Edible Arrangements Franchise Cost, Profit, Review and Agreement
Owning an Edible Arrangements Franchise
Edible Arrangements was established and commenced business in the year 2000 with its headquarters located at East Haven, Connecticut ,U.S.A. The core focus areas of business for Edible Arrangements includes the provision and sale of fresh fruits packaged in stylish bouquets, fresh fruit juices and smoothies, dipped fruits, fruit salads as well as other fruit related offerings.
Is edible arrangements a good franchise? In its 16 years of existence, Edible Fruits is growing into a global chain, with over 1,000 businesses and counting, operating under the Edible Arrangements logo and registered trademarks, worldwide.
Edible Arrangements offers franchise opportunities to individuals seeking to start a new location or to buy an existing business set-up will have to undergo a rigorous pre-selection, to ascertain suitability, drive and commitment to the founding ideals of Edible Arrangements.
Every applicant for the Edible Arrangements franchise will first of all make contact with the firm’s business organization team. This team is saddled with responsibility of entertaining questions and inquiries about the Edible Arrangements Franchise, history, structure and other related matters.
The candidate, at this stage, will have to complete an application that will disclose the applicant’s educational qualifications, work and/or business exposure, financials and availability of start-up funds, as well as the reason(s) why the applicant feels qualified to run and operate an Edible Arrangements Franchise business.
In addition, the applicant will be required to read and understand the Edible Arrangements franchise document, which is a compilation of all that is needed to successfully start an Edible Arrangements franchise business.
Franchise Opportunity: Offer of Franchise
Edible Arrangements, as the franchiser, will grant the successful applicant, termed the franchisee the right to run and operate a store location, using the logo and registered trademarks of the Edible Arrangements business, to offer fruits based products to the public, according to stipulated rules and regulations.
The areas of operation for the franchise will include shopping malls, car parks, shopping centers and other such places that will designated.
While it is expected that walk-in customers will be able to access the fruit-based products of an Edible Arrangements Franchise business, the franchisee will be expected to meet the orders of customers that will reside in areas away from the premises of operation.
Applicants for an Edible Arrangements Franchise business will be encouraged to seek additional financing from the Small Business Administration board, in order to shore up their operating capital. However, Edible Arrangements does not offer any form of financial assistance, direct or indirect, to the franchisee.
Edible Arrangement requires the franchisee and one regular manager (who could also be the owner) on the rudiments of running an Edible Arrangements franchise on a day-to-day basis.
Such training will cover aspects such as apprenticeship conditioning, stock taking, store arrangement, administrative functions, corporate branding as well as other aspects of study critical to the successful running of an Edible Arrangements franchise business.
The duration of training will range from two to six weeks, depending on the franchise owner’s and that of the manager’s business experience and acumen. The training will take place at the headquarters of Edible Arrangements and at the site of the franchisee’s business.
The franchise owner and manager will also be required to attend and complete further training programs and refresher courses, from time to time and as deemed necessary by management.
In addition, a representative of the franchisee will also be required to attend the annual convention of Edible Arrangement business.
Territories and Areas of Operation
Edible Arrangements, as the franchiser, will accord the franchisee a non-exclusive operational area that will span territory inhabiting at least 75,000 persons; such a demarcation will ne sign posted by countries, cities, streets or such demarcations as the franchiser deems appropriate.
Terms of Engagement and Renewal
The duration of engagement in running an Edible Arrangements franchise is pegged at 10 years. A franchisee, upon satisfactory compliance with the rules and regulations guiding the operation of the franchise, can acquire another Edible Arrangements franchise for another term of a decade.
The Franchisee of an Edible Arrangements franchise will undertake to faithfully and wholeheartedly pursue the founding ideals of the franchise and must, at all times, adhere to the stipulations guiding the running and operation of an Edible Arrangement Franchise.
In addition, the franchisee will observe all legal stipulations regarding labor engagement and tax remittances
How much does an edible arrangements franchise cost?
Initial Investment for a Traditional Retail shop: 192,695 - 326,445 USD.
Initial Investment for an Edible Arrangement to-meet customer location: 168,095 - 261,395 USD.
What is the franchise fee for edible arrangements?
These franchise costs are inclusive of signage costs, printing and graphic works, opening stock, property development as well as equipment and machinery.