Franopolis

    Sharetea

    Franchise research report · reviewed 2025 disclosure data

    Reviewed sources

    Sharetea operates shops selling tea-based beverages, including milk tea and fruit tea, with optional toppings such as tapioca pearls. Its customers are people seeking prepared tea and specialty beverage drinks.

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    Headline figures

    Sharetea quick facts

    Is Sharetea a franchise?
    Yes. Sharetea offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 153 franchised and 0 company-owned outlets (2025 FDD, Item 20, PDF p. 60).
    How much does it cost to open a Sharetea franchise?
    The Sharetea Franchise Disclosure Document reports separate estimated initial investments by format: $648,800 for third party total: $648,800–$1,460,200 (2025 FDD, Item 7, PDF p. 23); $224,600 for third party total: $224,600–$555,400 (2025 FDD, Item 7, PDF p. 21). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the Sharetea initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $12,000 (2025 FDD, Item 5, PDF p. 11). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Sharetea charge?
    The disclosed ongoing royalty is $1,200 (2025 FDD, Item 6, PDF p. 17). Other recurring fees are listed in Item 6. Details
    Does Sharetea disclose financial performance (Item 19)?
    No. The reviewed Sharetea FDD states that it does not make a financial performance representation in Item 19. Details
    How many Sharetea locations are there?
    The FDD reports 153 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 60). Existing locations do not indicate territory availability. Details
    Is Sharetea a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 makes no financial performance representation, so ask current owners about results; Item 20 lists outlet openings, closures and transfers; Item 6 lists every recurring fee beyond royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2025 FDD (Item 7) estimates opening costs separately by format: $648,800 (Third Party Total: $648,800–$1,460,200); $224,600 (Third Party Total: $224,600–$555,400); several initial fee options apply.
    2. 2The franchisor makes no financial performance representation in Item 19.
    3. 3Outlets declined by 6 in 2024, to 153 (United States, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Franchises under $250kOther brands whose disclosed Item 7 low end fits this budget.Compare outlet trendsPut Item 20 counts side by side with up to 3 other brands.

    Sharetea head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    ShareteaVSSmoothie King
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    ShareteaVSJamba
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    ShareteaVSKung Fu Tea
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    ShareteaVSNekter Juice Bar
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    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 2 single-unit formats

    2025 FDD · Item 7

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose.

    • Third Party Total: $224,600–$555,400PDF p. 21$224,600
    • Third Party Total: $648,800–$1,460,200PDF p. 23$648,800

    Standard single-unit franchise fee

    2025 FDD · Item 5 · PDF p. 11
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Area developer — 1) Amount Due Date Remarks Royalty Fees 6% of Gross Monthly Revenues , minimum — 1200Main ongoing fee

    21 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    No financial performance representation in Item 19

    The reviewed 2025 FDD for Sharetea has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of 2024 of each year.

    2025 FDD · Item 20 · PDF p. 60

    Net +153 outlets, 2022–2024

    00202215920231532024+159−6

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2025 Item 7 estimate ($224,600 – $648,800) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Sharetea reports no financial performance figures in Item 19. What information can you share about unit-level results?

    • Reported units decreased from 159 to 153 in 2024. What drove the change?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2025 FDD)

    1. [1]Standard initial franchise fee — Item 5 · PDF p. 11
    2. [2]Outlet counts — Item 20, Table 1 · PDF p. 60

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    106 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2024total current assets$5,720,783
    2024security depositsMore than one value recorded for this year — open the FDD source before comparing-$14,245
    2024total cost and expenses$3,300,198
    2024income from operations$931,406
    2024interest expenses-$3,800
    2024franchise revenue$1,179,205
    2024cash and cash equivalents$3,907,960
    2024cost and expenses cost of revenue$560,350
    2024accounts receivableMore than one value recorded for this year — open the FDD source before comparing$820,736
    2024security depositsMore than one value recorded for this year — open the FDD source before comparing$15,903
    2024operating lease liabilityMore than one value recorded for this year — open the FDD source before comparing$23,852
    2024total liabilities$2,789,923

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.

    Smoothie KingJambaKung Fu TeaNekter Juice BarSwigTasti D-Lite

    Head-to-head comparisons

    Sharetea vs Smoothie KingSharetea vs JambaSharetea vs Kung Fu TeaSharetea vs Nekter Juice BarSharetea vs SwigSharetea vs Tasti D-Lite
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 20 · PDF p. 60 · 2025 FDD

      Our summary: Table 1 Franchised 2023 — Start

      “Table 1 Systemwide Outlet Summary for Year 202 2 to 202 4 Outlet Type Year Outlets at the Start of the year Outlets at the End of the Year Net Change Franchised 202 2 124 1 46 +2 2 202 3 1 46 1 59 + 13 202 4 1 59 1 53 - 6 Company - Owned 202 2 0 0 0 202 3 0 0 0 202 4 0 0 0 Total Outlet 202 2 124 1 46 +2 2 202 3 1 46 1 59 + 13 202 4 1 59 1 53 - 6 ”

      Note: The cited page text splits digits (e.g. '1 46' and '1 59'). The verifier rejected the correction because 146 and 159 do not appear verbatim in the available quote.

    • Item 20 · PDF p. 60 · 2025 FDD

      Our summary: Table 1 Franchised 2023 — End

      “Table 1 Systemwide Outlet Summary for Year 202 2 to 202 4 Outlet Type Year Outlets at the Start of the year Outlets at the End of the Year Net Change Franchised 202 2 124 1 46 +2 2 202 3 1 46 1 59 + 13 202 4 1 59 1 53 - 6 Company - Owned 202 2 0 0 0 202 3 0 0 0 202 4 0 0 0 Total Outlet 202 2 124 1 46 +2 2 202 3 1 46 1 59 + 13 202 4 1 59 1 53 - 6 ”

      Note: The cited page extraction splits the 2023 outlet counts (e.g. '1 59'); the exact quote cannot support the required complete numeric row.

    • Item 20 · PDF p. 60 · 2025 FDD

      Our summary: Table 1 Franchised 2022 — Start

      “Table 1 Systemwide Outlet Summary for Year 202 2 to 202 4 Outlet Type Year Outlets at the Start of the year Outlets at the End of the Year Net Change Franchised 202 2 124 1 46 +2 2 202 3 1 46 1 59 + 13 202 4 1 59 1 53 - 6 Company - Owned 202 2 0 0 0 202 3 0 0 0 202 4 0 0 0 Total Outlet 202 2 124 1 46 +2 2 202 3 1 46 1 59 + 13 202 4 1 59 1 53 - 6 ”

      Note: The cited page text splits digits (e.g. '1 46'). The verifier rejected the correction because 146 does not appear verbatim in the available quote.

    • Item 20 · PDF p. 60 · 2025 FDD

      Our summary: Table 1 Franchised 2024 — End

      “Table 1 Systemwide Outlet Summary for Year 202 2 to 202 4 Outlet Type Year Outlets at the Start of the year Outlets at the End of the Year Net Change Franchised 202 2 124 1 46 +2 2 202 3 1 46 1 59 + 13 202 4 1 59 1 53 - 6 Company - Owned 202 2 0 0 0 202 3 0 0 0 202 4 0 0 0 Total Outlet 202 2 124 1 46 +2 2 202 3 1 46 1 59 + 13 202 4 1 59 1 53 - 6 ”

      Note: The cited page extraction splits the 2024 outlet counts (e.g. '1 59' and '1 53'); exact quotes cannot support the required complete numeric row.

    • Item 20 · PDF p. 60 · 2025 FDD

      Our summary: Table 1 Franchised 2024 — Start

      “Table 1 Systemwide Outlet Summary for Year 202 2 to 202 4 Outlet Type Year Outlets at the Start of the year Outlets at the End of the Year Net Change Franchised 202 2 124 1 46 +2 2 202 3 1 46 1 59 + 13 202 4 1 59 1 53 - 6 Company - Owned 202 2 0 0 0 202 3 0 0 0 202 4 0 0 0 Total Outlet 202 2 124 1 46 +2 2 202 3 1 46 1 59 + 13 202 4 1 59 1 53 - 6 ”

      Note: The cited page extraction splits the 2024 outlet counts (e.g. '1 59' and '1 53'); exact quotes cannot support the required complete numeric row.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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