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FranchiseVerdict

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2 brands side-by-side

Compare up to 4 brands side by side

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Brand
The Spice & Tea Exchange logoATop Quintile
The Spice & Tea Exchange
Food Retail
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Schmidt Baking Distribution (dba Schmidt) logoCAverage
Schmidt Baking Distribution (dba Schmidt)
Food Retail
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Vitals
Investment range
$299K – $532K
$45K – $364K
Liquid capital
$10K – $50K
$2K – $6K
Franchise fee
$39K
$30K
Royalty rate
N/A
N/A
Ad fund rate
1.0%
N/A
Performance
Avg gross sales
$543K
N/A
Median gross sales
$487K
N/A
Avg owner earnings
Metric varies by brand. Check type below
N/A
N/A
Earnings metric
Not classified
Not classified
Risk
Rating
ATop Quintile
CAverage
Risk score
28 / 100
65 / 100
SBA charge-off rate
5.6%
N/A
SBA loans on record
41
N/A
Scale
Total units
94
460
Net change (latest yr)
N/A
N/A
Turnover rate
4.3%
0.2%
Contract
Initial term (years)
10
N/A
Renewal term (years)
5
N/A
Initial training (hrs)
103
N/A
Contacts
Franchisee phones
15
100

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