7-Eleven Inc.

24-hour-a-day convenience store
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
Year

2007
2006
2005
2004
U.S. Franchises
5,580
3,998
3,899
3,827
Canadian Franchises
0
0
0
0

Foreign Franchises
26,680
23,163
21,240
19,523
Company
Owned

1,038
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-HouseThird Party
Franchise FeeNoNo
Startup CostsNoNo
EquipmentNoNo
InventoryYesNo
Accounts ReceivableYesNo
PayrollYesNo
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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