Question 1

How does Ace Hardware compare to The Spice & Tea Exchange in cost?

Accepted Answer

Ace Hardware requires a minimum investment of $604K compared to $299K for The Spice & Tea Exchange. Ace Hardware's franchise fee is $5K while The Spice & Tea Exchange's is $39K.

Question 2

Which franchise has more locations, Ace Hardware or The Spice & Tea Exchange?

Accepted Answer

Ace Hardware has 5,144 total units while The Spice & Tea Exchange has 94 total units.

Question 3

What are the FranchiseLens scores for Ace Hardware and The Spice & Tea Exchange?

Accepted Answer

Ace Hardware has a FranchiseLens score of 67/100 and The Spice & Tea Exchange scores 67/100. These scores reflect analysis of 100+ metrics from each franchise's FDD.

Investment Range	$604K – $2.0M	$299K – $532K
Franchise Fee	$5K	$39K
Royalty Rate	N/A	7.0%
Total Locations	5,144	94
FranchiseLens Score	67/100	67/100
Litigation (3yr)	3 cases	0 cases
Territory Type	None	Protected
Growth Trend	+2.7% CAGR (3yr)	+2.6% CAGR (3yr)

Investment Range	$604K – $2.0M	$299K – $532K
Franchise Fee	$5K	$39K
Royalty Rate	N/A	7.0%
Total Locations	5,144	94
FranchiseLens Score	67/100	67/100
Litigation (3yr)	3 cases	0 cases
Territory Type	None	Protected
Growth Trend	+2.7% CAGR (3yr)	+2.6% CAGR (3yr)

Ace Hardware

Ace Hardware

Ace Hardware vs The Spice & Tea Exchange

Ace Hardware vs The Spice & Tea Exchange