Next time you’re sitting on the tube on the way to work, here’s some food for thought…
Duedil have conducted a study identifying the top-performing Tube lines in Zone 1 based on business turnover and growth.
The study reveals that companies situated on the Bakerloo line are the most successful in terms of average annual turnover and average annual growth rate.
The average annual turnover for companies on the Bakerloo line is a staggering £286,296,440 (£286 million)! The Jubilee line came in as a close second place with the average annual turnover as £284,694,426.
Among individual stations, perhaps unsurprisingly, companies situated closest to Waterloo station have the highest average annual turnover at an eye-watering £2.53 BILLION!
Joining Waterloo, the stations who came out as the biggest winners for average annual turnover are Paddington (£802,683,773), Cannon Street (£471,020,077), Victoria (£414,670,193) and St. Paul’s (£302,938,326).
It was good news across the board in terms of growth, with each London Underground line averaging an annual growth rate of at least 15% with an overall average of 18.69% across all lines.
The individual station with the highest growth is Baywater with an incredible 77.75% average annual growth rate. Gloucester Road (66.72%), Embankment (44.73%), Warren Street (35.00%) and Mansion House (33.84%) make up the top 5 stations for growth in the capital.
Interestingly, the Metropolitan line which includes stations Euston, Kings Cross and Liverpool Street finishes in last place for average annual turnover (£149,739.703).