Franchise FAQ

how to do business with a 711 franchise

by Josiah Berge Published 1 year ago Updated 1 year ago
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How many categories are there in the 7-11 franchise program?

How much does it cost to franchise a store?

When did 7-11 open?

How does a company grow its store base?

About this website

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Special Veterans 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...

A Global Store With A Neighborhood Focus

We know how much customers depend on 7-Eleven for their convenience needs. We also know that these needs vary from neighborhood to neighborhood, wh...

World-Famous Brand. world-class Opportunity.

Take a second and learn why franchising with 7-Eleven could be the career changer you’ve been looking for: 1. Your earning potential is as big as y...

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:

We welcome all levels of franchise experience

New to franchising? Or just 7‑Eleven? You may be a great candidate. We’re always looking for ambitious, hardworking people with retail, management or foodservice experience. Plus, our flexible site options give you several ways to make your franchising dream a reality.

Join Our Ranks

We know U.S. military veterans have the skills, focus and experience needed to succeed as business owners. That’s why we offer incentives like special discounts and financing.

How many categories are there in the 7-11 franchise program?

Interview with a franchise sales manager who details the 7-Eleven program and the Federal Disclosure Document. This document contains 23 categories that the franchiser must provide to the prospective franchisee.

How much does it cost to franchise a store?

Apply and pay for any required permits, bonds and licenses. Pay a one-time franchise fee ranging, as of publication, from $50,000 to $350,000. This fee is based on the store’s gross profit and varies dependent on location. Stores with gas pumps must pay a one-time gasoline fee ranging from $10,000 to $40,000. Additional costs prior to opening include a down payment on the store’s inventory and cash register funds.

When did 7-11 open?

The first 7-Eleven opened in 1927 in Dallas as an icehouse. This company has grown and evolved into the world’s largest operator, franchiser and licensor of convenience stores, according to the 7-Eleven website. The first 7-Eleven franchise was offered in 1964. The company has stores in more than half of the country and offers a streamlined program to become a 7-Eleven franchise owner. It takes only from 60 to 120 days from start to finish to complete the 7-Eleven franchise process.

How does a company grow its store base?

The company grows its store base through building new stores, converting independent convenience-style stores and purchasing smaller regional chain 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.

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.

Are 7-Eleven franchisees really business OWNERS?

Some of the increasing numbers of unhappy 7-Eleven owners say the 7-Eleven franchise is like buying a low-paying job.

7-Eleven Franchise Complaints

ARE YOU A 7-ELEVEN FRANCHISE OWNER OR EMPLOYEE? PLEASE SHARE YOUR OPINION OF THE 7-ELEVEN FRANCHISE BELOW.

What is a 7-11 franchise?

The 7-11 franchise runs a business system that includes the following: a license to the service training offered by 7-11 for all their franchise; continuous advice and assistance upon the opening of the franchise ; inventory and auditing; bookkeeping service; finance and merchandise assistance as well as advertising.

How much does a 7-11 franchise cost?

7-11 franchise cost ranges from $39,750 to $1,122,100. This package includes the franchise fee, down payment for the opening inventory, cash register funds, store supplies, licenses, and permits, as well as the funds during the first three months. The high franchise cost includes the franchise fee while the low franchise contains a zero franchise fee. Moreover, the start-up cost in 7-11 varies with the kind of franchise that you purchase.

What is a business conversion program?

While in a Business Conversion Program the franchise is the one responsible for acquiring the land and building for the store site and pays a different royalty fee than that of the traditional franchise.

What is 7-11 zero?

7-11 zero franchise fee programs are designed for the existing and future franchisees and give them an opportunity to expand their franchise by eliminating the franchise fee.

How much does Street Corner franchise cost?

Street Corner offers a start-up investment of around $45,645 to $1,479,800 where the franchise fee is between $19,900 up to $24,900. The package covers the following: franchise fee, start-up cost, equipment, inventory, accounts receivable, and payroll.

What is included in a 7-11 franchise?

In a low-cost 7-11 franchise, the package inclusion is as follows: down payment for the opening inventory, additional opening inventory, cash register fund, and store supplies, as well as the licenses and permits.

How many square feet does a 7-11 store have?

An average 7-11 store has a selling space of 1,400 to 1,800 square feet with an electrical standard of 600 amps, three-phase system. The 7-11 franchise start-up cost varies with respect to the kind of franchise that the franchisee wants to purchase and venture.

How many categories are there in the 7-11 franchise program?

Interview with a franchise sales manager who details the 7-Eleven program and the Federal Disclosure Document. This document contains 23 categories that the franchiser must provide to the prospective franchisee.

How much does it cost to franchise a store?

Apply and pay for any required permits, bonds and licenses. Pay a one-time franchise fee ranging, as of publication, from $50,000 to $350,000. This fee is based on the store’s gross profit and varies dependent on location. Stores with gas pumps must pay a one-time gasoline fee ranging from $10,000 to $40,000. Additional costs prior to opening include a down payment on the store’s inventory and cash register funds.

When did 7-11 open?

The first 7-Eleven opened in 1927 in Dallas as an icehouse. This company has grown and evolved into the world’s largest operator, franchiser and licensor of convenience stores, according to the 7-Eleven website. The first 7-Eleven franchise was offered in 1964. The company has stores in more than half of the country and offers a streamlined program to become a 7-Eleven franchise owner. It takes only from 60 to 120 days from start to finish to complete the 7-Eleven franchise process.

How does a company grow its store base?

The company grows its store base through building new stores, converting independent convenience-style stores and purchasing smaller regional chain stores.

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