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| Brand | The Spice & Tea Exchange Food Retail Remove | Southern Steer Butcher Food Retail Remove |
|---|---|---|
| Vitals | ||
Investment range | $299K – $532K | $376K – $797K |
Liquid capital | $10K – $50K | $30K – $50K |
Franchise fee | $39K | $60K |
Royalty rate | N/A | 6.0% |
Ad fund rate | 1.0% | 2.0% |
| Performance | ||
Avg gross sales | $543K | $1.7M |
Median gross sales | $487K | $1.8M |
Avg owner earnings Metric varies by brand. Check type below | N/A | $163K |
Earnings metric | Not classified | Net Income |
| Risk | ||
Rating | ATop Quintile | ATop Quintile |
Risk score | 28 / 100 | 36 / 100 |
SBA charge-off rate | 5.6% | 0.0% |
SBA loans on record | 41 | 8 |
| Scale | ||
Total units | 94 | 9 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 4.3% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 5 | 10 |
Initial training (hrs) | 103 | 97 |
| Contacts | ||
Franchisee phones | 15 | 33 |
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