Successful specialty tea & spice shop offers flavor & fulfillment
The Spice & Tea Exchange franchise for sale in Gallatin County, Montana
List Price: $140,000 USD
Key Facts
Annual Gross Revenue
$353,585 USD
Cash Flow
$25,000 – $50,000
Seasonal Business
No
Value of Inventory
$25,000 – $50,000
Value of Assets
$50,000 – $100,000
Year Established
2016
Business Operates From
A retail location
Location Is
Leased
Approx. Monthly Rent
$4,000
Total Employees
Less than 10
1–3 MonthsTransition
Support
SomewhatPrice/Terms
Flexibility
NoneSeller financing Available
Part-timeOwner
Involvement
About this Business
Step into a world where flavor meets community and passion meets profit!
Since opening in June 2016, this tea cafe and spice boutique has reached a level of reliable performance that’s continuing to grow and improve. In 2023, it had sales of $353,585 and a healthy cash flow. There is a base of over 12,087 registered loyalty guests who make up a passionate recurring customer base. It’s got an enviable reputation as THE local destination for those seeking unparalleled quality in spices, herbs, salts, and teas.
The success of The Spice & Tea Exchange isn’t limited to retail! It has cultivated strong relationships with local and regional businesses, offering wholesale products and exclusive custom tea and spice blends with personalized labeling!
Ideally positioned:
- in Bozeman, the fastest-growing micropolitan city in the U.S. for six consecutive years
- conveniently located downtown, bustling with active businesses
- includes $75,000 of assets and recent location upgrades
- at the heart of Bozeman’s vibrant community, from Art Walks to Give Back Mondays
- strong market presence as the go-to spot for everything from tea-based cocktails to gourmet culinary advice
- significant growth potential remains!
This franchise offers a fun, fulfilling lifestyle to the entrepreneur passionate about making a difference while indulging in the art of flavor. Spice up your future while continuing a legacy of taste, community, and growth! Inquire now!
Growth opportunities
This store has great potential in Bozeman, Montana, a rapidly growing area known for its outdoor lifestyle and influx of health-conscious residents. As more people move to the area and visit for its natural beauty, the store has a fantastic chance to attract new customers. By stepping up local advertising, participating more in community events, and partnering with nearby businesses, The Spice & Tea Exchange® can become more visible and connected in the community, which can help increase sales and bring in more customers.
Owner's Day-to-Day Involvement
Part-time owner & operator, doing business planning, scheduling, finances plus working in the retail store front.
Franchise Accolades & Awards
The Bozeman store is recognized in the community for its “Give Back Monday” program where a portion of sales are donated to a local non-profit. It also donates to the MSU Student Food Bank and contributes to other local fundraising initiatives.
Asset Description
Includes approximately $75,000 of furniture, fixtures, and equipment required for running the business, which includes: all computer systems for back office and front registers, WiFi security cameras, all built in store shelving systems, counters, and racks/units; all display units and containers which include antique tables, bakers racks, storage boxes, display containers; all display jars; labels, bags and jars for culinary products; storage racking and containers; kitchen equipment and appliances including a portable ice maker, and more!
Inventory Description
The value of the inventory will be determined prior to the closing and is separate from the asking price. All retail items, consumable products and non consumable products - spices, herbs, teas, sugars, peppers, salts; accessories for the kitchen, for tea, for salt, candles, honey, maple syrup, Olive oils, balsamic vinegar. Estimated At $45,000.
Reason for Selling
Retirement
Why I Love My Franchise
We love the ability to offer quality ingredients to guests. That ability lends itself to being able to create outstanding products that range from custom spice blends, teas, sugars, and salts. The ability to also share recipes and usage ideas with guests that encourage creating time for a meal to be enjoyed with friends and family. Our location in Historic Downtown Bozeman is perfect.
About The Spice & Tea Exchange
The Spice & Tea Exchange is a premier destination for those seeking unparalleled quality in spices, herbs, salts, and teas. Known for its extensive selection and expert culinary advice, it has become the go-to spot for teas, spices, exclusive hand-mixed blends, naturally flavored sugars, gift sets, accessories, an array of salts from around the world. With growing consumer interest in spices and teas, The Spice & Tea Exchange is perfectly positioned for expansion, catering to a market eager for natural and high-quality ingredients.
Franchisee Support
The franchisor is dedicated to franchisees’ success and offers comprehensive training and support to ensure your business thrives. No culinary experience is necessary! Franchisees have access to professional field consultants, in-house and on-site operations training, virtual training, and an extensive education library. This robust support system is designed to guide you every step of the way.
Brand Accolades & Awards
The Spice & Tea Exchange has been consistently recognized in the franchise industry, ranking on the Entrepreneur Franchise 500 annually from 2015 through 2023. The brand also achieved a notable #4 ranking in its category, highlighting its strong market presence.
Industry / Market
The national market for spices is rapidly expanding, projected to be worth $7.9 billion by 2025, while the tea market is also on the rise, expected to reach $13.47 billion by the same time. This growth is driven by increasing consumer interest in cooking at home and a shift towards healthier, natural ingredients. The Spice & Tea Exchange is well-positioned to capitalize on these trends, offering high-quality products that meet the evolving demands of food enthusiasts.
Ideal Owner
The ideal franchisee for The Spice & Tea Exchange is a foodie with a passion for unique flavors and culinary experiences. They should be customer-focused, detail-oriented, and capable of creating an engaging retail environment. A background in retail, hospitality, or the food industry is beneficial, along with strong communication skills to build lasting relationships with customers and suppliers.