KEY FRANCHISE STATS
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$487,000
Established in 2008, The Spice & Tea Exchange swiftly adopted the franchising model within the same year to expand its distinctive concept across the nation. Dedicated to enhancing and sharing a more flavorful lifestyle, the company provides a wide array of spices, teas, and gourmet treats, encouraging customers to discover international tastes.
Based in Palm Harbor, Florida, The Spice & Tea Exchange has seen substantial growth, crediting its success to a blend of high-quality products and engaging customer experiences.
The brand's inviting store ambiance, knowledgeable staff, and interactive blending stations make each visit a sensory adventure. As the company continues to grow, it remains committed to its core values of quality, exploration, and community.
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The franchisor offers a well-structured initial training program tailored for franchisees and their management teams.
Initial Training Program
The Spice & Tea Exchange franchise delivers an Initial Training Program overseen by seasoned professionals experienced in franchise retail and the spice and tea industry. This comprehensive program includes both classroom and hands-on training, covering all essential aspects of operating a franchise.
Compliance with Local Laws
Franchisees must be aware of and comply with additional training requirements mandated by their state or local authorities before opening their business. It is their responsibility to ensure adherence to these regulations, which may include specific training prerequisites.
On-Site Training
In addition to classroom instruction, The Spice & Tea Exchange offers on-site training provided by members of the corporate team. This Opening Team supports the store's launch, offering between 68 to 105 man-hours of practical, day-to-day operational training.
The Spice & Tea Exchange franchise provides franchisees with a designated location, known as the "Site," situated within a "Protected Area" inside a larger "Market Area."
Typically, the minimum Protected Area covers a 1-mile radius from the center of the Site. In urban settings, however, the franchisor may choose a smaller radius or an alternative method to define the Protected Area.
As long as franchisees adhere to the Franchise Agreement, the franchisor commits not to establish or grant another franchise for a Store within the franchisee's Protected Area.
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Below are some of
The Spice & Tea Exchange
key competitors in the
Coffee & Tea
sector.
93
$38,750
$299,000
$532,000
n.a.
$487,000
$xxx,xxx
69.6%
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TPTEA Tea Shop is a Taiwanese bubble-tea franchise offering premium brewed tea, milk tea and tapioca drinks, serving global tea lovers and on-the-go customers, and known for strong tea bases, efficient service and authentic Taiwanese tea craftsmanship.
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Molly Tea is a modern chain tea-shop franchise offering jasmine-based milk teas, floral fruit teas, and specialty drinks, serving young bubble-tea fans worldwide, and known for jasmine-forward aroma, elegant branding, and lifestyle-oriented, photogenic store environments.
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Delah Coffee is a specialty coffeehouse franchise offering Yemeni-inspired coffee, espresso drinks, and light bites, serving coffee enthusiasts and social café guests, and known for authentic Arabic coffee traditions, carefully sourced beans, and welcoming, culture-rich spaces.
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Arwa Coffee is a specialty coffee brand offering Yemeni-inspired coffees, espresso drinks, and café fare, serving commuters and neighborhood guests, and known for drive-thru convenience, ethically sourced beans, and highlighting the heritage and flavors of Yemeni coffee culture.
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