisions.”
Since its inception, Edible Arrangements® has earned countless accolades from the franchise industry, including its ranking as first in its category by Entrepreneur Magazine’s Annual “Franchise 500” Ranking for the past five consecutive years and the winner of the ICSC’s 2010 Hot Retailer Award. In addition, the company has also ranked for six consecutive years in Inc. Magazine’s top 5,000 fastest growing privately-held companies.
Individuals seeking to own and operate an individual Edible Arrangements® franchise should possess a minimum liquidity of $60,000 and the ability to invest approximately $147,000 -$261,000. Multi-unit store development plans, international master franchisee licenses and financing options are also available for qualified applicants. For more information for franchise opportunities call 888.727.4258.
About Edible Arrangements®
Edible Arrangements® International, Inc. is the leading purveyor of delicious, high quality, artistically designed, fresh fruit arrangements that are practical and healthy gifts. Founded in 1999 in East Haven, CT by Tariq Farid, Edible Arrangements® has over 965 locations operating or opening soon worldwide. Edible Arrangements® is rapidly expanding across the United States, Canada, Puerto Rico, the United Kingdom, Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Italy, Turkey and Hong Kong. Customers may order arrangements by telephone at 1-877-DO-FRUIT, at one of the company’s retail stores, or on-line at http://www.ediblearrangements.com.
All franchise offerings are made only by Franchise Disclosure Document.
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