Edible Arrangements
Cherry Franchise Broker
Total investment:
$ 189,750
Franchise fee:
$ 30,000
Royalty fee:
5%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1999
Franchise since: 2000
Company owned units:
Franchise owned units: 1215
Total number of units:
Number of employees per unit: 6-7
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEEdible 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.
On-The-Job Training: 38 hours
Classroom Training: 84 hours
Additional Training: Web-based training & computer-based video learning prior to opening
Net-worth Requirement: $250,000
Liquid Cash Requirement: $80,000 Ad Royalty Fee: 5%
Cherry Franchise Broker
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