Seller's Contact Information

  • RE:  High Traffic Spice And Tea Shop
  • Contact:  Jennefer Taylor
Owner Financing is Available!
Owner Financing Terms$195,000.00 Owner Financing Interest6% Owner Financing Terms Months120 Owner Financing Monthly Payment$2,164.90

Quick Facts

Asking Price: $525,000
Annual Revenue: $480,085
Net Profit: Not Disclosed
Cash Flow: $85,000
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 4
BBN Listing #: 315349902
Broker Reference #: 142022-167615

Email or Print Listing

Business Overview:

Located inside the upscale and bustling Polaris Mall, The Spice and Tea Exchange specializes in aromatic and hard-to-find loose leaf teas, savory spices and spice blends, herbs, sugars and honey, salts from all over the world, fragrant candles, epicurean gift baskets, holistic wellness products, and original kitchen accessories. Truly a gourmet shopper culinary heaven.

Known for the staff’s ability to personalize special blends from their high-quality products, The Spice and Tea Exchange has developed an unparalleled level of service and creativity. During the holidays we create personalized and ready to go baskets full of our exclusive products, delighting even the pickiest food lover.

Founded in 2008 by a group of individuals with a passion for food. This is a quick growing franchise with passionate owners. This location was established in 2019 and has grown each year since opening their doors.
This store has little to no real competition. They have been successful throughout the COVID shut down with their loyal return customers.

As foot traffic improves in the mall, new customers are finding their way to this amazing store.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

To work fulltime with another business they own.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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Cash Flow $280,000
Revenue $789,362

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