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
WEBSITEThe 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%