|Financing:||Via 3rd party|
|Year Founded:||2008||Home Office:||Palm Harbor, FL|
|Tampa Bay Business Journal Fast 50; Franchise Gator Top 100 (2016); Franchise Gator Fastest Growing (2016); Franchise Gator Top Emerging (2016)|
The Spice & Tea Exchange® was founded in 2008 by a group of talented individuals with a passion for life and a passion for food. Their vision to create a one-of-a-kind shopping experience brought the 18th Century Trading Post concept to life.
Through the years, we’ve grown exponentially with one mission in mind:
“To provide a unique spice, blend, salt, sugar and tea shopping experience; to generate excitement by immersing & educating our customers in rich, vivid sights, smells & tastes; and to share our passion for cooking and dining excellence.”
As you learn more about The Spice & Tea Exchange®, you’ll get to know fellow Franchisees who share a common passion for food and life. Since our establishment, The Spice & Tea Exchange® has grown from one small individually-owned location into a 37-store nationwide company. This includes 5 company stores and 32 franchise locations, spread over 22 states.
The Spice & Tea Exchange® concept thrives in high-traffic tourist areas, which attract guests looking for an interactive, and entertaining, experience. The Spice & Tea Exchange® currently has two theme park locations at Walt Disney World® in Orlando, FL, and Busch Gardens® in Tampa, FL.
At The Spice & Tea Exchange®, our valuable community ties are created through local community involvement, education, and culinary demonstration. We treat each of our guests as family, and welcome them into a world of flavor where they can feel comfortable exploring and learning from our educated Spice Masters.
As a Franchisee, you will be encouraged to host local culinary events in-store and offsite with local chefs, restaurants, and partner organizations. During your training process, you’ll be instilled with the passion and knowledge needed to educate and interact with your guests.
Our ideal franchisee has:
To be considered for a The Spice & Tea Exchange® franchise, potential franchisees are required to have a minimum of $60,000 in funds available to invest and a minimum net worth of $200,000.
The Spice & Tea Exchange® establishment packages vary depending on location and include a full line of opening inventory and necessary equipment needed for effective store operations.
Single Unit Investment
Area Development Program options are available based on a scaled pricing structure. Contact a Franchise Development Representative for more information.
Benefits of Multi-Unit /Area Ownership:
The Spice & Tea Exchange® has established relationships with several lenders that can provide very competitive terms and rates for qualified individuals. We are an Approved Vendor with the SBA, a member of FranRegistry and proud to offer qualified veterans a discount of 25% off the franchise fee. Unit Franchise and Local Area Development opportunities available. Contact one of our Franchise Development Team Members for more information.
The location of your store is important to your success. It is your responsibility to find a suitable location that meets the required criteria. Our TSTE® team will work with you to identify locations with the highest possibility of success. Here are a few "key ingredients" to get started:
Unit Franchise and Local Area Development opportunities available.
During your discovery you will gather all the ingredients needed to determine if we are a good fit for each other. Speak with our Franchise Team and discover what sets us apart and above our competition. Our education process will take approximately 30 - 45 days. During this time you will:
If you feel The Spice & Tea Exchange® is the right opportunity for you, let’s get to know each other. To begin your adventure please complete the short form to gain access to our virtual brochure.
We invite you to …. Come In and Smell the Spices!®
The franchise information on this website does not constitute an offer to sell a franchise. The offer of a franchise can only be made through the delivery of a Franchise Disclosure Document. Certain states require that a franchisor register their Franchise Disclosure Document with that state prior to the offer or sale of a franchise. We will not offer or sell franchises in those states until we have registered our Franchise Disclosure Document (or obtained an applicable exemption from registration) and delivered the Franchise Disclosure Document to the prospective franchisee in compliance with applicable law.
The Spice & Tea Exchange is currently accepting inquiries from the following states: Wyoming, West Virginia, Wisconsin, Washington, Vermont, Virginia, Utah, Texas, Tennessee, South Dakota, South Carolina, Rhode Island, Pennsylvania, Oregon, Oklahoma, Ohio, New York, Nevada, New Mexico, New Jersey, New Hampshire, Nebraska, North Dakota, North Carolina, Montana, Mississippi, Missouri, Minnesota, Michigan, Maine, Maryland, Massachusetts, Louisiana, Kentucky, Kansas, Indiana, Illinois, Idaho, Iowa, Georgia, Florida, Delaware, Washington, D.C., Connecticut, Colorado, California, Arizona, Arkansas, Alabama, Alaska.
Interested parties should have at least $70,000 in liquid capital to invest.Request Information