Cleavers Philadelphia vs The Spice & Tea Exchange
Franchise Comparison 2026
Both Cleavers Philadelphia and The Spice & Tea Exchange are food retail franchises. Cleavers Philadelphia requires an investment of $428K – $770K while The Spice & Tea Exchange requires $299K – $532K. The Spice & Tea Exchange discloses average revenue of $543K; Cleavers Philadelphia does not report Item 19 data. Note: Includes company-owned outlets. The Spice & Tea Exchange has SBA lending data on file with a 5.6% charge-off rate. FranchiseVerdict rates Cleavers Philadelphia C (Average) and The Spice & Tea Exchange A (Strongest tier).
| Metric | Cleavers Philadelphia | The Spice & Tea Exchange |
|---|---|---|
| Verdict Grade | CAverageAverage | AStrongest tierStrongest tier |
| Investment Range | $428K – $770K | $299K – $532K |
| Franchise Fee | $40K | $39K |
| Royalty Rate | 5.0% | greater of 7% of Gross Sales or $1,750 |
| Average Revenue (Item 19) | N/ACompany-owned only · n=1 | $543KIncl. company outlets |
| SBA Charge-Off Rate | N/A | 5.6% (41 loans) |
| Total Units | 1 | 94 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2024 | 2008 |
| FDD Year | 2025 | 2025 |
Investment Range
$428K – $770K
$299K – $532K
Franchise Fee
$40K
$39K
Royalty Rate
5.0%
greater of 7% of Gross Sales or $1,750
Average Revenue (Item 19)
N/ACompany-owned only · n=1
$543KIncl. company outlets
SBA Charge-Off Rate
N/A
5.6% (41 loans)
Total Units
1
94
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2024
2008
FDD Year
2025
2025