Edible Arrangements has continued its international expansion with the signing of a Master Franchise agreement with Raed Al-Mustafa for the development of six stores in Jordan.
Edible Arrangements is a USA-based company, which sells hand-sculpted, fresh fruit arrangements and is currently operating in 12 countries. Tariq Farid, CEO and founder of Edible Arrangements, said: “We are delighted to be expanding our international presence to Jordan and welcome Raed into our system. We now have 17 international stores open and our growth to new cities around the world would not be possible without our Master Franchise Owners. We’re confident that Raed will be a great ambassador for our brand and wish him the best of luck as he grows his enterprise.”
As well as the Jordan Master Franchise agreement, Edible Arrangements has recently opened its first location in Istanbul, Turkey, marking its ninth international opening this year. Stores have also recently opened in Kuwait, Bahrain, Saudi Arabia and in Rome, Italy.
Edible Arrangements is still seeking Master Franchise Owners to continue its international expansion. Individuals seeking to own and operate an individual Edible Arrangements franchise should have a minimum liquidity of $60,000 and the ability to invest approximately $147,000 - $261,000. Multi-unit store development plans and financing options are also available for qualified applicants.
Published: 12 November 2010
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