Small Business Resources > How Much Does a 7-Eleven Franchise Cost?
How Much Does a 7-Eleven Franchise Cost?
 How Much Does a 7-Eleven Franchise Cost? You should have between $100,000 and $150,000 in cash before contacting 7-Eleven about a franchise. If you have at least $100,000 to $150,000 in liquid funds and you are ready to forge ahead, read on.
Because 7-Eleven bases the franchise fee entirely on the gross profits of the individual store, the fee can vary significantly, but here are the guidelines. Calculations range between 5% and on up to 30% of the gross profit dollar volume, over a period of any 12 rolling months. Unlike most franchises, there is no net worth requirement, but the total investment will run between $228,000 and $866,000, which is much lower than the $1 to 2 million reported on most franchise websites. 7 Eleven provides 6-weeks of training at a local training center and offers assistance with payroll, inventory, and advertising.
Traditionally, 7 Eleven will own or lease the building and all the equipment and then lease it back to the franchisee. 7 Eleven franchise also offers the unique Business Conversion Program opportunity to trademark your existing convenience or liquor store under the 7 Eleven branding. Terms require that your store is at least ½ mile away from other 7 Eleven franchise stores with a minimum of 1400 square feet. To be considered, you have to be at least 21-years of age, have permanent U.S. residency with a solid credit history and some asset liquidity.
If you are new to franchising, we suggest you speak with a franchise consultant about your goals before jumping into any franchise opportunity. 
About the Author
BusinessMart.com has become the fastest growing business for sale search engine, helping buyers and sellers of small businesses and franchises. BusinessMart.com has many resources to help you on your journey to start your own business, sell your existing business or open a franchise. BusinessMart.com has thousands of businesses for sale in the US and Canada.
*** You may use this article on your website as long as the "About The Author" box is in place with all links exactly as above and the article or any links in the article are not altered. ***
|
