The Spice & Tea Exchange is a retail franchise specializing in spices, herbs, teas, and related products. The franchise requires a moderate initial investment of $298K-$532K with a hybrid royalty structure of 7% gross sales or $1,750 minimum monthly. The system shows healthy growth with 94 total units and low closure rates. Item 19 financial performance data reveals average gross sales of $542,747 for franchised units, with significant variation from $65K to over $2.6M. The franchise offers protected (but not exclusive) territories with a 1-mile radius. Training is comprehensive but relatively brief, and the contract includes standard but favorable renewal terms with 4 successive 5-year renewal options.
Generated from 2025 Franchise Disclosure Document
AI-generated from FDD analysis — use as a checklist with your attorney
Total startup costs, working capital, and financial requirements
Training, marketing support, technology, and operational assistance
Royalty, marketing, technology, and other ongoing fees
Revenue data, P&L estimates, and financial projections
Lawsuits, disputes, and legal risk assessment
Territory rights, term length, non-compete, and transfer rules
82 legal provisions scored on a franchisee-friendliness scale
Unit growth trends, exit rates, and system trajectory
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