Edible Arrangements Recognized as a Top Franchise by Entrepreneur and Forbes
July 06, 2016 // Franchising.com // WALLINGFORD, Conn. - Things are getting sweeter for Edible Arrangements® -- the global leader in fresh fruit arrangements was recently named to Entrepreneur magazine’s Top Global Franchise List for 2016 and ranked as one of Forbes’ America’s best franchises to invest in.
“What a great honor it is to be named as a top franchise by both Entrepreneur and Forbes,” said Tariq Farid, founder and CEO of Edible Arrangements®. “This is a testament to the extremely hard work of our staff and franchisees who are committed to making great products for our customers every day. I am so thankful for all they do.”
Edible Arrangements® received its Entrepreneur ranking while competing with hundreds of brands, all ranked on the same set of qualifications. The continued progression of Edible Arrangements® franchises and the strength of the brand were key factors in landing on top. Top Global Franchise candidates must be seeking new franchises outside the United States, with a minimum of five open international locations. Edible Arrangements® 2016 Franchise 500 score was also factored into the rating. This includes objective, quantifiable criteria including franchise size, growth, financial strength, and stability. Scores were adjusted to give extra weight to franchise’s international size and growth as well.
Similarly, Edible Arrangements® earned a top spot from Forbes as one of the best franchises to invest in. Forbes notes that the top brands support franchisees with creative marketing, innovative products, and strong overall brands, something Edible Arrangements® is proud to offer to franchisees. Edible Arrangements® also stood out as a great franchise investment based on economy franchise opportunities, entry costs, five-year growth rates and five-year continuity rates, among other factors.
More information about Edible Arrangements® locations and franchise opportunities is available at edible.com.
About Edible Arrangements®
With more than 1,300 franchise locations open or under development worldwide, Edible Arrangements International, LLC is the world's largest franchisor of shops offering creatively designed fresh cut fruit arrangements. Edible Arrangements® locations also carry the company's rapidly expanding Edible To Go® line which features all-natural, fresh fruit smoothies, chocolate Dipped Fruit™, Froyo Fruit Blends™, fresh fruit salads, sundaes, parfaits, and treats. Since its founding in 1999 in East Haven, Conn., the company has been recognized as an industry leader, ranking first in its category in Entrepreneur magazine's annual "Franchise 500," Entrepreneur's Top 40 of "Fastest Growing Franchises" and "America's Top Global Franchises" as well as being included for eight consecutive years among the "Inc. 5000" list of the fastest growing privately-held companies. Edible Arrangements®’ fresh fruit arrangements, chocolate Dipped Fruit™, fresh fruit smoothies, and more can be enjoyed at franchise locations worldwide. Gifts can be ordered online at edible.com and by telephone at 1-877-DO-FRUIT®.
SOURCE Edible Arrangements
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