- Sharetea Australia has operated since 2012 and had 124 franchise businesses as of November 2025, according to the ACCC.
- New store listings quote $270,000 to $350,000. Resale listings have shown a 6% royalty and 3% marketing fee.
- In November 2026 Sharetea paid $39,600 in penalties after ACCC infringement notices over alleged Franchising Code breaches. Read the agreement closely.
Sharetea is a Taiwanese bubble tea brand run in Australia by an Australian company since 2012, founded locally by Teng “Anthony” Mu. It has grown into one of the larger bubble tea networks in the country, with most stores in smaller centres and strips.
Bubble tea is a crowded category. Several brands compete for the same sites, and media reports in 2026 aired franchisee complaints about profitability and supply costs at Sharetea, which the company disputes.
Sharetea franchise at a glance
| Australian operator since | 2012 |
|---|---|
| Network | 124 franchise businesses (ACCC, November 2025) |
| Investment | $270,000 to $350,000 (new store listings) |
| Fees | 6% royalty, 3% marketing (resale listing) |
| Regulatory | $39,600 paid in penalties, November 2026 (ACCC) |
Figures come from the public sources listed at the end of this guide and can change. Treat them as a starting point and confirm current numbers in the franchise disclosure document.
How the Sharetea model works financially
Stores sell made-to-order tea drinks with high gross margins per cup. Volume matters: profit depends on cups per hour at peak times and keeping labour lean in quiet periods.
Ingredients must be bought through approved suppliers. Former franchisees quoted in 2026 media reports alleged some items cost far more than independent suppliers charge. Sharetea said most stores trade profitably.
In November 2026 the ACCC said Sharetea paid two infringement notices. It alleged agreements required franchisees to pay Sharetea’s dispute costs, and that cooling-off terms may have let it keep money for expenses it hadn’t incurred.
The numbers to test before you buy a Sharetea franchise
- Cups sold per day and average transaction value, by month.
- Cost of goods from approved suppliers, compared with market prices where possible.
- Wages as a percentage of sales at your planned hours.
- Rent and outgoings as a percentage of sales.
- Royalty, marketing fee and any minimum royalty.
- Any requirement to stock new drinks and ingredients.
- The current agreement’s dispute, cooling-off and termination clauses, reviewed by a franchise lawyer.
Buying an existing Sharetea business
Sharetea resales are common and prices vary widely. Listings have ranged from about $69,000 plus stock for an outlet centre store to much higher figures for strong sites. A low price can reflect weak trading.
Ask for 24 months of POS reports, BAS and supplier invoices, and check the lease. Request the franchisor’s consent conditions for the transfer in writing.
How Franchise Co. can help with a Sharetea purchase
We work with buyers and owners of franchise businesses across Australia. For a Sharetea business we can:
- Review the numbers before you sign. Our business due diligence starts from $2,000 + GST and tests the sales, costs and lease behind the asking price.
- Set up the structure and the books. Entity choice, GST, payroll and a chart of accounts that matches how the franchisor reports. See accounting and tax and bookkeeping, BAS and payroll.
- Check your franchise fees. We reconcile royalties and levies to the sales they are calculated on. See royalties and franchise fees.
- Plan the next site. If a second store is on the cards, we model the cash flow and funding first. See multi-site reporting.
Sharetea franchise FAQs
How much does a Sharetea franchise cost?
New store listings quote about $270,000 to $350,000. Confirm current costs in the disclosure document.
What royalty does Sharetea charge?
A resale listing showed a 6% royalty and 3% marketing fee. Check the current agreement.
Are there Sharetea franchises for sale?
Yes. Existing Sharetea stores are listed regularly on business-for-sale sites.
Has the ACCC taken action against Sharetea?
Yes. In November 2026 Sharetea Australia paid $39,600 after the ACCC issued two infringement notices for alleged Franchising Code breaches. Paying an infringement notice isn’t an admission of a breach.
Franchise Co. is an independent accounting practice. We aren’t affiliated with, endorsed by or connected to Sharetea. Sharetea is a trademark of its owner and is used here only to identify the brand this guide discusses.
Sources and further reading
- Sharetea pays thousands in penalties for alleged breaches, Mediaweek (November 2026)
- Sharetea Australia franchisees allege system profits from losses, ACM
- SEEK Business: Sharetea listings
- ACCC: Franchise disclosure document
Sources checked November 2026. Franchise costs and fees change. Confirm current figures with the franchisor before acting.
This guide is general information for people considering a franchise in Australia. It doesn’t take your circumstances into account and isn’t personal tax, legal or financial advice.
Talk it through
Every franchise is different. Ask us how this applies to yours.
