The Spice & Tea Exchange
#279 Franchise 500| Spices, teas, related products

The Spice & Tea Exchange
Spices, teas, related products

About
Founded

2008

Franchising Since

2008 (10 Years)

Corporate Address

2708 Alt. 19 N., #500
Palm Harbor, FL 34683

CEO

Amy Freeman

Financial Requirements
Initial Investment

$200,550 - $356,150

Net-worth Requirement

$200,000

Liquid Cash Requirement

$60,000

Ongoing Fees
Initial Franchise Fee

$37,750 - $37,750

Ongoing Royalty Fee

7%

Ad Royalty Fee

1%

Financing Options

The Spice & Tea Exchange offers in-house financing to cover the following: franchise fee

The Spice & Tea Exchange has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, payroll

Veteran Incentives

25% off franchise fee

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Ad Templates

Social media

SEO

Email marketing

Loyalty program/app

On-The-Job Training:

74-106 hours

Classroom Training:

28-49 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

3 - 5

The Spice & Tea Exchange is ranked #279 in the Franchise 500!
Cost
Initial Investment: Low - $200,550 High - $356,150
Units
+16.7%+8 UNITS (1 Year) +51.4%+19 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

5 Steps of the New Model of Revenue Recognition for Franchisors

The new rules around revenue recognition are lengthy and complex. Here's what you need to know.

Here's How You Can Avoid Being a Victim of Franchise Fraud

It is important for prospective franchisees to take adequate steps to protect themselves to avoid being a victim of a fraud

The Top 5 Business Service Franchises From the Franchise 500

Open a franchise and help others with their businesses, too.

These Roommates Changed Their Lives for a Sandwich -- and Built a Franchise Empire

Ashley Morris and Jason Smylie have known each other since they were eight years old. Here's how they maintain a healthy work relationship today.

Want to Buy a Franchise? Here's Your Step By Step Guide

Franchising is one of the safest ways of becoming a business owner

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: October 11th, 2017
My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.