The Spice & Tea Exchange Franchise Opportunities
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.
How much does The Spice & Tea Exchange franchise cost?
The Spice & Tea Exchange has the franchise fee of up to $37,750, with total initial investment range of $200,550 to $356,150.
Initial Investment: $200,550 - $356,150
Net-worth Requirement: $200,000
Liquid Cash Requirement: $60,000
Ongoing Fees
Initial Franchise Fee: $37,750
Ongoing Royalty Fee: 7%
Ad Royalty Fee: 1%
Support Options
On-The-Job Training: 74 - 106 hours
Classroom Training: 28 - 49 hours
Number of Employees Required to Run: 3 - 5
The Spice & Tea Exchange Franchise Info: https://franchise.spiceandtea.com
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