Year began: 1927 Franchising since: 1964 Taking its name from the hours its stores used to operate (7 a.m. to 11 p.m.), 7-Eleven has grown from a Dallas-based ice company to an international convenience store chain.
Approximately 6 million customers visit 7-Eleven stores in the United States and Canada each day, buying items such as milk, wine, bread fresh-food items and gas.
|
One Arts Plaza, 1722 Routh St., #1000 Dallas, TX 75201
Phone: (800)255-0711
Fax: (972)828-8997
| Franchisor has 1000 employee(s); 18 employee(s) in franchise department.
|
Franchise Growth
U.S. Franchises5,580
3,998
3,899
3,827
Canadian Franchises0
0
0
0
Foreign Franchises26,680
23,163
21,240
19,523
Company
Owned1,038
2,304
2,377
2,446
Where Seeking Franchisees
In the U.S.
Costs & Fees
Total investment: Varies
Franchise fee: Varies
Ongoing royalty fee: Varies
Term of agreement: 15 years, renewable
| Type of Financing Available |
| In-House | Third Party |
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | Yes | No |
| Accounts Receivable | Yes | No |
| Payroll | Yes | No |
Qualifications
Net worth requirement: Varies
Business Experience:- General business experience
- Retail experience, customer service skills
Operations
- Number of employees needed to run franchised unit: 7 - 10
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training & Support
TRAINING- At local training centers: 6 weeks
ONGOING SUPPORT- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
MARKETING SUPPORT- National media
- Regional advertising
- Other marketing support: In-house marketing team
Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:#1 (2008); #4 (2007); #9 (2006); #8 (2005); #4 (2004);
Ranked #1 in category in:
2008; 2007; 2006; 2005; 2004;
Fastest-Growing Franchises:#2 (2008); #38 (2007); #54 (2006); #55 (2005); #3 (2004);
Low-Cost Franchises:#2 (2004);
Last Updated: 2/26/2008 12:00:00 AM
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