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499. The Spice & Tea Exchange

Last Year's Rank: 495

Investment Range: $200,550 - $356,150

Initial Franchise Fee: $122,750 - $152,750

Category: Retail

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Company Description

First opened in St. Augustine, Florida, in 2008, The Spice and Tea Exchange offers more than 140 spices, 16 types of sugars and more than 30 varieties of tea. The company has an 18th century trading post atmosphere at all locations.

The franchise sources its products from all over the world and also provides olive oils, candles, salts, and gourmet gifts. 

Company Statistics

Global Sales: $19,261,524

US Units: 68

Total Units: 68

Percent Franchised: 99%

% International Units: 0%

US Franchised Units: 67

Sales Growth %: 12.6%

Unit Growth %: 0.0%

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