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7-eleven inc.
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7-eleven was begun as a Dallas based Ice Company and got its name from the hours it works that is 7 am to 11pm. It began in the year 1927 but started franchises only in the year 1964. Now it has become an international convenience store chain wherein several millions of customers visit each day to purchase daily utility articles. The investment, franchise and ongoing royalty for beginning a 7-11 franchisee varies and the terms of agreement is generally a 15 years renewable one.

The 7-11 chain of stores provides all general and daily utilities like eggs, milk, vegetables, fruits and all other household items. You will find all the necessary things you require for daily living. So as a franchise you must be willing to make that kind of investment and keep up with the standards and norms of the company.

To qualify to be a 7-eleven franchise one must have a good net worth and also general business experience, retail experience and customer service skills. At least 7 to 10 members are required to run the franchisee unit. Absentee ownership is not allowed. Training and support at local training centers is provided for 6 weeks. Ongoing support like newsletter, meetings, toll free phone line, internet, safety procedures, field operations, purchasing cooperatives are provided. Marketing is done through national media and regional advertising.

So if you would like to do franchising for 7-11 the procedure is not very complicated, you just need to show relevant experience and be willing to make the needed investment. You will be provided all the support required.



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