Edible Arrangements creates bouquets of fresh fruit that is hand-sculpted into flowers and other shapes and can be dipped in chocolate.
Edible Arrangements was founded in 1999 when Tariq Farid partnered with his brother Kamran Farid to open the first Edible Arrangements store in East Haven, Connecticut. The brothers then designed the computer systems, training manuals, production and profitability tracking systems, and supply chain management process.
Upon completion, in 2001 they began to franchise their business. The first franchise opened in 2001 in Waltham, Massachusetts.
The company grew quickly, with its biggest growth year in 2009 when agreements were signed to open franchises in Texas, Massachusetts, Pennsylvania, and Virginia nationally and Italy, Hong Kong, and Turkey internationally.
In 2010, the company faced a lawsuit from some of their franchises, which stated that some corporate practices and policies were making their franchises less profitable. The lawsuit was eventually settled out of court in 2013. The details of the settlement were not revealed to the public.
Today there are 1,100 Edible Arrangements 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 had $600 million in revenue in 2019.
Edible Arrangements creates bouquets of fresh fruit that is hand-sculpted into flowers and other shapes and can be dipped in chocolate.
Edible Arrangements was founded in 1999 when Tariq Farid partnered with his brother Kamran Farid to open the first Edible Arrangements store in East Haven, Connecticut. The brothers then designed the computer systems, training manuals, production and profitability tracking systems, and supply chain management process.
History
Upon completion, in 2001 they began to franchise their business. The first franchise opened in 2001 in Waltham, Massachusetts.
The company grew quickly, with its biggest growth year in 2009 when agreements were signed to open franchises in Texas, Massachusetts, Pennsylvania, and Virginia nationally and Italy, Hong Kong, and Turkey internationally.
In 2010, the company faced a lawsuit from some of their franchises, which stated that some corporate practices and policies were making their franchises less profitable. The lawsuit was eventually settled out of court in 2013. The details of the settlement were not revealed to the public.
Today there are 1,100 Edible Arrangements 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 had $600 million in revenue in 2019.