Sharetea

About Sharetea

Taiwan-based bubble tea brand Sharetea was founded in 1992 and has more than 400 locations across the globe. It has a large presence in the US, Asia and Australia, and has also expanded to Canada and the Middle East. In Europe, it currently has just two sites, both in Prague, but it is looking to expand to the UK. “Mr Cheng Kai-Lung, the founder of Sharetea, was working in the film and TV industry as a director in 1992,” the company said. “Although being a director seems like one of the most glamorous jobs in the world, he was not satisfied yet. He quit his job and started his own tea street vendor business. At first, he encountered many hardships, but instead of giving up, he deeply believed when you have strong faith, big things happen. After all the hard work he put in, Sharetea was adored by the crowd, and that was how the first Sharetea store got started. Our drinks are made from the finest ingredients and use only high-quality tea leaves instead of artificial flavors to produce the best tasting tea. We test the tea leaves and ingredients to ensure our drinks’ consistency. At Sharetea, we have professional R&D team to create recipes with different ingredients to bring out the unique qualities of each tea. We focus greatly on quality and insist on providing authentic Taiwan high mountain tea to deliver great experiences.”

Why franchise with Sharetea

• ✓A Sharetea franchise cost depends on numerous factors such as the size and location of the store, as well as the equipment and supplies needed. However, the minimum liquid capital required to open a Sharetea franchise is $100,000 USD, and the minimum total investment is $300,000 USD. A Sharetea franchisee will receive a comprehensive package that includes everything they need to operate your shop and provide customers with the best bubble tea experience. This includes high quality consistency, marketing strategies, operational support and brand knowledge. The franchise also offers an excellent return on investment capital; a successful track record of expansion; is easy to operate, maintain, manage, and expand; and has an extensive training program and ongoing operational assistance. “Sharetea offers an excellent opportunity for those who want to become their own boss,” the company said. “Our bubble tea franchise program allows you to own and operate your own business. With our support, you’ll have all the resources you need to succeed.
• ✓At Sharetea, we understand that running a business is a big undertaking. That's why we provide all the necessary support to help you set up, manage, and promote your store.”