Question 1

How much does it cost to open a The Spice & Tea Exchange franchise?

Accepted Answer

The total initial investment for a The Spice & Tea Exchange franchise ranges from $299K to $532K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the The Spice & Tea Exchange franchise fee?

Accepted Answer

The initial franchise fee for The Spice & Tea Exchange is $39K.

Question 3

What are the net worth requirements for a The Spice & Tea Exchange franchise?

Accepted Answer

Net worth requirements for The Spice & Tea Exchange are specified in the Franchise Disclosure Document.

Question 4

Does The Spice & Tea Exchange require a personal guarantee?

Accepted Answer

Yes, The Spice & Tea Exchange requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a The Spice & Tea Exchange franchise?

Accepted Answer

Equipment costs for a The Spice & Tea Exchange franchise range from $104K to $238K. Initial inventory costs range from $135K to $150K.