The initial Franchise Fee is $12,000 to $13,500. You pay this fee when opening a Sharetea franchise.
Sharetea offers franchise opportunities. Our goal is to help you realize your dream of owning and operating a successful business. We provide assistance to help you succeed. Experienced professionals will assist you in operating your Sharetea franchise to maximize your profits.
Based on 2021 Median Franchise Sales of $415,000, and 10% profit margin, the yearly profit is $41,500. The Payback Period = Investment / Yearly Profit. So with a $260,000 investment, it will take approximately 6 years to pay back the initial investment. This time period could vary depending on sales, revenue, and profit.
Initial and Total Investment Costs
The estimated total investment to begin operating ranges from $295,900 to $502,300. Costs include:
- Initial Franchise Fee: $48,000
- Royalty Fee: 6% of gross sales
- Minimum Royalty Fee: $1,200
Approval requires meeting all franchise owner requirements. The initial investment ranges from $386,900 to $492,200 with a $300,000 net worth requirement.
Sharetea started in 1992 in Taiwan. We share a complete system for success with partners who love boba tea. Our priority is food safety and quality. Products are high quality. We help overcome hardships like finding locations, purchasing materials, hiring employees and more. Join us on the shorter path to success.
How much does it cost to own Sharetea?
The total investment necessary to begin operation ranges from $295,900 to $502,300. Costs include:
- Initial Franchise Fee: $12,000 to $13,500
- Royalty Fee: 6% of gross sales
- Minimum Royalty Fee: $1,200
The estimated yearly profit is $41,500 based on Median Franchise Sales of $415,000 and 10% profit margin. With a $260,000 investment, payback is approximately 6 years. Time could vary depending on sales, revenue, and profit.
Approval requires meeting all franchise owner requirements. The initial investment ranges from $386,900 to $492,200 with a $300,000 net worth requirement.