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Contents
How much profit does a Subway franchise owner make?
The average Subway franchise generates around $400,000 in revenue, with profit averaging around $41,000 per year.
Is Subway a good investment UK?
You can expect to invest a total of around £200,000 in your Subway store. While this sounds like a lot of cash, the sandwich brand offers good value for money, as it’s one of the most affordable franchises to buy based on its size and reputation.
How much does a Subway make UK?
Average Subway hourly pay ranges from approximately £7.50 per hour for Overnight Closer to £10.81 per hour for Delivery Driver. The average Subway salary ranges from approximately £15,177 per year for Assistant Manager to £32,082 per year for Warehouse Lead.
How much does a single Subway make a year?
A Subway restaurant, on average, generates $417,000 in sales annually, compared to $2.7 million in average annual revenue for McDonald’s restaurants, according to QSR magazine.
Is owning a Subway franchise a good investment?
The Bottom Line
With the benefits of an established business, low startup costs, and parent company support, a Subway franchise is a good option for entrepreneurs interested in opening a franchise business.
Do franchise owners make a lot of money?
Warning. Buying a franchise might seem like easy money, but those royalties and fees will quickly cut into profit margins. The majority of franchise owners earn less than $50,000 per year.
What is the most profitable franchise in the UK?
- Cleaning and home improvement services. …
- Gardening services. …
- Financial services. …
- Home care services. …
- Fitness services. …
- Removals and waste removal services. …
- Pest control.
How much does it cost to open Subway UK?
| Franchise fee | £8,500 |
|---|---|
| Minimum investment | £45,000 – £110,000 |
| Total investment | £85,570 – £221,240 |
| Royalty fee / Management fee | 8% |
| Advertising fee | 4.5% |
How much is a McDonald’s franchise UK?
For 80% of restaurants franchised in 2018 the cost of purchasing the franchise rights and equipment was between £350k and £1,85 million* and this was priced on profitability over a 10 year period. *These prices are based on buying the right to run a McDonald’s company-owned restaurant.
How much is a KFC franchise UK?
On the Kentucky Fried Chicken UK website, the company states that aspiring franchise owners must have £5 million in assets and £2 million in liquid capital. The franchise fee, which is payable upfront, is approximately £38,000.
How much does a Domino’s franchise make UK?
Outlets generate average sales per week of £14,000, which produce a profit for franchisee of just over £2,000 a week — around £115,000 per year. The average Domino’s franchisee owns 4.5 outlets, producing around £500,000 of income in total, and stays around for well in excess of 10 years.
How do franchise owners get paid?
A franchisor makes money from royalties and fees paid by the franchise owners. A franchise owner makes money through profits received from sales and service transactions. This is generally the left over amount of money received from revenue after overhead costs are taken out.
How much do franchise owners make a year?
On average, franchise owners in the restaurant industry take home about 82,000 dollars a year. However, the start-up cost can be anywhere between 100,000 dollars and a million dollars.
What franchise makes the most money?
According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own.
How much do franchise owners make a year?
On average, franchise owners in the restaurant industry take home about 82,000 dollars a year. However, the start-up cost can be anywhere between 100,000 dollars and a million dollars.
How much does a McDonald’s franchise owner make a year?
Franchise owners make a good income
Some McDonald’s franchise owners are naturally going to make more than others, but most franchise owners still pull in an estimated yearly profit of roughly $150,000 (via Fox Business).
How much profit does chick fil a franchise owner make?
Most fast food companies don’t make it widely known just how much their franchise owners earn a year, but that doesn’t mean it’s not possible to get a pretty good idea. According to the franchise information group, Franchise City, a Chick-fil-A operator today can expect to earn an average of around $200,000 a year.
What franchise makes the most money?
According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own.
Subway Franchise Cost, Fee & Profit Information – UK Franchise
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Subway
Subway Franchise Stats
About Subway Franchise
Potential of Subway Franchise
Subway Franchise Cost & Fee Information
How to Apply for Subway Franchise
Subway Franchise Training and Support
Subway Franchise Profit Estimates
Subway Franchise Contact Information
Frequently Asked Questions
How Much Do Franchise Owners Make? | Epos Now
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- Summary of article content: Articles about How Much Do Franchise Owners Make? | Epos Now Updating …
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Franchise owner salary a mixed bag
The average income of five famous franchises
Item 19 a key factor to consider during research
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Q&A: Does Subway Franchise in the UK?
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- Summary of article content: Articles about Q&A: Does Subway Franchise in the UK? Updating …
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Does Subway franchise
History of Subway
Starting a Subway franchise unit
Get started today!
Subway salaries: How much does Subway pay in the United Kingdom? | Indeed.com
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- Summary of article content: Articles about Subway salaries: How much does Subway pay in the United Kingdom? | Indeed.com Updating …
- Most searched keywords: Whether you are looking for Subway salaries: How much does Subway pay in the United Kingdom? | Indeed.com Updating Average Subway hourly pay ranges from approximately £7.50 per hour for Overnight Closer to £10.78 per hour for Delivery Driver. The average Subway salary ranges from approximately £13,000 per year for Shift Leader to £32,082 per year for Warehouse Lead.
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Average salaries at Subway
Retail
Driving
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Browse all Subway salaries by category
How much does Subway in the United Kingdom pay
Salary satisfaction
Questions about Subway
How Much Does It Cost to Open a Subway Restaurant?
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- Most searched keywords: Whether you are looking for How Much Does It Cost to Open a Subway Restaurant? Updating Subway startup costs range from $116,000 to $263,000. McDonald’s startup expenses can cost up to $2.2 million, by comparison.
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Why is it bad to invest in a Subway franchise? | UK Business Forums
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- Summary of article content: Articles about Why is it bad to invest in a Subway franchise? | UK Business Forums There is no requirement to earn minimum wage, indeed as has been mentioned you could end up working 18 hour days 7 days a week for zero income. …
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I am a newbie, so please bear with me, if my questions doesn’t make much sense! I am not a business man!
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How much is a subway franchise uk? – icsid.org
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- Summary of article content: Articles about How much is a subway franchise uk? – icsid.org The brand has 2428 stores throughout the United Kingdom and typically makes about $490k or £381k profit per store annually according to QSR … …
- Most searched keywords: Whether you are looking for How much is a subway franchise uk? – icsid.org The brand has 2428 stores throughout the United Kingdom and typically makes about $490k or £381k profit per store annually according to QSR …
- Table of Contents:
How much can a Subway franchise owner earn
How much is it to buy a Subway franchise
How much does a Subway franchise cost in UK
How much money can you make as a Subway franchise owner
How much does Subway cost to franchise
How much do Subway franchise owners make UK
How much does a Subway owner make annually
How much do franchise owners make UK
How much profit does a Subway franchise make
Do Subway owners make money
Is it worth owning a Subway franchise
How much do franchise owners make a year
How much do McDonald’s owners make a year
How much profit do franchise owners make
Do franchise owners make a lot
Is owning a Subway franchise profitable
how much is a subway franchise uk
Is a Subway franchise a good investment UK
How much is it to buy a Subway franchise
How much does Subway franchise cost
How much profit does a Subway franchise make
How much do franchise owners make UK
How much does it cost to open a Subway franchise UK
How much money can you make owning a Subway
Can you get rich from owning a franchise
How do you get a Subway franchise
How much does it cost to buy a Subway franchise in Australia
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10 Reasons why you should NOT Invest in a Subway Franchise! –
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Here are our 10 reasons why we don’t think you should invest in a Subway Franchise
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How much revenue does a subway franchise make? – JacAnswers
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How much revenue does a subway franchise make – Related Questions
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Q&A: Does Subway Franchise in the UK?
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Does Subway franchise
History of Subway
Starting a Subway franchise unit
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Subway Franchise Information – Find out more about Subway Franchise
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Subway Franchise Cost, Fee & Profit Information
In the world where Obesity is a Global problem and Diabetes a Global Health History, We advise you to Keep Calm and Eat Fresh. Are you ready to take up the challenge of serving humanity with fresh veggies and freshly baked breads? Yes, if you are looking for opening a Subway Franchise you have knocked the right doors. We are here to provide you each and every minute detail about the Potential, Cost, Investment, Franchise Fee and Profit estimates of opening a Subway franchise especially in UK.
Subway has passionately believed in franchising its restaurants with a Global strategy to be number one in Quick Service Restaurant in the World. It is also on a mission mode in United Kingdom of saving hearts in collaboration with Heart Research UK. Therefore become a part of the Subway Family and help save humanity from heart diseases by serving them one of the healthiest, freshly baked and tastiest Subs.
Subway Franchise Stats
MINIMUM INVESTMENT EUR 85,570
TOTAL INVESTMENT EUR 221,240
FUNDING SUPPORT YES
FRANCHISE FEES EUR 8,500
BUSINESS CATEGORY Fast Food
TRAINING PROVIDED YES
About Subway Franchise
“Let’s open a submarine sandwich shop.” These were the words uttered by Peter Buck, a nuclear physicist by profession, to college freshman Fred DeLuca. The suggestion so given was to help pay Fred DeLuca’s tuition fee. It was Peter who initially provided $1000, and from here on a business relationship was forged between Peter Buck and Fred DeLuca which eventually went on to become a Global hit in the fast food Industry.
It was in August 1965 when the first store was opened in Bridgeport, Connecticut. From here on a goal of having 32 stores in next 10 years was envisaged. Subway stores believe in the importance of serving a well-made and a high-quality food. It also believes in serving customers with excellent services by keeping operating costs low, faster food deliveries and finding great locations. This forms the basis of successfully running SUBWAY stores around the world.
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Do you know that SUBWAY is the world’s largest submarine sandwich chain? Yes you heard it right it has its eatery outlets at more than 44,000 locations around the world. Subway is undoubtedly the first choice of people who ought to seek quick and nutritious meals. Each sub is made with care and can be customized by the client as per his/her requirement.
Potential of Subway Franchise
In United Kingdom alone 2428 Subway outlets are being run successfully. The Subway brand is successfully running a multi-billion pound business. The Subway® UK is passionately looking out for new Franchise partners to expand their reach in the island nation. Subway® is ambitiously seeking new members to help expand their reach worldwide. Hence don’t lose out the chance to board this successful bus and become a part of the success story.
Subway Franchise Cost & Fee Information
Since Subway® is actively looking out for new franchise members to expand their reach; it becomes important to know what skills they are looking for, in a new member Franchise.
They expect the following attributes to be present in the member Franchise:
A franchise must be passionate about the Subway ® brand along with a proper understanding of the market.
brand along with a proper understanding of the market. Must be a Good motivator.
Must possess or attain a good business acumen and awareness.
Franchise Must be organized.
Must know or learn effective time-management skills.
Able to articulate well.
Must be people-person.
Should be a good listener.
Must also be an effective communicator.
Must possess a professional outlook.
In order to maintain a certain level of standardization worldwide, the Subway® brand offers both the full support as well as training at the beginning and on an ongoing basis. This forms an essential support network for you to master the business.
The Subway® brand has the lowest start-up costs in the industry. The total amount of investment will depend on the location, rent, size, equipment and extent required. The validity for a Franchise agreement is for 20 years and is renewable for 20 years (subject to terms and conditions).
As per the Subway standards they would want you to have 50% of the total capital requirements available in cash and the rest as collateral to obtain funding from the creditor. As per Subway’s lender preferences below is the list of lenders’ links that can offer support to you:
1) https://www.business.natwest.com/business.html
2) https://www.business.rbs.co.uk/business.html
3) https://www.lombard.co.uk
4) https://www.business.hsbc.uk/
5) https://business.bankofscotland.co.uk/
The franchise fee is £8,500 for Franchise outlets. Despite its size and stature it is one lowest in the fast food Industry.
Apart from the Franchise fee, one is also supposed to pay the following:
Royalty fee to the brand which is based on gross sales minus sales tax and is 8%.
Advertising fee of 4.5% is to be paid to the ‘Franchisee Advertising Fund’.
An estimated total Investment is to be made somewhere between £85,570 and £221,240.
How to Apply for Subway Franchise?
There are precisely 5 steps required to be the part of Subway Family.
These are:
1) Research the Market : Subway requires you to go through and do some research in UK as well as in Ireland regarding the Franchise opportunity and be assured of a potential location for the store.
2) Investigate the already successfully running Franchises: Subway is the only brand which wants you to explore both the pros and cons if any before planning to open a Franchise. It is always better to learn the knowhow of the Business you are about to associate with.
Note: You can read the Franchise case studies at the following link:
Read Subway franchisee case studies >>
3) Apply by filling and Application Form: Click https://subapps1.subway.com/AdditionalInfoApp/index.aspx?LC=ENG&CC=GBR and fill in each and every required detail. And then click on ‘Send’.
It is to be noted here that just by filling the form you are no way obliged to open a Franchise nor Subway is obligated to provide you the right to do so. It is a mere initial process before you actually proceed further. Upon receiving the receipt you will be intimated with further instructions and information about the process.
4) Review the disclosure document: Now is the time to manage funds required to purchase a Franchise. So review your disclosure document with your financial advisor.
5) Finally Join the Brand : After completing all the above steps you are on board with Subway.
Note: You can also attend the Subway seminars regarding the Franchise opportunities and Training by enrolling yourself at the following link:
Join subway at a seminar >>
Subway Franchise Training and Support
Any new Subway® franchise is mandatorily required to attend the training course provided by Subway. This will be a two-week process to be held at Cambridge. This will be an intensive training and shall provide you deeper insights of how to successfully run the Subway store. The sessions of training will include both the classroom as well as in-store sessions. Once you are done with the training you will now be equipped with all the necessary equipments to run the store.
Subway also provides online training to its new members. You will be delighted to know that Subway in collaboration with Franchise World Headquarters in Connecticut, USA successfully runs University of Subway. It offers varied courses ranging up to 400 online courses for both the new Franchise members and the store staff. Therefore Subway as a brand has retained its quality due to its extensive support network it provides to its new Franchise Members.
Subway Franchise Profit Estimates
With the wide reach of 2428 stores across the United Kingdom, Subway makes pretty decent profit annually ranging up to $490k or £381k per store annually according to QSR Magazine. Also with the kind of such low initial set up cost earning such a profit is very well justified to invest in the brand.
Subway Franchise Contact Information
You can type your query on the following link:
https://www.subway.com/en-GB/ContactUs/HowCanWeHelp
UK & Ireland contact details:
For franchise enquiries, you may contact the following numbers.
If you are interested in joining the Subway® franchise team:
Tel: (UK) 0800 0855058
Tel: (Republic of Ireland) 1800 413076
Frequently Asked Questions
1) Can you open a Subway Franchise?
~ Of course yes, there are 2428 successfully running Subway stores in UK, mostly operated by Franchises and the Subway® brand is successfully running a multi-billion pound business.
2) How much is the Subway Franchise fee in the UK?
~ The franchise fee is £8,500 for Franchise outlets. Despite its size and stature it is one lowest in the fast food Industry.
3) Is it safe to invest in Subway?
~ In United Kingdom alone 2428 Subway outlets are being run successfully. The Subway® brand is successfully running a multi-billion pound business. The Subway® UK is passionately looking out for new Franchise partners to expand their reach in the island nation.
4) What is the minimum profit one can expect by the end of the year?
~ Subway makes pretty decent profit annually ranging up to $490k or £381k per store annually according to QSR Magazine. Also with the kind of such low initial set up cost earning such a profit is very well justified to invest in the brand.
5) What are different kinds of costs apart from initial investment involved in opening a Subway Franchise outlet?
~The franchise fee is £8,500 for Franchise outlets. Despite its size and stature it is one lowest in the fast food Industry.
Apart from the Franchise fee, one is also supposed to pay the following:
Royalty fee to the brand which is based on gross sales minus sales tax and is 8%.
Advertising fee of 4.5% is to be paid to the ‘Franchisee Advertising Fund’.
6) What is the approx total investment required?
~ Approximately the total investment hovers between £85,570 and £221,240.
How Much Do Franchise Owners Make?
If you want to start a business but need a helping hand, buying a franchise may be a wise move. Under this agreement, you can open an established business and get the full support of the managing company. As a potential franchisee, you simply pay a few startup costs, and the franchiser will give you everything you need to open your business and begin making sales.
Franchise Business Review reports that the average franchise owner makes around $80,000 per year. However, this number is merely an average, with many people making below and above that figure.
Let’s see how much franchise owners make to see if running a franchise is a smart move.
Franchise owner salary: a mixed bag
In the survey mentioned above, 28,500 franchise owners reported their income and some other demographic data. After researchers combed through the findings, they found some outliers had skewed the data. For example, the top 7% of owners earned over $250,000 per year, pulling up the average number by quite a bit.
After adjusting the results for these outliers, the actual average income for franchise owners was less than $50,000 per year. This number is staggering, to say the least, but it doesn’t paint the full picture.
Following a franchise investment, owners typically build equity, meaning they have a growing ownership stake in a business. Since this equity can be sold for a very handsome return, the annual income does not always show the true profitability of the business.
For example, an owner might start a pizza restaurant and only earn $40,000 per year. However, the pizza restaurant and real estate (if owned) might eventually be valued at $2 million. The franchise owner can sell the business and land, earning a huge return on investment.
The average income of five famous franchises
The data above is helpful, but it isn’t the complete story. It includes all types of franchises, from everything from small coffee chains to multinational fast-food restaurants.
Many new franchise owners will invest in trusted brands. Using data from Franchise City, let’s look at how much these franchise owners earn from starting one of these famous franchises.
Chick-fil-A
These restaurants are huge hits no matter where they open, but that is all part of strict franchise approval standards. Chick-fil-A only opens between 80-100 restaurants per year.
The average location generates $4.16 million in revenue, with the owner earning around $200,000 annually.
McDonald’s
Opening a McDonald’s location is not difficult when it comes to standards, but it is very challenging in terms of costs. Starting a single location will cost over a million dollars, and you will need to find and pay for the real estate yourself. However, McDonald’s franchises are a safe investment given the huge demand for this brand.
The average location generates around $2.8 million in revenue, with the owner earning around $150,000 per year income.
Q&A: Does Subway Franchise in the UK?
Modified on 24/07/2020 11:13:19 – Published on 26/11/2017 11:00:00
Subway is one of the UK’s biggest restaurant brands. In recent years, it’s seen huge success catering to customers who want a delicious sandwich ‘to go’. But does Subway franchise?
Even if you’re not a fan of takeaway food, you’ve probably heard of Subway. The American brand has firmly established itself in the UK and built up a huge pool of loyal customers, who are always keen to get their hands on tasty ‘subs’. The company’s distinctive green and yellow branding sets it apart from its competitors and attracts hungry consumers in need of a quick bite to eat.
Subway has bagged spots in all the major towns and cities in the UK, but it also has a strong international presence. In fact, the sandwich brand operates more than 2,500 stores in the UK and Ireland, and over 44,000 stores across 110 different countries. You don’t need us to tell you this is a multi-billion-pound business. It’s famous across the globe for its delicious food options, from its classic ‘sub’ sandwiches to its wraps, salads, drinks and snacks.
Does Subway franchise?
Yes! Subway uses the franchise model to expand across the world. Interestingly, more than 70 percent of new stores are launched by existing franchisees, which shows just how highly investors regard it. Clearly, they’ve reaped the benefits and are keen to increase their stake in the business by opening additional units.
History of Subway
This sandwich franchise has come a long way since its launch in 1965. Back then, college student Fred DeLuca borrowed some money from his friend Pete Bucks and opened his first store in Connecticut. It was originally called ‘Pete’s Super Submarines’, after his friend, and sold the submarine sandwich (all the rage at the time). As the business grew, the name changed a couple of times, and, in 1968, the Subway brand was born.
Today, Subway is popular for its customisable sandwiches and vegetarian, vegan and gluten-free options. The brand can cater to a large market and has stores in a huge range of locations. You’ll find Subway stores in shopping centres, retail, industrial and business parks; hospitals; universities; transport terminals; sporting facilities; amusement parks; and even convenience stores and petrol stations.
Starting a Subway franchise unit
You don’t need any specific qualifications or experience to become a Subway franchisee. Instead, you need the skills, personality and market knowledge to run your own business – the brand’s training team will teach you the rest. You’ll also need to be committed to the company, as a Subway franchise agreement lasts 20 years. Here’s a little more information about joining the franchise.
Becoming a Subway franchisee
If you think Subway is the right franchise for you, you can request a brochure and complete an application form. Filling out this form does not commit you to investing; it just signals your interest. Once you’ve sent off your application form, Subway will send you a Franchise Disclosure Document (FDD). This record will contain everything you need to know about running a Subway store. It also includes details about the franchise fee and profit potential.
The FDD can be quite a lengthy and complex document, so we recommend you review it with a specialist franchise solicitor or financial advisor. At this point, you may also want to start discussions with your bank if you need a loan to finance your unit and talk to existing Subway franchisees. This will help you get a better sense of what it’s like to be part of the brand.
How much you need to invest
You can expect to invest a total of around £200,000 in your Subway store. While this sounds like a lot of cash, the sandwich brand offers good value for money, as it’s one of the most affordable franchises to buy based on its size and reputation. The final amount you pay will depend on several factors, including the location and size of your store.
Don’t forget, you’ll also need to pay an ongoing royalty fee and marketing fee. These are charged at eight percent and four and a half percent of your turnover respectively.
Handy tip: A more cost-effective way to join the brand is to buy an existing Subway franchise from a current franchisee. By doing this, you can reduce the amount of money you spend on set-up costs, as the store and all its equipment are usually included in the purchase price. The business’s workforce will probably stay on too, so you won’t need to dedicate time to recruitment or training.
What you get for your investment
Franchises run extensive training schemes to make sure their new investors have all the tools and knowledge they need to build a thriving business. Subway’s comprehensive induction programme gives you the chance to learn a range of hard skills and ask any questions you may have. This is your chance to find out what makes Subway such a successful franchise.
This initial course gives you a good base of knowledge, but ongoing support is always available from experienced mentors, should you need it. Whenever you have a question, concern or problem, you can get in touch with your franchisor and their support team, or talk to your fellow franchisees. The bottom line is, you’ll have an extensive network of likeminded people around you, so you’ll never be alone in business.
Get started today!
If you are passionate about succeeding with the Subway brand and have access to enough capital to set up your franchise unit, you’re in a good position to start your sandwich store. You can find out more about the Subway franchise model and how to get involved on our website. Click the Request Information banner to get the ball rolling.
Alternatively, why not take a look at some of our other high-performing food franchises? You’ll find everything from pretzel stalls to sweet shops, vending machine businesses to bubble tea franchises – there really is something for everyone.
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