7 Spices Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Spices Business

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.

Here are some real life success stories of starting a spices business:

1. 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 they make: $84K/year
How much did it cost to start: $30K
Current team size: 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.

About

Belinda started Simple Goodness Sisters over 5 years ago

Revenue

Belinda grew the business to $7K/month

Costs

It cost Belinda $30000 to start the business

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Learn more about starting a spices business:

Where to start?

-> How to start a spices business?
-> How much does it cost to start a spices business?
-> Pros and cons of a spices business

Need inspiration?

-> Examples of established spices business
-> Marketing ideas for a spices business

Other resources

Part of

Starting A Spices Business: Everything You Need To Know

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2. 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 they make: $1.5M/year
Current team size: 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.

About

Patrick started Frag Out Flavor over 6 years ago

Revenue

Patrick grew the business to $125K/month

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5. Monterey Bay Spice Company

Bulk herbs, spices, seasonings, teas and essential oils from Monterey Bay Spice Co. All of our bulk herbs are wholesale.

Where they're located: Springfield, Massachusetts, United States
Website traffic: 110K/month

6. Patel Brothers

Indian Marketplace for Spices, Groceries and Puja Items

Where they're located: Indianapolis, Indiana, USA
Website traffic: 110K/month

7. My Spice Sage

Spices and seasonings at wholesale prices, including many unique and hard to find items MySpiceSage.com

Where they're located: Indianapolis, Indiana, USA
Website traffic: 120K/month