Spice & Tea Merchants
Source filing: WI · filed 2026-05-12
Item 5 — Initial franchise fee
$25,000 [p.8 · WI · 2026-05-12]
Item 6 — Recurring fees (royalty & advertising)
| Royalty(1) | 7% or 8% of gross sales [p.9 · WI · 2026-05-12] |
|---|---|
| Grand Opening Advertising Expenditures (2) | $1,000 to $2,000 [p.9 · WI · 2026-05-12] |
| Monthly Advertising Expenditures (3) | 2% of monthly gross sales or $150 per month whichever is greater [p.9 · WI · 2026-05-12] |
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
$90,000 [p.11 · WI · 2026-05-12] – $191,500 [p.11 · WI · 2026-05-12]
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 9 [p.23 · WI · 2026-05-12] |
|---|---|
| Franchised outlets at end of year | 13 [p.23 · WI · 2026-05-12] |
| Net change in franchised outlets | 4 [p.23 · WI · 2026-05-12] |
| Transfers | 0 [p.23 · WI · 2026-05-12] |
| Terminations | 0 [p.24 · WI · 2026-05-12] |
| Non-renewals | 0 [p.24 · WI · 2026-05-12] |
| Ceased operations (other) | 0 [p.24 · WI · 2026-05-12] |
| Company-owned outlets at end of year | 0 [p.23 · WI · 2026-05-12] |
Item 19 — Financial performance representation
Headline cohort
12 franchised locations open at least one full calendar year FY2025 · 12-month period ending December 31, 2025
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 12 [p.22 · WI · 2026-05-12] | $354,459 [p.22 · WI · 2026-05-12] | $298,586 [p.22 · WI · 2026-05-12] | $902,074 [p.22 · WI · 2026-05-12] | $112,875 [p.22 · WI · 2026-05-12] |
All disclosed cohorts (1)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| 12 franchised locations open at least one full calendar year FY2025 12-month period ending December 31, 2025 |
12 [p.22 · WI · 2026-05-12] | $354,459 [p.22 · WI · 2026-05-12] | $298,586 [p.22 · WI · 2026-05-12] | $902,074 [p.22 · WI · 2026-05-12] | $112,875 [p.22 · WI · 2026-05-12] |
“There is no assurance you will do as well.” [p.22 · WI · 2026-05-12]
Extraction notes
- Item 7 totals were extracted with model assistance and verified against the cited page.