Another boba-focused concept, Sharetea was started in Taiwan in 1992 by a former television director who started selling teas as a street vendor. One of the largest chains on this ranking, Sharetea finished 2023 with 161 locations and $64 million in system sales. Those sales increased 17.6% last year.
| Location | New York City, N.Y. |
|---|---|
| 2023 Systemwide Sales ($000,000) | $64 |
| YOY Sales Change | 18.0% |
| 2023 U.S. Units | 161 |
| YOY Unit Change | 10.0% |
| Future 50 Year | 2024 |
| Franchising | Yes |
*Technomic estimate
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