Establishing a Sharetea franchise could be the perfect career if you prefer to work in the service business with a popular product and a low initial investment.
The Sharetea brand continues to grow in popularity among its target demographic.
The best tea necessitates the best ingredients, and Sharetea insists on nothing but the best for you.
About Sharetea
In 1992, the first Sharetea franchise store opened in Taipei City. Sharetea began by selling black tea and pearl milk tea drinks to go.
It has grown to become a prominent Taiwanese bubble tea brand with several outlets and franchises worldwide.
Elevated tea leaves and carefully chosen components make Sharetea drinks sent straight from Taiwan. All goods are assured to deliver fresh and delicious.
Sharetea tests the tea leaves and other ingredients each growing season to ensure product accuracy and reliability.
The Sharetea brand keeps growing in popularity among its target demographic.
Sharetea History
Cheng Kai-Lang launched Sharetea in Taipei, Taiwan, in 1992, selling to-go black tea and pearl milk tea products.
Since then, the organization has included 18 countries and over 450 locations.
Tea leaves from the company are still being supplied straight from Taiwan to retailers worldwide.
Sharetea Franchise Model
| Investment | $260,000 |
| Royalty fee | 5 percent of Gross Sales |
| Franchise fee | $22,500 |
| Industry | Food |
| Area Requirement | N/A |
| Total Outlets | 450 |
Sharetea Mission
The objective of Share Tea is to bring the most authentically Taiwanese tea-drinking culture to the rest of the world!
So far, Share tea has established itself as a well-known Bobatea brand in the Bay Area, and it also holds the No. 1 market share in California, with a total of 15 licensed locations.
While Sharetea originated in Taiwan, the company now has a global presence.
It means that clients from their other stores worldwide are becoming your customers if they happen to be passing through your area.
Sharetea’s mission is to provide clients with high-quality milk teas at affordable costs.
All Sharetea beverages are produced with the freshest, most natural, and healthiest ingredients. You become healthier the more you drink.
Sharetea, which now has over 300 locations worldwide, continues to win customers’ hearts by ensuring the flavor and purity of the milk teas offered.
Every cup that is produced ensures a great Sharetea Experience.
Key Takeaways
- Processing investment return capital Proven expansion track record
- It’s simple to use, maintain, administer, and extend. Several of our franchisees have multiple locations
- Comprehensive training and ongoing operational support
- Feel free to contact customer care or send an email if you have any questions
Sharetea Financial Assistance
Share Tea offers connections with third-party lenders who can help finance things like the franchise fee, startup expenditures, equipment, merchandise, receivable accounts, and employment, among other things.
Please keep in mind that they can also help with procurement and supplier qualifications.
Through long-term connections with well-respected purveyors, you’ll be able to reap the benefits of procurement contracts, providing you accessibility to national buying power.
Sharetea Comparison
| Company | Sharetea | Kung Fu Tea |
|---|---|---|
| Founded In | 1992 | 2009 |
| Initial Investment | $260,000 | $123,000 – $422,000 |
| Franchise-Fee | $22,500 | $37,000 |
| Total Outlets | 450 | 200 |
| Annual Revenue | $65 Million | $27.2 billion |
Frequently Asked Questions
What kind of sugar is used in Sharetea?
Brown sugar
Sharetea uses what kind of tea?
Oolong Tea, Brewed
What is sharing tea pudding?
Taro-flavored creamy drink with a sweet pudding flavor served with ice for a refreshing feel.
Does Sharetea use real taro?
Most tea shops use artificial taro powder rather than actual taro milk; therefore, finding real taro milk is rare.
Is Sharetea a franchise?
Yes, Sharetea is a franchise organization.
How much does a Sharetea franchise cost?
The franchise fee for a Sharetea franchise is $22,500, and the investment cost ranges from $$386,900- $492,200.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.