For 80 years, 7-Eleven has been both a leader and innovator in the convenience store industry. Today, as the world’s largest convenience retailer with a widely recognized brand name, 7-Eleven continues to thrive, and was recently named the #1 franchise opportunity for 2008 by Entrepreneur magazine.  Globally, 7-Eleven operates, franchises or licenses more than 35,200 stores in 17 countries. This exposure has made 7-Eleven an industry giant and a widely recognized symbol of fast, reliable and convenient service, while its focus on community and people has preserved its reputation as “the friendly little store that’s just around the corner.”

7-Eleven has a multi-faceted relationship with franchisees, serving as a landlord, financing source and record keeper to franchisees. 7-Eleven takes an active role in the franchisee’s business, investing directly in their success in an effort to ensure a profitable and beneficial relationship between the franchisee and 7-Eleven.

Investment Required

The franchise fee for a 7-Eleven store depends on the franchised store’s gross profits for the past year, i.e. the fee is higher for locations that generate more revenue. The fee for a store with sales less than $200,000 in 12 months is fixed at $10,000. Stores with gross profits of $200,001 to $250,000 have a fee equal to 5% of the store’s historical gross profit, stores with profits between $250,001 and $350,000 have a fee of 15%, stores with profits of $350,001 to $450,000 have a fee of 20%, stores with profits between $450,001 and $800,000 have a fee of 25% and stores with profits exceeding $800,000 have a fee of $30%. Fees for brand new store locations are determined by the average gross profits of nearby locations. The fee can be reduced or waived depending on a franchisee’s experience. Financing is also available.

7-Eleven provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.

On-going Expenses

7-Eleven franchisees pay on-going fees of 48% of gross profit or more that vary based on total gross profit and advertising fees ranging from 0.5%-1.5% that vary based on total gross profit.

What You Get—Training and Support

Prior to store opening, franchisees undergo four weeks of initial training in a designated 7-Eleven Training Store, followed by two weeks of training support in the franchisee’s store. The initial training covers the 7-Eleven concept, basic store operations, computer-based training, POS training and store changeover support training. 7-Eleven also provides ongoing training opportunities, including in-store computer-based training programs for employees.

7-Eleven continues to support franchisees after store opening with a field consultant who meets weekly with the franchisee to help maximize store performance and profitability. 7-Eleven provides exceptional support services to its franchisees, including record keeping, bill paying and payroll services for store operations as well as financing for all normal store operating expenses.

Territory

7-Eleven does not grant exclusive territories.