7-Eleven Inc.

7-Eleven Inc.

7-Eleven Inc.
#1

Initial Investment

LOW: $37,200
HIGH: $1,635,200

Change in Units

+5.6% +3133 UNITS (1 Year)
+16.9% +8628 UNITS (3 Years)

Company Profile

Founded

1927

Franchising Since

1964 (53 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

$37,200 - $1,635,200

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

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
National Media
Regional Media

Number of employees required to run: 7 - 10

Related Franchises

Related Articles

4 Indications It's Time to Franchise Your Business

4 Indications It's Time to Franchise Your Business

Franchising isn't for every business, and the timing needs to be right for a brand to efficiently transition to the franchise model.
Christopher Conner
Why Opening A Franchise Business Is Better Than Starting Your Own

Why Opening A Franchise Business Is Better Than Starting Your Own

Considering venturing into the world of entrepreneurship by starting a franchise business? zpizza UAE founder Harsh Pancholia shares his thoughts.
Harsh Pancholia
3 Key Questions That Will Help You Decide If Your Business Can Be Franchised

3 Key Questions That Will Help You Decide If Your Business Can Be Franchised

If you're not sure that franchising is for you, answering these three questions could be all you need to do to decide.
Rick Grossmann
To Get Branding Right, an Entrepreneur Needs to Emotionally Connect with the Product First

To Get Branding Right, an Entrepreneur Needs to Emotionally Connect with the Product First

Your value system should be clear and there should be certain amount of consistency in company processes - Amol Arora
Sneha Banerjee
The Pros and Cons of Franchising Your Business

The Pros and Cons of Franchising Your Business

Before you take the first step to turn your business into a franchise, read these advantages and disadvantages of franchising.
Rick Grossmann

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: September 14th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 100 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012