Franopolis
    S

    Sharetea

    Franchise research report · reviewed 2025 disclosure data

    Researching Sharetea franchise opportunities? Every figure below is cited to the FDD.

    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.

    Headline figures

    Quick facts

    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); $30,000 for your second and third outlets, the total fee for these same items is reduced to — 30000 (2025 FDD, Item 7, PDF p. 23); $10,000 for er outlet, and for any outlets beyond the fifth, the total fee is discounted to — 10000 (2025 FDD, Item 7, PDF p. 23). 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

    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); $30,000 (your second and third outlets, the total fee for these same items is reduced to — 30000); $10,000 (er outlet, and for any outlets beyond the fifth, the total fee is discounted to — 10000); 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.

    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 4 single-unit formats

    2025 FDD · Item 7

    Formats disclosed in Item 7 (4)

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

    • er outlet, and for any outlets beyond the fifth, the total fee is discounted to — 10000PDF p. 23$10,000
    • your second and third outlets, the total fee for these same items is reduced to — 30000PDF p. 23$30,000
    • 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 ($10,000 – $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
    2024operating lease right-of-use asset$34,686
    2024depreciationMore than one value recorded for this year — open the FDD source before comparing$24,485
    2024total current liabilities$1,402,527
    2024other payablesMore than one value recorded for this year — open the FDD source before comparing$180,198
    2024time depositsMore than one value recorded for this year — open the FDD source before comparing$1,405,235
    2024state tax expense /$1,440
    2024tax recoverableMore than one value recorded for this year — open the FDD source before comparing$130,165
    2024customer depositsMore than one value recorded for this year — open the FDD source before comparing$55,000
    2024operating lease liabilityMore than one value recorded for this year — open the FDD source before comparing-$27,104
    2024net cash generated from operating activities$624,375
    2024investing activities bank interest income received$232,953
    2024acquisition of property and equipment-$22,000
    2024deferred tax assets$173,060
    2024time depositsMore than one value recorded for this year — open the FDD source before comparing$800,000
    2024prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$31,679
    2024interest receivableMore than one value recorded for this year — open the FDD source before comparing$29,649
    2024other receivableMore than one value recorded for this year — open the FDD source before comparing$594
    2024royalty income$3,045,489
    2024sales$6,910
    2024total revenue$4,231,604
    2024operating expenses$2,739,848
    2024non-operating income /$232,953
    2024other income /$13,842
    2024net non-operating income$242,995
    2024income before taxes$1,174,401
    2024income tax expenses$275,028
    2024net income$899,373
    2024property and equipment$21,389
    2024total non-current assets$245,038
    2024total assets$5,965,821
    2024accrued expensesMore than one value recorded for this year — open the FDD source before comparing$175,777
    2024other payablesMore than one value recorded for this year — open the FDD source before comparing$215,244
    2024deferred revenueMore than one value recorded for this year — open the FDD source before comparing$987,654
    2024customer depositsMore than one value recorded for this year — open the FDD source before comparing$1,169,400
    2024deferred revenueMore than one value recorded for this year — open the FDD source before comparing$206,316
    2024operating lease liabilityMore than one value recorded for this year — open the FDD source before comparing$11,680
    2024total non-current liabilities$1,387,396
    2024member's equity contributed capital$200,000
    2024retained earnings$2,975,898
    2024total member's equity$3,175,898
    2024deferred income taxes$19,516
    2024allowance for doubtful debt$105,000
    2024bank interest income-$232,953
    2024doubtful debt$21,049
    2024depreciationMore than one value recorded for this year — open the FDD source before comparing$611
    2024accounts receivableMore than one value recorded for this year — open the FDD source before comparing-$281,933
    2024prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$5,939
    2024other receivableMore than one value recorded for this year — open the FDD source before comparing-$594
    2024interest receivableMore than one value recorded for this year — open the FDD source before comparing-$29,649
    2024tax recoverableMore than one value recorded for this year — open the FDD source before comparing$17,820
    2024accrued expensesMore than one value recorded for this year — open the FDD source before comparing$84,739
    2024deferred revenueMore than one value recorded for this year — open the FDD source before comparing-$206,677
    2024net cash generated from /$1,616,188
    2024net increase /$2,240,563
    2024income taxes$237,692
    2024current federal tax expense$220,017
    2024state tax expense$35,495
    2024deferred federal tax expense /$18,076
    2024deferred revenueMore than one value recorded for this year — open the FDD source before comparing$124,574
    2024allowance for doubtful accountsMore than one value recorded for this year — open the FDD source before comparing$50,418
    2024state taxes$11,114
    2024others-$13,046
    2024cash and cash equivalents - cash in bank$177,960
    2024months)$3,730,000
    2024gross amount$1,025,736
    2024allowance for doubtful accountsMore than one value recorded for this year — open the FDD source before comparing-$205,000
    2024operating lease liabilityMore than one value recorded for this year — open the FDD source before comparing$35,532
    2024short-term lease expenses$26,401
    2024cash paid for amounts included in the measurement$27,104
    2024remaining undiscounted lease payments$37,712
    2024imputed interest-$2,180
    2024non-current portion$11,680
    2023non-current portion$37,820
    2023prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$37,618
    2023income from operations$1,671,225
    2023operating expenses$2,372,597
    2023deferred revenueMore than one value recorded for this year — open the FDD source before comparing-$486,009
    2023time depositsMore than one value recorded for this year — open the FDD source before comparing$2,205,235
    2023accounts receivableMore than one value recorded for this year — open the FDD source before comparing$664,852
    2023operating lease liabilityMore than one value recorded for this year — open the FDD source before comparing$21,016
    2023dividend paid-$1,600,000
    2023net cash generated from operating activities$867,561
    2023total current assets$4,723,087
    2023net non-operating income$185,162
    2023retained earnings$3,676,525
    2023royalty income$3,328,006
    2023deferred tax assets$192,576
    2023accrued expensesMore than one value recorded for this year — open the FDD source before comparing$91,038
    2023cash and cash equivalents$1,667,397
    2023time depositsMore than one value recorded for this year — open the FDD source before comparing-$2,205,235
    2023net cash used in financing activities-$1,600,000
    2023deferred revenueMore than one value recorded for this year — open the FDD source before comparing$268,932
    2023current federal tax expense$382,465
    2023allowance for doubtful accountsMore than one value recorded for this year — open the FDD source before comparing$24,475
    2023state taxes$20,313
    2023gross amount$764,852
    2023remaining undiscounted lease payments$64,816
    2023right-of-use assets obtained in exchange for new$73,453
    2023total cost and expenses$3,078,597
    2023tax recoverableMore than one value recorded for this year — open the FDD source before comparing$147,985
    2023security depositsMore than one value recorded for this year — open the FDD source before comparing$90,000
    2023operating lease liabilityMore than one value recorded for this year — open the FDD source before comparing-$25,984
    2023investing activities bank interest income received$189,886
    2023franchise revenue$1,421,816
    2023total revenue$4,749,822
    2023cost and expenses cost of revenue$706,000
    2023non-operating income /$189,886
    2023interest expenses-$3,045
    2023other income /-$1,679
    2023income before taxes$1,856,387
    2023income tax expenses$454,685
    2023net income$1,401,702
    2023operating lease right-of-use asset$59,171
    2023security depositsMore than one value recorded for this year — open the FDD source before comparing$1,658
    2023total non-current assets$253,405
    2023total assets$4,976,492
    2023other payablesMore than one value recorded for this year — open the FDD source before comparing$35,046
    2023deferred revenueMore than one value recorded for this year — open the FDD source before comparing$1,131,715
    2023total current liabilities$1,278,815
    2023customer deposits$1,114,400
    2023operating lease liabilityMore than one value recorded for this year — open the FDD source before comparing$37,820
    2023total non-current liabilities$1,421,152
    2023total liabilities$2,699,967
    2023member's equity contributed capital$200,000
    2023total member's equity$2,276,525
    2023deferred income taxes-$15,865
    2023allowance for doubtful debt$34,000
    2023bank interest income-$189,886
    2023depreciation$23,954
    2023accounts receivableMore than one value recorded for this year — open the FDD source before comparing$14,078
    2023prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$61,464
    2023tax recoverableMore than one value recorded for this year — open the FDD source before comparing-$73,137
    2023accrued expensesMore than one value recorded for this year — open the FDD source before comparing$8,453
    2023other payablesMore than one value recorded for this year — open the FDD source before comparing$21,746
    2023net cash generated from /-$2,015,349
    2023financing activities payments for dividends-$1,120,000
    2023payments for withholding tax-$480,000
    2023net increase /-$2,747,788
    2023cash and cash equivalents, beginning of the year$4,415,185
    2023income taxes$542,581
    2023state tax expense$88,084
    2023deferred federal tax expense /-$12,051
    2023state tax expense /-$3,813
    2023deferred revenueMore than one value recorded for this year — open the FDD source before comparing$158,760
    2023others-$10,972
    2023cash and cash equivalents - cash in bank$202,397
    2023months)$1,465,000
    2023allowance for doubtful accountsMore than one value recorded for this year — open the FDD source before comparing-$100,000
    2023operating lease liabilityMore than one value recorded for this year — open the FDD source before comparing$58,836
    2023short-term lease expenses$1,801
    2023cash paid for amounts included in the measurement$25,880
    2023imputed interest-$5,980

    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.

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    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.