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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$187K - $310K
Units as of 2014
29 Decrease

Company Overview

Mike and Janet Johnston opened the first Savory Spice Shop in Denver, Colorado, in 2004. In 2009, they began franchising. Savory Spice Shop stores offer herbs, spices, seasonings, sauces and other specialty food items. The company manufactures over 160 original-recipe spice blends.

About Savory Spice Shop

Industry Food
Related Categories Miscellaneous Food/Beverage Businesses, Food: Retail Sales, Miscellaneous Retail Businesses
Founded 2004
Leadership Mike Johnston, CEO
Corporate Address 1805 E. 58th Ave., #C
Denver, CO 80216

Business Overview

Franchising Since 2009 (15 years)
# of employees at HQ 14
Where seeking

This company is offering new franchises in the following US states:

# of Units 29 (as of 2014)

Information for Franchisees

Here's what you need to know if you're interested in opening a Savory Spice Shop franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$27,500 - $35,000
Initial Investment Information Circle
$187,386 - $309,653
Net Worth Requirement Information Circle
$400,000
Cash Requirement Information Circle
$100,000
Veteran Incentives Information Circle
25% off franchise fee
Royalty Fee Information Circle
4-6%
Ad Royalty Fee Information Circle
1.5%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Savory Spice Shop has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 7 days
Classroom Training 4 weeks
Ongoing Support
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Co-op Advertising
Ad Templates

Operations

Additional details about running this franchise.

Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 3
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Savory Spice Shop landed on this year's Franchise 500 Ranking versus previous years.

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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022