Canteen
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What to know about Canteen franchise? The franchisee will be authorized to distribute food, beverages and other consumer items through one or more of the following distribution channels as determined by Canteen: vending services, food services, combined services, office coffee services and/or secured delivery services. Canteen is based in Charlotte, NC. Scroll down to learn more!How much does a Canteen franchise cost?Are you wondering how much is a Canteen franchise? Before starting a Canteen 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 Canteen franchise is $8,350 and can go all the way up to $41,000. Keep in mind, you should also allocate additional funds to live off of while the Canteen 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 Canteen franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Canteen business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Canteen franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
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