The Spice & Tea Exchange FDD – Franchise Information, Costs and Fees
Type of Business
THE SPICE & TEA EXCHANGE® stores are retail stores that sell spices, herbs, teas, spice blends, rubs, olive oil, and related products and accessories the franchisor may designate or approve. The franchises offered are for the development and operation of a Unit Franchise or an Area Development Business. Unit Franchises operate individual Stores. Area Development franchises develop and operate multiple Stores.
Corporate Information
The Spice & Tea Exchange Franchising, LLC is a Florida Limited Liability Company formed on August 14, 2008. Their principal business address is 210 Marshall Circle, St. Augustine, FL 32086. They began offering franchises for THE SPICE & TEA EXCHANGE® Stores on August 25, 2008.
Investment
The total initial investment necessary to begin operation of a The Spice & Tea Exchange franchise is $298,560 to $532,150. This includes $173,660 and $208,650 that must be paid to the franchisor or affiliates. The total investment necessary to begin operation of three (3) The Spice & Tea Exchange franchises is $349,810 to $583,400. This includes $224,910 to $259,900 that must be paid to the franchisor or affiliates. The minimum number of franchises you must develop under an Area Development Agreement is three (3).
