Question 1

How many The Spice & Tea Exchange franchise locations are there?

Accepted Answer

The Spice & Tea Exchange currently has 94 total units, including 93 franchised locations and 1 company-owned locations.

Question 2

Is the The Spice & Tea Exchange franchise system growing or shrinking?

Accepted Answer

The Spice & Tea Exchange has experienced positive net growth of +4.4% over the past year, with a 3-year compound annual growth rate (CAGR) of +2.6%.

Question 3

What is the franchise vs. company-owned ratio for The Spice & Tea Exchange?

Accepted Answer

The Spice & Tea Exchange has a franchise ratio of 99%, meaning 99% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many The Spice & Tea Exchange franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), The Spice & Tea Exchange had 8 units opened and 4 units closed.