Full Answer
Who owns WESCO Distribution?
When did WESCO acquire Communication Supply?
What is WESCO International?
When did WESCO acquire Carlton Bates?
When was WESCO formed?
When did TVC acquire TVC?
See 3 more
About this website
Who owns the 711 franchise?
Seven-Eleven Japan7-ElevenFormerlySouthland Ice Company (1927 only) Tote'm Stores (1928-1946) Southland Corporation (1961-1999)ProductsConvenience foods and beverages, gasolineNumber of employees135,332 (2021)ParentSeven-Eleven Japan (Seven & i Holdings) (2005–present)SubsidiariesSpeedway9 more rows
Are 7-Eleven franchised?
Brand Strength. Our brand is known and loved around the world, and 7‑Eleven is consistently ranked as a top-10 franchisor.
How much do 711 franchise owners make?
The average salary for a Franchise Owner is $68,201 per year in United States, which is 51% lower than the average 7-Eleven salary of $140,208 per year for this job.
How much does it cost to get a 7-Eleven franchise?
How Much Does It Cost to Open a 7-Eleven?Name of FeeLowHighInitial Franchise Fee$0$1,000,000Training Expenses$0$9,000Down Payment for Opening Inventory$20,000$20,000Additional Opening Inventory$15,100$44,5009 more rows
How much does the average 711 make?
Average Sales / Revenue per Year On average, franchises make $1.4 million in their average sales per store in a year.
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
What is Starbucks franchise fee?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
Are 711 stores profitable?
However, as an owner of multiple 7-Eleven franchises, you do have the ability to make a profit. Owners in the Retail Goods & Services Industry with over $5 million in sales have a median multiple of . 38. So, if you had 5 7-Eleven franchises, this would be $10,000,000 in sales.
What does a Taco Bell franchise cost?
Total cost: A standalone Taco Bell franchise location is estimated to cost between $1.2 million and $2.6 million, exclusive of land and lease costs. Initial investment: Initial investments will vary significantly based on your location and the type of restaurant.
How much does a McDonald's franchise cost?
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.
How Much Is a Subway franchise?
The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
How much is mcdonalds royalty fee?
4.0%Facts & FiguresLiquid capital required$500,000Franchise fee$45,000Royalty4.0%Offers FinancingYesUnits in operation39,3963 more rows
How much do franchise owners make a year?
According to a survey done by Franchise Business Review involving 28,500 franchise owners, the average pre-tax annual income of franchise owners is about 80,000 dollars.
Is owning a convenience store profitable?
Generally, convenience stores are profitable propositions, with average gross profit margins upwards of $450,000. Profitable ventures may result in an opportunity to open other locations within a city or area, increasing your potential profits that much more.
How much does a Subway owner make a year?
The average salary for an Owner is $122,022 per year in United States, which is 35% higher than the average Subway salary of $90,272 per year for this job.
How much does the owner of a Dunkin Donuts make?
Average Sales / Revenue per Year The average Dunkin' franchise is getting around $620,000 to $1.3 million in sales per year. This results in the average Dunkin' franchise owner to have an annual salary of around $124,000.
Wesco Distribution, Inc. Company Profile - Dun & Bradstreet
Find company research, competitor information, contact details & financial data for Wesco Distribution, Inc. of Pittsburgh, PA. Get the latest business insights from Dun & Bradstreet.
WESCO headquarters and office locations - Craft.co
WESCO Corporate Headquarters, Office Locations and Addresses | Craft.co
WESCO International, Inc. (WCC) Stock Price, News, Quote ... - Yahoo!
Find the latest WESCO International, Inc. (WCC) stock quote, history, news and other vital information to help you with your stock trading and investing.
Who owns WESCO Distribution?
In June 1998, CD&R sold WESCO to The Cypress Group bfor USD 1.1 billion, which formed WESCO International Inc., the current owner of WESCO Distribution.
When did WESCO acquire Communication Supply?
In 2006, WESCO acquired the Communication Supply Corporation, a national distributor of data communications products for enterprise and data center customers. In 2008, the company was recognized for "environmentally sustainable business practices" through an Environmental Stewardship Award from Veolia ES Technical Solutions.
What is WESCO International?
( NYSE: WCC) is a provider of electrical, industrial, communications, maintenance, repair and operating (MRO), and original equipment manufacturer (OEM) products, as well as construction materials and advanced supply chain management/logistic services. In 2019, its total revenue was approximately $17 billion.
When did WESCO acquire Carlton Bates?
In 2005, WESCO acquired the Carlton-Bates Company, a provider of original equipment products and supply solutions to industrial customers. In the same year, Forbes magazine named WESCO as one of their 400 Best Big Companies, an honor which was received again in 2006, 2007, and 2009.
When was WESCO formed?
WESCO Distribution was formed in 1922 as a subsidiary of the Westinghouse Electric Corporation, a company also based in Pittsburgh. It served as the Westinghouse subsidiary charged with selling and distributing company components in the electrical and industrial industries. WESCO maintained close ties to its parent.
When did TVC acquire TVC?
In November 2010 the company acquired TVC Communications.
Apply
If everything looks good, an account executive will invite you to talk business.
Assessments and meetings
You’ll have the opportunity to discuss your results with your account executive.
Pick your stores
This is an important step! The neighborhoods you select will be the communities you take care of.
Training begins
You’ll fly to the 7‑Eleven Store Support Center in Dallas, Texas, for our world-class LAUNCH training.
Celebrate with your community
From the time you fill out your application to the date of your big Grand Opening, you’ll be surprised how fast you can open your store.
Why is 7-11 considered a franchise?
A Business System That Stands Apart: 7-Eleven ® is consistently singled out as one of the top franchise opportunities in the country because the company makes such an investment in continuously innovating new structures and services to better serve franchisees. The franchise focus of 7-Eleven is on delivering proactive customer service to our franchisees in every aspect of their business. Through all of its products, services and relationships, 7-Eleven makes life more convenient for their guests, communities, Franchise Stores, and partners.
How much does it cost to buy a 7-11 franchise?
What Does a 7-Eleven Franchise Cost? To buy a franchise with 7-Eleven, you'll need to have $50,000 - $150,000 in liquid capital and a minimum net worth of $150,000. Franchisees can expect to make a total investment of $37,200 - $1,635,200. 7-Eleven charges a franchise fee of $0 - $1,000,000. They also offer financing.
Does 7-11 have military incentives?
7-Eleven knows our U.S. military veterans have the skills it takes to join our leadership ranks. That’s why we offer special military incentives to make franchising with 7-Eleven that much easier. If you’re ready to take the next step in your career, consider these perks to get you started:
How many days a week does 7-11 open?
As a 7-Eleven franchise owner you are legally obligated to keep your store open 24 hours a day, 7 days a week. As 7-Eleven is just about everywhere, do you think the best neighborhoods are available? Keep in mind that every year there are 7000 robberies at gas stations and 15,000 at convenience stores.
What is the SBA 7-11?
The SBA (Small Business Administration) also shunned 7-Eleven. For those of you who don't know, the SBA is a government organization that provides support to entrepreneurs and also guarantees loans on most franchises.
What is 7-11 operator model?
Number 1 - 50% or more of the Revenues goes to 7-11. 7-Eleven is an "Operator Model", or what we like to call "buying a job". In the operator model corporate 7-Eleven buys the store, land, building and equipment and then leases it back to you - the franchisee.
What does a 7-Eleven Franchise Cost?
7-Eleven is the world’s #1 convenience store and a top-five franchisor. If you’re interested in a turnkey business opportunity that’s smart, easy and fun – continue!
How many locations does 7-11 have?
We’re also a top-five franchisor with a proven business model and more than 58,000 store locations around the globe.
Does 7-11 offer veterans?
7-Eleven also offers special veterans incentives and programs because we know our U.S. military veterans have the skills and experience it takes to succeed as a Franchisee.
Is 7-11 a franchise?
7-Eleven offers single- and multi-store franchising opportunities, plus a variety of financial incentives and programs to help turn your vision into reality. There’s a very good chance you’ll find an opportunity in your neighborhood.
Find Your International Territory or Store
Click the map below to explore new markets and select your preferred country in the contact form for master franchising.
Existing Markets
Internationally, the following territories offer individual store franchise opportunities: Australia, China (Beijing, Guangdong Province), Denmark, Hong Kong, Japan, Malaysia, Norway, Philippines, Singapore, South Korea, Sweden, Taiwan and Thailand.
Who owns WESCO Distribution?
In June 1998, CD&R sold WESCO to The Cypress Group bfor USD 1.1 billion, which formed WESCO International Inc., the current owner of WESCO Distribution.
When did WESCO acquire Communication Supply?
In 2006, WESCO acquired the Communication Supply Corporation, a national distributor of data communications products for enterprise and data center customers. In 2008, the company was recognized for "environmentally sustainable business practices" through an Environmental Stewardship Award from Veolia ES Technical Solutions.
What is WESCO International?
( NYSE: WCC) is a provider of electrical, industrial, communications, maintenance, repair and operating (MRO), and original equipment manufacturer (OEM) products, as well as construction materials and advanced supply chain management/logistic services. In 2019, its total revenue was approximately $17 billion.
When did WESCO acquire Carlton Bates?
In 2005, WESCO acquired the Carlton-Bates Company, a provider of original equipment products and supply solutions to industrial customers. In the same year, Forbes magazine named WESCO as one of their 400 Best Big Companies, an honor which was received again in 2006, 2007, and 2009.
When was WESCO formed?
WESCO Distribution was formed in 1922 as a subsidiary of the Westinghouse Electric Corporation, a company also based in Pittsburgh. It served as the Westinghouse subsidiary charged with selling and distributing company components in the electrical and industrial industries. WESCO maintained close ties to its parent.
When did TVC acquire TVC?
In November 2010 the company acquired TVC Communications.
Overview
WESCO International, Inc. is an American publicly traded Fortune 500 holding company for WESCO Distribution, a multinational electrical distribution and services company based in Pittsburgh, Pennsylvania.
WESCO International, Inc. is a provider of electrical, industrial, communications, maintenance, repair and operating (MRO), and original equipment manufactur…
History and acquisitions
WESCO Distribution was formed in 1922 as a subsidiary of the Westinghouse Electric Corporation, a company also based in Pittsburgh. It served as the Westinghouse subsidiary charged with selling and distributing company components in the electrical and industrial industries. WESCO maintained close ties to its parent. In 1994, the private equity firm Clayton, Dubilier & Rice (CD&R) purchased Westinghouse Electrical Supply Company and created WESCO Distribution Inc.
Executive officers
• John J. Engel – Chairman, President & CEO
• David S. Schulz – Executive Vice President & Chief Financial Officer
• Diane E. Lazzaris – Executive Vice President & General Counsel
• Christine A. Wolf – Executive Vice President & Chief Human Resources Officer
Board of directors
• John J. Engel – Chairman, President & CEO of WESCO International
• Matthew J. Espe – Operating Partner of Advent International
• Bobby J. Griffin – Former President, International Operations of Ryder System, Inc.
External links
• Official website
• Business data for WESCO International, Inc.: