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

The Spice & Tea Exchange
Spices, teas, related products

About
Founded

2008

Franchising Since

2008 (11 Years)

Corporate Address

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

CEO

Amy Freeman

Financial Requirements
Initial Investment

$183,650 - $369,250

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 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

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Ad Templates

National Media

Regional Advertising

Social media

Website development

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 #392 in the Franchise 500!
Cost
Initial Investment: Low - $183,650 High - $369,250
Units
+7.1%+4 UNITS (1 Year) +46.3%+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

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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: September 30th, 2019