7-Eleven, Inc.
7-Eleven, the �friendly little store that�s just around the corner,� has built a strong reputation for operating stores similar to family-owned businesses but designed to grow with innovative features. Open 24 hours a day, seven days a week, 7-Eleven re-defines �convenience,� with more than 25,000 franchises worldwide. An industry leader for more than 77 years, 7-Eleven has been successfully franchising for more than 40 years.
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 sales of $200,001 to $250,000 have a fee equal to 5% of the store�s historical sales volume, stores with sales between $250,001 and $350,000 have a fee of 15%, stores with sales of $350,000 to $450,000 have a fee of 20% and stores with sales exceeding $450,000 have a fee of 25%. 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 equal to 50% of gross profit and advertising fees that vary based on total gross profit. Stores with monthly rents exceeding $10,000 per month must also pay monthly fees equal to 50% of those occupancy costs.
What You Get�Training and Support With a proven system of operation, a recognizable name, inventory financing and modern equipment, 7-Eleven provides a store and a system that is ready for a new franchisee to step right into. This system includes training, counseling, accounting, financial reports, advertising and merchandising support. Franchisees select the area where they would like to operate a store before they begin the training program.
Costs such as building and equipment rental, utilities and property taxes are paid by the franchisor using funds obtained from franchisee fees. After opening, 7-Eleven provides general business advice and support, and local and national franchisee advisory councils are also available to provide assistance.
Territory 7-Eleven does not grant exclusive territories.
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