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SHARETEA

Sharetea is a franchise that allows operators to open tea shops offering gourmet coffees and teas, tea- and coffee-based beverages, bubble tea, compatible food products, and related supplies, accessories, and gifts under the proprietary Sharetea System, which includes specific designs, menus, and operational standards. The business model focuses on franchising these standardized tea shops in the United States, with affiliates handling company-owned and international locations. It targets the general public in a highly competitive beverage and snack market, competing with local businesses, national chains, grocery stores, and convenience outlets.

Since 2015Food & BeverageWilmington, DELian Fa International Dining Business Corporation
No Item 19SBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$224,600 - $555,400
Franchise Fee
$12,000
Locations
153

Financial Requirements

Franchise Fee$12,000
Initial Investment Range$224,600 - $555,400
Royalty Rate6.00%
Brand Fund3.00%
0

6% royalty (min $1,200/mo) + est. 3% marketing fund

Franchise Stats

Franchise Locations153
Corporate Locations0
States Operating30
Franchising Since2015
FDD Year2025

Financial Performance

Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How SHARETEA Compares to Other Beverages Franchises

Key Insights

  • #2 largest franchise system in Beverages
  • Lower than average SBA loan default rate in Beverages
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
SHARETEA
Current
$225K - $555K$12K6.0%153
KUNG FU TEA$169K - $378K$37K4.0%385
DING TEA$195K - $324K$30KN/A120
FiiZ Drinks$250K - $775K$40K8.0%63
BAMBU$159K - $328K$49K3.5%60
TIGER SUGAR$306K - $542K$85K7.0%47
Beverages Average
20 franchises
$281K - $629K$40K5.2%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 20 Beverages franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States by Outlet Count
1CA
55
2TX
25
3WA
17
4OR
6
5NC
6
6NV
5
7CO
4
8OK
3
9PA
3
10HI
3
11VA
3
12KY
3
13UT
3
14LA
2
15IL
2

+14 more states

SBA Loan History

Historical SBA 7(a) loan data for SHARETEA franchisees (2017 - 2025)

Total Loans
31
Average Loan Amount
$393,365
Total Loan Volume
$12,194,300
Default Rate
3.2%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases1

Protected territory violation and trademark infringement dispute with franchisee Tenmei Group, LLC. Settled.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
10
Non-Renewals
5
Reacquired by Franchisor
0
Ceased Operations (Other)
0
System Transfers
9
Sold to Franchisees
0
Projected New Franchises
26

Frequently Asked Questions

How much does it cost to open a SHARETEA franchise?

The total initial investment to open a SHARETEA franchise ranges from $224,600 to $555,400. This includes a franchise fee of $12,000. Ongoing royalty fees are 6.0% of gross sales.

How many SHARETEA franchise locations are there?

As of the 2025 FDD, SHARETEA has 153 franchise locations. The company has been franchising since 2015.

Can you get an SBA loan for a SHARETEA franchise?

Yes, SBA loans are available for SHARETEA franchises. Historical data shows 31 SBA 7(a) loans have been approved for SHARETEA franchisees, with an average loan amount of $393,365. The historical default rate is 3.2%.

Is SHARETEA a good franchise to buy?

SHARETEA shows several positive indicators: established brand with 153+ locations, low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in SHARETEA?

Talk to a franchise advisor to get personalized guidance and learn if SHARETEA is the right fit for you.

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