Total investment:

$ 200,550

Franchise fee:

$ 37,750

Royalty fee:

7%

Marketing fee:

$ 0

Number of franchises

Return

Time period

Revenue:

$ 12 000*

* Calculator calculations are provisional, not guaranteed

MAIN INFORMATION

Year founded: 2008

Franchise since: 2008

Company owned units:

Franchise owned units: 59

Total number of units:

Number of employees per unit: 3-5

Contract period: 60 month

FRANCHISE ONLINE

WEBSITE

The Spice & Tea Exchange offers traditional and exotic gourmet spices, cooking herbs and seasonings from around the globe, many unique accessories including mortars/pestles, spice racks, mills & grinders, tea accessories and more. The company was founded in 2005 and is based in St. Augustine, FL.
The Spice & Tea Exchange also provides franchise opportunities. As of 2018, the company operates 59 franchises in the United States.

On-The-Job Training: 74 – 106 hours
Classroom Training: 28 – 49 hours

Net-worth Requirement: $200,000
Liquid Cash Requirement: $60,000 Ad Royalty Fee: 1%


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