About the brand «Sharetea»
Sharetea started from a small tea vendor back in 1992 in Taiwan. The name of the brand - “Sharetea”, means sharing good drinks, love, happiness, and health with all our customers.
At Sharetea, we strive to provide quality drinks and spread joys to milk tea lovers. With locations across the world, Sharetea offers easy to operate business opportunity. If you share the same passion and vision as we do, join us as we grow together internationally.
Sharetea stepped out to the world in 2010 after rooting deeply 18 years in Taiwan. And soon started one of our most important markets in the United States. In 2022, Sharetea has become the listed company in Taiwan stock market, and we are confident that it’s the best proof of supporting all our franchisees to grow their own Sharetea bubble tea business.
So far, Sharetea has over 400 locations in 12 countries in the worldwide and has expanded over 150 locations in the United States.
Why shall you choose Sharetea?
- Excellent return on investment capital
- Successful track record of expansion
- Easy to operate, maintain, manage, and expand
- Extensive training programs and on-going operational
Sharetea supports your business
GREAT TASTING MENU
Sharetea features the most unique, best tasting teas and toppings in the industry. Sharetea keeps bringing new taste to market, and it leads to a broader demographic appeal – not to mention a solid customer base of loyal and raving fans!
DEMAND FOR AUTHENTIC PRODUCTS
Our tea leaves are imported from Taiwan to make sure our tea drinks are completely authentic and high quality. When mixed with popular flavors like Taro, Mango, Matcha and Red Bean, our customers aren't afraid to "over-drink" our drinks because they are made from real tea leaves with authentic flavors.
SOMETHING FOR EVERYONE
Sharetea appeals to all age, gender, and economic segments. People from all walks of life enjoy our products as their daily treat. Students love to bring their friends here between classes, parents love us because we bring their children joy, and all communities enjoy our environment in good vibes.
SIMPLE OPERATING SYSTEM
Sharetea makes bubble tea business easy to operate, not to mention we will provide a series of training program and on-going counselling service to assist you to start your own Sharetea bubble tea business with full supports from HQ.
GLOBAL BRAND
Sharetea is found in Taiwan and has expanded over 13 countries now. As a global brand, Sharetea has built up trustworthy brand image and reputation around the world, and we make good use of our resources to support all our partners.
How to open a Sharetea franchise?
- Ensure you have adequate capitalization.
To start your own Sharetea bubble tea business, you must have a minimum initial capital of $100,000+. - Appreciate the investment required for a bubble tea franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc. - Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Sharetea bubble tea shop franchise owner. - Assess market availability.
You will want to look at the market availability for Sharetea franchises and see if there are available markets in your location of interest before proceeding with the franchising application. - Submit your application.
Your application will be reviewed by the Sharetea franchise agent. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner. - Receive approval & opening your Sharetea franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
How much does the Sharetea franchise cost?
Sharetea has a franchise fee of up to $48,000, with a total initial investment range of $386,900 to $492,200.
Net-worth Requirement: $100,000
SHARETEA INITIAL INVESTMENT
Initial Investment: $386,900 to $492,200
ONGOING FEES
Initial Franchise Fee: $48,000
Royalty Fee: 6% with minimum $1,200
Sharetea Website: www.1992sharetea.com
What countries could you start Sharetea outlet at?
We are looking for master franchises in:
- New Zealand
- The United Kingdom
- Germany
- France
- Portugal
- The Netherlands