Sharetea (Source: VB)

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What to know about Sharetea franchise? The franchise offered is to operate a Sharetea food service establishment offering gourmet coffees and teas, coffee or tea-based beverages, bubble tea, compatible food products, coffee and tea makers and related supplies, accessories and gifts. Sharetea is based in Wilmington, DE. Scroll down to learn more!How much does a Sharetea franchise cost?Are you wondering how much is a Sharetea franchise? Before starting a Sharetea franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Sharetea franchise is $367,900 and can go all the way up to $467,200. Keep in mind, you should also allocate additional funds to live off of while the Sharetea business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Sharetea franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Sharetea business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Sharetea franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.