7 Start-up Success Stories

Tariq Farid, Edible Arrangements
Michael Lewis
7 of 7

Tariq Farid, founder of Edible Arrangements

COMPANY: Edible Arrangements
FOUNDER: Tariq Farid, 40
LOCATION: Wallingford, Connecticut
2008 REVENUE: $19.4 million
EMPLOYEES: 66
START-UP YEAR: 1999
START-UP COSTS: $100,000
BREAKEVEN: Within six months, on sales of $80,000
BIGEST EXPENSES: Travel and assisting franchisees with their store openings
QUALIFICATIONS: Experience in the floral and software industries
RED TAPE: Strict health department regulations and regional building permits