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  "documentTitle": "Buffalo Wild Wings (BWLD)",
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      "text": "System growth is significantly less capital intensive\nProfits are more stable because brand royalty streams are a percentage of revenue as opposed to operating cash flow\nCorporate overhead is lower for a more scalable operating platform\nAllows management to focus exclusively on strategic brand development\nPartners with local market expertise and \"skin in the game\" are best equipped to drive expansion in new regions and internationally",
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      "text": "GROWTH AS A FRANCHISOR IS MORE STABLE, PROFITABLE, AND CAPITAL-EFFICIENT",
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