10 Promising Franchises for 2011
Edible Arrangements, as its name implies, sells hand-sculpted fresh-fruit arrangements. The company, which began franchising back in 2001, has grown remarkably well over the last 10 years. In fact, it recently signed its 1,000th new store franchise agreement. In 2010, Edible Arrangements opened 84 stores in the U.S., and plans to open several more stores—from Massachusetts to Mumbai—in the next several months. "We started franchising in 2001 and the continuous growth of Edible Arrangements has been very exciting," said founder and CEO Tariq Farid, in a statement. "Our proven franchise system, healthful high-quality products, and our franchisees are the keys to our success."