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    Franchise opportunities compared

    Ace Hardware vs Spice Tea Exchange

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Ace Hardware2025 FDDSpice Tea Exchange2026 FDD

    Initial investment · Item 7

    Ace Hardware

    $134,600 – $2,001,550

    2025 FDD · Item 7

    Spice Tea Exchange

    $312,900

    2026 FDD · Item 7 · PDF p. 19

    Initial franchise fee · Item 5

    Ace Hardware

    Not available

    Spice Tea Exchange

    Not available

    Royalty · Item 6

    Ace Hardware

    Not available

    Spice Tea Exchange

    7%

    2026 FDD · Item 6 · PDF p. 12

    Before you compare

    • Ace Hardware figures come from its 2025 FDD and Spice Tea Exchange figures from its 2026 FDD, so the years differ.
    • Ace Hardware discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Ace Hardware: 8, Spice Tea Exchange: 1). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Ace Hardware

    $134,600 – $2,001,550
    2025 FDD · Item 7

    Spice Tea Exchange

    $312,900
    Total initial investment excluding real-estate/building purchase
    2026 FDD · Item 7 · PDF p. 19
    Standard initial franchise fee (Item 5)

    Ace Hardware

    Not available
    No single standard fee identified

    Spice Tea Exchange

    Not available
    No single standard fee identified
    Royalty (Item 6)

    Ace Hardware

    Not available
    No reviewed royalty record

    Spice Tea Exchange

    7%
    Royalty — gross sales monthly or minimum
    2026 FDD · Item 6 · PDF p. 12
    Brand / advertising fund (Item 6)

    Ace Hardware

    $65
    Digital Circular: $65/month; advertising placement $425/month per store
    2025 FDD · Item 6 · PDF p. 22

    Spice Tea Exchange

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Ace Hardware

    5,144
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 74

    Spice Tea Exchange

    98
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 59
    Net outlet change (Item 20)

    Ace Hardware

    +277
    Calculated: 4,867 at end of 2022 → 5,144 at end of 2024

    Spice Tea Exchange

    +8
    Calculated: 90 at end of 2023 → 98 at end of 2025
    Outlet exits (Item 20)

    Ace Hardware

    Not available
    No complete exit records for a year

    Spice Tea Exchange

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Ace Hardware

    Not available
    Not in reviewed records

    Spice Tea Exchange

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Ace Hardware

    Not available
    Not in reviewed records

    Spice Tea Exchange

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Ace Hardware
    Locations counted not stated in the reviewed record — 2023 RFR participating Ace branded single-store Reporting Stores in the Super H…
    $5,308,506
    other Super Hardware Format average annual sales volume
    2025 FDD · Item 19 · PDF p. 73
    Locations counted not stated in the reviewed record — Participating Ace branded single-store Reporting Stores in the 2023 RFR
    689 stores
    other Number of participating Ace branded Reporting Stores in 2023 RFR
    2025 FDD · Item 19 · PDF p. 72
    Locations counted not stated in the reviewed record — 2023 RFR Reporting Stores in the Super Hardware Format
    $1,301,349
    other Super Hardware Format low annual sales
    2025 FDD · Item 19 · PDF p. 73
    +5 more groups in the full report
    Spice Tea Exchange
    Locations counted not stated in the reviewed record
    8.7 percent
    other company
    2026 FDD · Item 19 · PDF p. 56

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Ace Hardware vs Spice Tea Exchange: common questions

    Which costs less to open, Ace Hardware or Spice Tea Exchange?
    Ace Hardware: $134,600 – $2,001,550 (2025 FDD · Item 7); Spice Tea Exchange: $312,900 (2026 FDD · Item 7 · PDF p. 19). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Ace Hardware. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, Ace Hardware or Spice Tea Exchange?
    Ace Hardware: 5,144 (2025 FDD · Item 20 · PDF p. 74); Spice Tea Exchange: 98 (2026 FDD · Item 20 · PDF p. 59). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Ace Hardware and Spice Tea Exchange disclose financial performance (Item 19)?
    Ace Hardware has reviewed Item 19 figures for 8 location groups; Spice Tea Exchange has reviewed Item 19 figures for 1 location group. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    Full Ace Hardware report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Spice Tea Exchange report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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