The Spice & Tea Exchange
Source filing: WI · filed 2026-04-28
Item 5 — Initial franchise fee
Not disclosed
Item 6 — Recurring fees (royalty & advertising)
Not disclosed in extracted fee schedule — see FDD Item 6.
Item 7 — Estimated initial investment (total)
$312,900 [p.19 · WI · 2026-04-28] – $557,514 [p.19 · WI · 2026-04-28]
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 | 93 [p.59 · WI · 2026-04-28] |
|---|---|
| Franchised outlets at end of year | 97 [p.59 · WI · 2026-04-28] |
| Net change in franchised outlets | 4 [p.59 · WI · 2026-04-28] |
| Transfers | 6 [p.60 · WI · 2026-04-28] |
| Terminations | 0 [p.64 · WI · 2026-04-28] |
| Non-renewals | 0 [p.64 · WI · 2026-04-28] |
| Ceased operations (other) | 4 [p.64 · WI · 2026-04-28] |
| Company-owned outlets at end of year | 1 [p.59 · WI · 2026-04-28] |
Item 19 — Financial performance representation
Headline cohort
All comparable franchised units FY2025 · 2025
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 84 [p.56 · WI · 2026-04-28] | $552,660 [p.56 · WI · 2026-04-28] | $505,212 [p.56 · WI · 2026-04-28] | $1,263,519 [p.56 · WI · 2026-04-28] | $210,877 [p.56 · WI · 2026-04-28] |
All disclosed cohorts (9)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| All comparable franchised units FY2025 2025 |
84 [p.56 · WI · 2026-04-28] | $552,660 [p.56 · WI · 2026-04-28] | $505,212 [p.56 · WI · 2026-04-28] | $1,263,519 [p.56 · WI · 2026-04-28] | $210,877 [p.56 · WI · 2026-04-28] |
| All comparable franchised units FY2024 2024 |
82 [p.56 · WI · 2026-04-28] | $519,403 [p.56 · WI · 2026-04-28] | $486,926 [p.56 · WI · 2026-04-28] | $1,210,985 [p.56 · WI · 2026-04-28] | $65,247 [p.56 · WI · 2026-04-28] |
| All comparable franchised units FY2023 2023 |
78 [p.56 · WI · 2026-04-28] | $509,227 [p.56 · WI · 2026-04-28] | $467,554 [p.56 · WI · 2026-04-28] | $1,336,526 [p.56 · WI · 2026-04-28] | $73,788 [p.56 · WI · 2026-04-28] |
| Two-store owners FY2025 2025 |
39 [p.57 · WI · 2026-04-28] | $672,362 [p.57 · WI · 2026-04-28] | $626,789 [p.57 · WI · 2026-04-28] | $1,263,519 [p.57 · WI · 2026-04-28] | $210,877 [p.57 · WI · 2026-04-28] |
| Two-store owners FY2024 2024 |
35 [p.57 · WI · 2026-04-28] | $630,092 [p.57 · WI · 2026-04-28] | $563,538 [p.57 · WI · 2026-04-28] | $1,210,985 [p.57 · WI · 2026-04-28] | $65,247 [p.57 · WI · 2026-04-28] |
| Two-store owners FY2023 2023 |
38 [p.57 · WI · 2026-04-28] | $625,666 [p.57 · WI · 2026-04-28] | $621,404 [p.57 · WI · 2026-04-28] | $1,336,526 [p.57 · WI · 2026-04-28] | $73,788 [p.57 · WI · 2026-04-28] |
| Three or more store owners FY2025 2025 |
12 [p.58 · WI · 2026-04-28] | $781,515 [p.58 · WI · 2026-04-28] | $768,392 [p.58 · WI · 2026-04-28] | $1,263,519 [p.58 · WI · 2026-04-28] | $478,654 [p.58 · WI · 2026-04-28] |
| Three or more store owners FY2024 2024 excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Three or more store owners FY2023 2023 |
17 [p.58 · WI · 2026-04-28] | $700,120 [p.58 · WI · 2026-04-28] | $714,459 [p.58 · WI · 2026-04-28] | $1,336,526 [p.58 · WI · 2026-04-28] | $73,788 [p.58 · WI · 2026-04-28] |
“The single criterion for inclusion was that the store be in operation for the full calendar year under continuous ownership during the year reported.” [p.56 · WI · 2026-04-28]
Extraction notes
- Item 7 totals were extracted with model assistance and verified against the cited page.