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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$187K - $310K
Units as of 2014
29

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
Founded
2004
Leadership
Mike Johnston, CEO

Franchising Overview

Franchising Since
2009 (13 years)
# of employees at HQ
14
Where seeking

This company is seeking new franchisees in the following US states:

# of Units
29 (as of 2014)

Franchisor Information

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

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
$27,500 - $35,000
Initial Investment
$187,386 - $309,653
Net Worth Requirement
$400,000
Cash Requirement
$100,000
Veteran Incentives
25% off franchise fee
Royalty Fee
4-6%
Ad Royalty Fee
1.5%
Term of Agreement
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?
No
Can this franchise be run part time?
No
# of employees required to run
3
Are exclusive territories available?
Yes
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Franchise 500 Ranking History

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021