7-Eleven Inc.

7-Eleven Inc.

7-Eleven Inc.
#7

Initial Investment

LOW: $37,550
HIGH: $1,119,900

Change in Units

+5.2% +2918 UNITS (1 Year)
+9.7% +5495 UNITS (3 Years)

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Company Profile

Founded

1927

Franchising Since

1964 (52 Years)

Corporate Address

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

CEO

Joseph DePinto

Parent Company

Seven & i Holdings Co., Ltd.

About 7-Eleven Inc.

7-Eleven's origins date back to 1927, when an employee of the Southland Ice Company in Dallas, Texas, began selling milk, bread and eggs in addition to the ice blocks. That employee, Joe C. Thompson, eventually bought the Southland Ice Company, turned it into the Southland Corporation, and began opening convenience stores. The first stores went by the name Tote'm, since customers "toted" away their purchases, but in 1946, when the stores' hours were extended--from 7 a.m. to 11 p.m.--they got a new name. Although 7-Eleven stores are now open 24 hours a day, the name stuck.

Financials

Financial Requirements

Initial Investment

$37,550 - $1,119,900

Net-worth Requirement

$100,000 - $250,000

Liquid Cash Requirement

$50,000 - $150,000

Ongoing Fees

Initial Franchise Fee

$10,000 - $1,000,000

Financing Options

7-Eleven Inc. offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


10-20% off franchise fee; special financing

Franchise 500® Rank History

Highest Rank: 1

Lowest Rank: 30

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new units internationally.

Operations & Franchisor Support

Training Onsite: 28-42 days

Training at headquarters: 5 days

Additional Training: At local training centers

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Number of employees required to run: 7 - 10

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 23rd, 2016

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