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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

The Spice & Tea Exchange

The Spice & Tea Exchange

The Spice & Tea Exchange franchises operate retail stores that sell spices, herbs, teas, spice blends, rubs, olive oil, salts, sugars, candles, honeys, and related products and accessories in a distinctive environment following the franchisor's System. Franchisees can pursue a Unit Franchise for a single store or an Area Development agreement to open and operate multiple stores in a defined geographic area. The business model relies on retail sales to consumers interested in gourmet culinary ingredients, teas, and accessories, targeting home cooks, food enthusiasts, and gift shoppers.

97locations
$313K–$558K
Since 2008
RetailSt. Augustine, FLThe Spice & Tea Exchange Holdings, LLCwww.spiceandtea.comDisclaimer

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Franchise Costs

Franchise Fee
$38,750
Initial Investment
$312,900 – $557,514
Royalty Rate
7.00%
Brand Fund
1.00%
Fixed Monthly Fees
$390 – $950

7% royalty + 1% system development fee + 1% local advertising requirement + $300-$800/mo subscription/support/inventory management fee + $90-$150/mo integrated music system fee

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$552,660
Median Gross Revenue
$505,212
Average Gross Profit
$378,347

Data Based On: 83 franchised units (from a sample of 84 included units, after excluding 1 company-owned unit) which were in continuous operation for the full calendar year 2025.

* All figures directly extracted for 2025 from the 'SECTION I – ALL COMPARABLE UNITS' section, focusing on 'Average Gross Sales – All Franchised Units' and 'Average Gross Margin ($)'. The total units included in the sample for these metrics were 84, which after excluding the single company-owned unit, implies 83 franchised units were part of the 'All Franchised Units' data. No information on operating expenses or other profit metrics (net income, net profit, EBITDA) was provided.

Extracted Item 19 Section

Avg. Revenue: $552,660

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How The Spice & Tea Exchange Compares

Key Insights

  • Higher investment than 81% of Specialty Food franchises
  • Top 10 largest franchise system in Specialty Food
FranchiseInvestmentFeeRoyaltyLocations
The Spice & Tea Exchange
Current
$313K – $558K$39K7.0%97
EDIBLE ARRANGEMENTS$214K – $587K$30K5.0%680
HONEYBAKED HAM AND THE HONEYBAKED HAM AND CAFE CO.$514K – $830K$20K6.0%212
CANTEEN$9K – $44K$3K5.3%100
GRAZE CRAZE$167K – $326K$50K6.0%89
DOC POPCORN$175K – $414K$15K6.0%79
Specialty Food Average
16 franchises
$218K – $469K$26K6.7%–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 16 Specialty Food franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1FL
16
2NC
7
3SC
6
4MI
5
5TN
5
6TX
4
7CT
3
8AZ
3
9GA
3
10VA
3
11MD
3
12IN
3
13AL
2
14NJ
2
15NY
2

+24 more states

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SBA Loan History

Historical SBA 7(a) loan data for The Spice & Tea Exchange franchisees (2013 – 2025)

Total Loans
41
Average Loan
$210,915
Total Volume
$8.6M
Default Rate
2.4%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

41 SBA loans on record

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Franchisee Contacts

112 franchisee contacts on file from official FDD filings.

112 Contacts Available

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Due Diligence

Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
4
Transfers
N/A
Sold to Franchisees
N/A
Projected New
9

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Frequently Asked Questions

The total initial investment to open a The Spice & Tea Exchange franchise ranges from $312,900 to $557,514. This includes a franchise fee of $38,750. Ongoing royalty fees are 7.0% of gross sales.