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.
Franchise Costs
6% royalty (min $1,200/mo) + est. 3% marketing fund
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
Key Insights
- #2 largest franchise system in Beverages
- Lower than average SBA loan default rate in Beverages
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
SHARETEA Current | $225K – $555K | $12K | 6.0% | 153 |
| KUNG FU TEA | $169K – $378K | $37K | 4.0% | 385 |
| DING TEA | $195K – $324K | $30K | N/A | 120 |
| FiiZ Drinks | $250K – $775K | $40K | 8.0% | 63 |
| BAMBU | $159K – $328K | $49K | 3.5% | 60 |
| TIGER SUGAR | $306K – $542K | $85K | 7.0% | 47 |
Beverages Average 20 franchises | $281K – $629K | $40K | 5.2% | – |
* 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
+14 more states
SBA Loan History
Historical SBA 7(a) loan data for SHARETEA franchisees (2017 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Due Diligence
Litigation (Item 3)
Protected territory violation and trademark infringement dispute with franchisee Tenmei Group, LLC. Settled.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
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.
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