Spices Business

3 Spices Business Success Stories [2024]

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Updated: July 23rd, 2024

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.

In this list, you'll find real-world spices business success stories and very profitable examples of starting a spices business that makes money.

1. Frag Out Flavor ($1.5M/year)

Patrick Flynn, founder and CEO of Frag Out Flavor, came up with the idea for his spice blends and BBQ rubs after returning home from a deployment to Afghanistan. His passion for great food and BBQ, combined with his desire to reconnect with the veteran community, led him to create a lineup of high-quality blends that have been loved by family and friends. With a strong focus on customer loyalty and giving back to the veteran community, Frag Out Flavor has grown to generate around $125K/month in revenue.

How much money it makes: $1.5M/year
How many people on the team: 1

This Veteran Built A $1.5M Spices & Rubs Brand

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.

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2. Simple Goodness Sisters ($84K/year)

Belinda and Venise, the Simple Goodness Sisters, came up with the idea for their business while running a mobile bar company. Clients constantly asked how to recreate the fresh, farm-fresh drinks served at their events, leading them to develop their own small-batch, homemade mixers made with ingredients from Venise's farm. After much research and hard work, they launched their farm-to-bar mixers and accessories in Fall 2018, with their products gaining popularity in the cocktail and alcohol-free cocktail scene.

How much money it makes: $84K/year
How much did it cost to start: $30K
How many people on the team: 0

How We Left Our Jobs At Tech Companies To Sell Farm Fresh Cocktail Ingredients

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.

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3. Karachi Kitchen ($24K/year)

Sadaf, the co-founder and designer behind Karachi Kitchen Foods, started the business with her mother, a long-time chef and culinary instructor. They launched their business after collaborating on a self-published cookbook, which won a Gourmand Award. Despite facing setbacks due to Covid and learning about federal and state regulations, they have seen sales more than double since launching their online store.

How much money it makes: $24K/year
How much did it cost to start: $5K
How many people on the team: 0

This Mother And Daughter Started A Side Hustle Selling Chutneys And Spices

Karachi Kitchen Foods saw over 200% growth in sales in the past year, offering seven different chutneys and spices, and plans to launch an online subscription box and publish recipes on their website in coming months.

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