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Promoted Opportunities

Initial Investment

LOW: $187,386
HIGH: $309,653

Change in Units

Company Profile

Founded

2004

Franchising Since

2009 (8 Years)

Corporate Address

1805 E. 58th Ave., #C Denver, CO 80216

CEO

Mike Johnston

About Savory Spice Shop

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.

Financials

Financial Requirements

Initial Investment

$187,386 - $309,653

Net-worth Requirement

$400,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$27,500 - $35,000

Ongoing Royalty Fee

4-6%

Ad Royalty Fee

1.5%

Financing Options

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

Veteran Incentives


25% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 7 days

Training at headquarters: 4 weeks

Ongoing Support
Meetings
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks

Number of employees required to run: 3

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: November 26th, 2014

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