Franchise: The Spice & Tea Exchange

Initial Investment
LOW:$190,450
HIGH: $291,650
Change in Units
+17.1% +7 UNITS (1 Year)
+37.1% +13 UNITS (3 Years)

Ongoing Support
Newsletter
Meetings
Grand Opening
Internet
Field Operations
Marketing Support
Ad Slicks

Training Onsite: 74-106 hours

Training at headquarters: 28-49 hours

Absentee Ownership Allowed

Number of employees required to run: 3 - 5

Founded

2008

Franchising Since

2008 (9 Years)

Corporate Address

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

CEO

Amy Freeman

Units (Locations)

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

Financial Requirements

Initial Investment

$190,450 - $291,650

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

Free Franchise Consultation
Fran Choice We've helped over 5,000 people find the right franchise. Get a FREE consultation and find out how you can be next.
Start Now
Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Franchise Articles

How the CEO of Smoothie King Went From Small-Business Owner to Wearing the Crown

Under his leadership, Smoothie King plans to open an additional 125 locations and bring its global storefront tally to 950 in 2017.

Modern Acupuncture Showing Signs of Huge Growth

Learn winning franchise leadership strategies from a business that's grown exponentially.

The Most Powerful Brands in Franchising

Here are the strongest brands in franchising for 2017, ranked.

The 5 Best Burger Franchises You Can Buy (and How Much They Cost)

How many burgers would you have to sell to make back your initial investment?

Titans of Franchising Reveal Their Secrets for Long-Term Success

Paradoxically, a stable business is one that constantly reinvents itself to meet changing customer needs.

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: August 16th, 2017

Reprints & Licensing
Update Your Listing
Submit New Listing
My Queue

Your Queue is empty

Click on the next to articles to add them to your Queue