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SSP Group‘s (LSE:SSPG) a name that might not mean much to a lot of investors. But I think the FTSE 250 company has a lot to like from a long-term investment perspective.
The company runs food and beverage outlets like Upper Crust, Caffe Ritzza, and Millie’s Cookies. That doesn’t sound like much of an opportunity, but a closer look reveals something more interesting.
Travel
The problem with retail operations is there’s too much competition on the high street. But SSP doesn’t operate on the high street – it focuses on travel locations such as train stations and airports. Competition here’s limited and – as anyone who’s ever tried to buy a sandwich in one of these places knows – prices are higher as a result. And that makes the equation far more attractive.
This comes with some unique and specific challenges. Running a food outlet in an airport means working…
