Question 1

How many Sharetea franchise locations are there?

Accepted Answer

Sharetea currently has 153 total units, including 153 franchised locations and 0 company-owned locations.

Question 2

Is the Sharetea franchise system growing or shrinking?

Accepted Answer

Sharetea has experienced negative net growth of -3.8% over the past year, with a 3-year compound annual growth rate (CAGR) of +1.6%.

Question 3

What is the franchise vs. company-owned ratio for Sharetea?

Accepted Answer

Sharetea has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Sharetea franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Sharetea had 10 units opened and 16 units closed.