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    Franchise opportunities compared

    Matco Tools 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.

    Matco Tools2026 FDDSpice Tea Exchange2026 FDD

    Initial investment · Item 7

    Matco Tools

    Not available

    Spice Tea Exchange

    $312,900

    2026 FDD · Item 7 · PDF p. 19

    Initial franchise fee · Item 5

    Matco Tools

    $20,000

    2026 FDD · Item 5 · PDF p. 31

    Spice Tea Exchange

    Not available

    Royalty · Item 6

    Matco Tools

    Not available

    Spice Tea Exchange

    7%

    2026 FDD · Item 6 · PDF p. 12

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (Matco Tools: 12, Spice Tea Exchange: 1). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Matco Tools

    Not available
    No reviewed Item 7 total

    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)

    Matco Tools

    $20,000
    2026 FDD · Item 5 · PDF p. 31

    Spice Tea Exchange

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

    Matco Tools

    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)

    Matco Tools

    Not available
    No reviewed brand or advertising fund fee

    Spice Tea Exchange

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Matco Tools

    1,741
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 88

    Spice Tea Exchange

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

    Matco Tools

    −111
    Calculated: 1,852 at end of 2023 → 1,741 at end of 2025

    Spice Tea Exchange

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

    Matco Tools

    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)

    Matco Tools

    Not available
    Not in reviewed records

    Spice Tea Exchange

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

    Matco Tools

    Not available
    Not in reviewed records

    Spice Tea Exchange

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Matco Tools
    Locations counted not stated in the reviewed record — 225
    $16,715
    other 19B 225
    2026 FDD · Item 19 · PDF p. 85
    Locations counted not stated in the reviewed record — Standard1456 Middlethird
    239 distributors
    other 19A Chart2 Standard1456 Middlethird
    2026 FDD · Item 19 · PDF p. 83
    Locations counted not stated in the reviewed record — Standard
    1,456 distributors
    other 19B Standard
    2026 FDD · Item 19 · PDF p. 85
    +9 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.

    Matco Tools vs Spice Tea Exchange: common questions

    Which has more locations, Matco Tools or Spice Tea Exchange?
    Matco Tools: 1,741 (2026 FDD · Item 20 · PDF p. 88); 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 Matco Tools and Spice Tea Exchange disclose financial performance (Item 19)?
    Matco Tools has reviewed Item 19 figures for 12 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 Matco Tools 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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    FDD glossary

    Plain-language meaning of each Item