Founded in 1992 in Taipei, Taiwan, Sharetea specializes in authentic bubble tea beverages. The company began franchising in 2010 and has expanded to over 450 locations across 13 countries.
Sharetea offers a diverse menu, including classic milk teas, fruit teas, and ice-blended drinks, all crafted with high-quality ingredients sourced directly from Taiwan.
Sharetea distinguishes itself by maintaining traditional Taiwanese tea-making techniques, ensuring authentic flavors in every cup.
The franchise provides comprehensive training and ongoing support to franchisees, promoting consistent quality and customer satisfaction. With a focus on innovation and authenticity, Sharetea continues to grow, bringing the rich culture of Taiwanese bubble tea to a global audience.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Sharetea provides an initial training program for franchisees and their designated representatives. This program is mandatory and must be completed successfully before opening a new Tea Shop. The training includes two main phases:
Franchisees are responsible for covering salaries, accommodations, and travel expenses for themselves and their employees during the training. Sharetea may also require retraining at the franchisee's expense if operational standards are not met initially.
Sharetea offers its franchisees a form of limited territory protection. For traditional locations, franchisees are granted a "Protected Territory," which is defined as the smaller area within a 7-mile radius of the franchise location or within the same zip code, city, or county.
Within this Protected Territory, Sharetea will not establish another franchise or company-owned location, ensuring a degree of market exclusivity. However, this protection does not extend to non-traditional locations such as airports, major shopping malls, or food courts, where Sharetea reserves the right to operate or grant franchises.
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Below are some of
Sharetea
key competitors in the
Coffee & Tea
sector.
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