Franchise opportunities compared
Spice Tea Exchange vs Team Up Enterprises
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.
Before you compare
- Both sets of figures come from 2026 FDDs.
- Item 19 figures cover the location groups each FDD names (Spice Tea Exchange: 1, Team Up Enterprises: 7). Different groups are not directly comparable.
| Disclosure |  Spice Tea Exchange |  Team Up Enterprises |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $312,900 Total initial investment excluding real-estate/building purchase 2026 FDD · Item 7 · PDF p. 19 | $61,500 Total estimated initial investment: $61,500–$129,500 2026 FDD · Item 7 · PDF p. 19 |
| Standard initial franchise fee (Item 5) | Not available No single standard fee identified | $45,000 2026 FDD · Item 5 · PDF p. 12 |
| Royalty (Item 6) | 7% Royalty — gross sales monthly or minimum 2026 FDD · Item 6 · PDF p. 12 | 5% Royalty rate 2026 FDD · Item 6 · PDF p. 14 |
| Brand / advertising fund (Item 6) | Not available No reviewed brand or advertising fund fee | 2% of if implemented Marketing fund fee rate 2026 FDD · Item 6 · PDF p. 14 |
| System scale & health | ||
| Total outlets (Item 20) | 196 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 59 | 42 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 58 |
| Net outlet change (Item 20) | +16 Calculated: 180 at end of 2023 → 196 at end of 2025 | +28 Calculated: 14 at end of 2023 → 42 at end of 2025 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Locations counted not stated in the reviewed record 8.7 percent other company · 2026 FDD · Item 19 · PDF p. 56 | Locations counted not stated in the reviewed record — One company-owned outlet; historic annual sales $151,845 other Company-owned outlet gross sales · 2026 FDD · Item 19 · PDF p. 48 Locations counted not stated in the reviewed record — Full-year operating outlets $2,653,451 other Full-year franchise outlets 2024 total gross sales · 2026 FDD · Item 19 · PDF p. 51 Locations counted not stated in the reviewed record — Full-year operating outlets — total row $147,517 other Full-year franchise outlets 2024 median gross sales · 2026 FDD · Item 19 · PDF p. 51 +4 more groups in the full report |
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.
Spice Tea Exchange vs Team Up Enterprises: common questions
- Which costs less to open, Spice Tea Exchange or Team Up Enterprises?
- Spice Tea Exchange: $312,900 (2026 FDD · Item 7 · PDF p. 19); Team Up Enterprises: $61,500 (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 Team Up Enterprises. Estimates are not quotes, and the FDD years may differ.
- How do Spice Tea Exchange and Team Up Enterprises royalties compare?
- Spice Tea Exchange: 7% (2026 FDD · Item 6 · PDF p. 12); Team Up Enterprises: 5% (2026 FDD · Item 6 · PDF p. 14). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, Spice Tea Exchange or Team Up Enterprises?
- Spice Tea Exchange: 196 (2026 FDD · Item 20 · PDF p. 59); Team Up Enterprises: 42 (2026 FDD · Item 20 · PDF p. 58). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Spice Tea Exchange and Team Up Enterprises disclose financial performance (Item 19)?
- Spice Tea Exchange has reviewed Item 19 figures for 1 location group; Team Up Enterprises has reviewed Item 19 figures for 7 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.