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| Brand | The Spice & Tea Exchange Food Retail Remove |
|---|---|
| Vitals | |
Investment range | $299K – $532K |
Liquid capital | $10K – $50K |
Franchise fee | $39K |
Royalty rate | N/A |
Ad fund rate | 1.0% |
| Performance | |
Avg gross sales | $543K |
Median gross sales | $487K |
Avg owner earnings Metric varies by brand. Check type below | N/A |
Earnings metric | Not classified |
| Risk | |
Rating | ATop Quintile |
Risk score | 28 / 100 |
SBA charge-off rate | 5.6% |
SBA loans on record | 41 |
| Scale | |
Total units | 94 |
Net change (latest yr) | N/A |
Turnover rate | 4.3% |
| Contract | |
Initial term (years) | 10 |
Renewal term (years) | 5 |
Initial training (hrs) | 103 |
| Contacts | |
Franchisee phones | 15 |
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