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It is one of the common franchises nowadays because of the threat in our health for unpurified water. It is now more expensive to buy a liter of purified water than gas!
Although, water stations could be considered a good investment, I believe it cannot be considered a low cost franchise. One franchise would value around 250-300K for equipment setup and training. At that price, it is in fact, comparable to having master franchises within a local area.
Water-refilling stations 
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