Spices Business

Business Idea: Start A Spices Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$44.7K
Avg Startup Costs
$53.3K
Score
73
Avg Revenue
Min Revenue
$2K/month
Max Revenue
$125K/month
Avg Days To Build
380 days

Globally, spice shops bring in billions of dollars annually. Starting the herbs and spices business is not as difficult as it may seem. Using vertical farming technology, you can start a spices and herbs garden in your backyard.

When your spices and herbs mature, you can process them easily and package them for sale locally or online.

Revenue & Profitability

How much do spices businesses make?

Startup Costs

How much does it cost to start a spices business?

  • It can cost as low as $5,000 to start a spices business.
  • It can cost as high as $30,000 to start a spices business.

Learn more about the costs of a spices business.

Examples Of Successful Spices Businesses

Successful spices business businesses and case studies

Frag Out Flavor, a veteran-owned spice blend and BBQ rub company, generates around $125k/month and is backed by a loyal customer base while also giving back to the veteran community through various initiatives.

$125K Monthly Revenue
Read by 3,634 founders

Simple Goodness Sisters is a lifestyle beverage brand that produces "farm to bar" cocktail mixers and accessories made with natural, sustainable ingredients, growing at a rate of 4 times their original production.

$7K Monthly Revenue
$30K Startup Costs
Read by 9,538 founders

See full list of successful spices businesses.