My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

See Latest Videos

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

See Latest Articles

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

See Latest Podcasts

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

7-Eleven Inc.
#2 Franchise 500| Convenience stores

7-Eleven Inc.
Convenience stores
|

About
Founded

1927

Franchising Since

1964 (54 Years)

Corporate Address

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

CEO

Joseph DePinto

Parent Company

Seven & i Holdings Co., Ltd.

Financial Requirements
Initial Investment ⓘ

$37,550 - $1,149,900

Net-worth Requirement ⓘ

$100,000 - $250,000

Liquid Cash Requirement ⓘ

$50,000 - $150,000

Ongoing Fees
Initial Franchise Fee ⓘ

$10,000 - $1,000,000

Ongoing Royalty Fee

Varies

Ad Royalty Fee

1.5-0.5%

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

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

240 hours

Classroom Training:

24 hours

Additional Training:

At local training centers

Number of Employees Required to Run:

7 - 10

7-Eleven Inc. is ranked #2 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $37,550 High - $1,149,900
Units
+5.7%+3336 UNITS (1 Year) +17.9%+9445 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Indiana, Kansas, Massachusetts, Maryland, Maine, Michigan, Missouri, North Carolina, New Jersey, Nevada, New York, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Virginia, Washington, Wisconsin, West Virginia, Asia, Australia/New Zealand, Mexico, Western Europe
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Related Franchises

See More

Circle K

See More

ampm

Franchise Articles

Can Colleges Teach People How to Franchise?

Can Colleges Teach People How to Franchise?

Long neglected by business schools, franchising is finally gaining a foothold in the world of higher ed. But will students follow?
Jon Marcus
14 min read
The 4 Ways Associations Can Help Franchisees

The 4 Ways Associations Can Help Franchisees

While independent franchisee associations can be viewed as confrontational, when all involved parties get talking, the groups can be a collaborative source of support and education.
Stephanie Schomer
4 min read
A Buzzing Business: How These Entrepreneurs Turned a Longtime Annoyance Into Successful Careers in Pest Control

A Buzzing Business: How These Entrepreneurs Turned a Longtime Annoyance Into Successful Careers in Pest Control

Mosquito Joe franchisees Kurt and Melissa Godwin share how their second career helped create a better work-life balance for them.
Lydia Belanger
4 min read
The 5 Attributes of Franchises Growing with Velocity

The 5 Attributes of Franchises Growing with Velocity

Some franchise concepts can amplify growth with the right attributes. Learn how to spot them.
3 min read
How This Franchisor Found Sweet Success With an Ice Cream Experiment

How This Franchisor Found Sweet Success With an Ice Cream Experiment

Creamistry's Jay Yim took a crazy experiment in his garage and grew it into a global ice cream brand.
Nina Zipkin
4 min read

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: October 12th, 2017
Reprints & Licensing Update Your Listing Submit New Listing