Spice Merchants is graded based on our most recent FDD research!
The operation of a retail business offering spices, teas and related items using prescribed methods.
Spice Merchants has an initial franchise fee of up to $25,000, with a total initial investment range from $78,400 to $168,500.
The initial investment of any franchised business includes multiple fees. Check out this franchise opportunity to better understand the specific costs required to purchase a Spice Merchants, such as franchise fees, leasehold improvement costs, pre-opening marketing, and equipment purchases. As a reminder, franchisors are required to provide you with details about all initial fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay. Another important item to review is whether the initial fees are refundable or not. The franchisor must disclose what conditions any of the initial fees are refundable. A franchisor must also disclose a range of fees if its initial fees are not the same within the system. A careful review of the Item 5 initial fees will provide you answers needed to make a buying decision a Spice Merchants.
Can you Afford a Spice Merchants Franchise. Complete our Affordability Calculator to find out!
As with any new business, there needs to be a strong ROI and profit potential. The specific franchisee's income and the revenue from a Spice Merchants franchise depends on a variety of factors. One way to confirm the potential revenues or profits earned from a Spice Merchants franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. This is called a financial performance representation. This is an option for franchisors within their disclosure and approximately 68% of all franchisors that we have reviewed will disclose financial performance data within Item 19 of their FDD. Some franchisors may disclose limited information such as average gross revenues. This type of financial disclosure is not always helpful to assess profits for you directly. So review systemwide sales data with caution. As expected, usually profits and owner's salary are equitable to the overall size of the initial investment. The larger the initial investment, the larger return you should anticipate
For additional information and franchise specific on the revenue of a Spice Merchants franchised business, unlock this franchise
As of the 2018 Franchise Disclosure Document, there are 9 franchised Spice Merchants locations throughout the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2018 FDD data, Spice Merchants has franchise locations in 5 states. There may be no locations in several states as each franchise plans their development strategy differently.
Based on our research Spice Merchants is expanding into new locations and might be available near you.
One of our franchise advisors will have detailed knowledge about this franchise opportunity. Unlock to learn more and speak with our experts.
Last Reviewed: 2018
Yes, they have an initial training program of 64 hours. This includes 33 hours of classroom training, 31 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
Spice Merchants offers territory protections. For an explanation of territory rights, unlock this franchise for more details.
No, Spice Merchants does NOT offer comprehensive support for franchisees.
They began franchising in 2010. The average Specialty Food Store franchise began franchising in 2007.
No, but you can click here to fill out our affordability calculator and understand your financing options.