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2022 Franchise 500 Rank
#9 Ranked #9 last year
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Initial investment
$125K - $1.3M
Units as of 2022
81,887 19.2% over 3 years

Here’s what you need to know if you’re interested in opening a 7-Eleven franchise.

7-Eleven is a chain of convenience stores located both in the U.S. and abroad. Founded in 1927 in Dallas, Texas, the store in its modern form has become known for its slurpees and Big Gulp deals. The chain prides itself on being a place where you can both pick up something you forgot at the grocery store, grab a snack, and fuel up your vehicle. Whether it's a hot or cold beverage, a lotto ticket, or a toothbrush, 7-Eleven builds its brand based on convenience and what community members may need.

There are over 7,300 7-Eleven franchises in the United States. Impressively, that does not even compare to the number of 7-Eleven stores outside of the U.S., where over 59,000 franchisees have opened one. As a result, 7-Eleven is a consistent high-ranker in Entrepreneur’s Franchise 500 and Top Global Franchises lists. These rankings are based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. 

Why You May Want to Start a 7-Eleven Franchise

If you enjoy serving and getting to know your community, a 7-Eleven franchise might suit your business needs. It also could be a great alternative to owning a full-size grocery and all-in-one shop. As a franchisee, you might benefit from 7-Eleven's commitment to the growth of its franchise owners. 

7-Eleven has placed a strong emphasis on training and creating a support system for its franchisees. They most likely know that if a franchisee struggles, it will impact the rest of the stores. 

As a result, they may try to support franchisees the best they can. They may even have a short-term financial support system in place if necessary. With that said, the ideal franchisee is probably one who is business and community-oriented and hardworking.

What Might Make a 7-Eleven Franchise a Good Choice?

Because 7-Eleven can be found almost anywhere in the U.S. and in many locations globally, your store may have increased visibility and customer loyalty. Customers who know 7-Eleven may already be familiar with the company's special features, including Big Gulp.

To be part of the 7-Eleven team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. Additionally, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set liquid capital requirements.

How to Open a 7-Eleven Franchise

As you decide if opening a 7-Eleven is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a 7-Eleven franchise would do well in your community. Some communities may not be zoned for this type of store, so be sure to get an idea of what real estate inventory there is in your area.

Also, consider your location. Are you near a highway exit? What kind of foot traffic will pass by your store? Are you in a rural, suburban, or urban area? Consider the demands of each of these settings. Also, think about your competition—other convenience stores. While competition is healthy, too much of it may not allow for the most possible growth.

If all goes well, you may end up celebrating with a Slurpee or two in your new 7-Eleven franchise.

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Company Overview

About 7-Eleven

Industry
Retail
Related Categories
Convenience Stores
Founded
1927
Parent Company
7-Eleven. Inc.
Leadership
Joseph DePinto, President & CEO

Franchising Overview

Franchising Since
1964 (58 years)
# of employees at HQ
2,800
Where seeking

This company is seeking new franchisees worldwide.

This company is seeking new franchisees in the following US states: Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Idaho, Illinois, Indiana, Kansas, Massachusetts, Maryland, Maine, Michigan, Missouri, North Carolina, New Hampshire, New Jersey, Nevada, New York, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia

# of Units
81,887 (as of 2022)

Franchisor Information

Corporate Address
P.O. Box 711
Dallas, TX 75221-0711

Information for Franchisees

Here’s what you need to know if you’re interested in opening a 7-Eleven franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$0 - $1,000,000
Initial Investment
$125,250 - $1,333,500
Cash Requirement
$50,000 - $250,000
Veteran Incentives
10-20% off franchise fee, up to $50,000; preferred interest rates and special financing
Royalty Fee
Varies
Ad Royalty Fee
1%
Term of Agreement
15 years
Is franchise term renewable?
Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
7-Eleven offers in-house financing to cover the following: franchise fee, equipment, inventory, accounts receivable
Third Party Financing
7-Eleven has relationships with third-party sources which offer financing to cover the following: equipment, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
240 hours
Classroom Training
24 hours
Additional Training
At local training centers
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
7-10
Are exclusive territories available?
No
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Franchise 500 Ranking History

Compare where 7-Eleven landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021