The Spice and Tea Exchange Franchise

Spices and Tea


Come in and smell the spices! This invitation is our tagline, and is merely the beginning of the indulgence of all your senses, as you walk into one of The Spice & Tea Exchange stores. Our business model and retail concept combines the love of food and fine seasonings with the charm of an old-world setting. The Spice & Tea Exchange management team has over 80 years of combined experience in creative and retail applications, and is setting the standard for this unique and specialized industry.


Veteran Incentives  25% off franchise fee

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It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!

Please Note: The operators of The Spice and Tea Exchange, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official The Spice and Tea Exchange website.

How much does it cost to open a The Spice and Tea Exchange Franchise?

The estimated investment required to open a The Spice and Tea Exchange Franchise is between $183,650-$369,250. There is an initial franchise fee of $37,500 which grants you the license to run a business under the The Spice and Tea Exchange name.

Individual Unit Costs

  • Initial Investment:
    $183,650-$369,250
  • Initial Franchise Fee:
    $37,500
  • Royalty Fee:
    7%
  • Advertising Fee:
    1%



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When did the first The Spice and Tea Exchange open? 2007
When did The Spice and Tea Exchange start Franchising? 2008
Expense In-House Third Party
Franchise Fee Yes Yes
Startup Costs N/A Yes
Equipment N/A Yes
Inventory N/A Yes
Accounts Receivable N/A N/A
Payroll N/A Yes

Training
Our training team works right beside you, for 2 weeks, within your own store; to effectively show you how to implement our proven techniques and procedures. From product knowledge to retail displays and marketing, you will have an experienced professional with you from the initial delivery of your products through the Grand Opening of your store.

On-The-Job Training: 4-106 hours
Classroom Training: 28-49 hours

Support
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing
Ad Templates
Social media
SEO
Email marketing
Loyalty program/app

Absentee Ownership Allowed Number of Employees Required to Run: 3 - 5

Business Experience:
The Spice & Tea Exchange awards franchises to individuals willing to work within our proven system and commit to the highest standards in customer service, community relations, and business. Each area of interest and candidate is evaluated carefully and we invite anyone who shares our love of well-known and exotic spices, specialty loose leaf teas, and hand made blends to contact us for an opportunity to learn more...

Your income potential as a The Spice and Tea Exchange Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

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Legal Disclaimer: This information is not a franchise offering for The Spice and Tea Exchange and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a The Spice and Tea Exchange franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

The Spice and Tea Exchange

The Spice and Tea Exchange

2708 Alt. 19 N., #500
Palm Harbor,, FL
34683

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