Start a 7-Eleven Franchise, 2024 Costs & Fees (2024)

Start a 7-Eleven Franchise, 2024 Costs & Fees (1)

A Business System That Stands Apart: 7-Eleven® is consistently singled out as one of the top franchise opportunities in the country because the company makes such an investment in continuously innovating new structures and services to better serve franchisees. The franchise focus of 7-Eleven is on delivering proactive customer service to our franchisees in every aspect of their business. Through all of its products, services and relationships, 7-Eleven makes life more convenient for their guests, communities, Franchise Stores, and partners.

What Does a 7-Eleven Franchise Cost?

To buy a franchise with 7-Eleven, you'll need to have at least liquid capital of $50,000- $150,000 and a minimum net worth of $150,000. Franchisees can expect to make a total investment of $37,200 - $1,635,200. 7-Eleven charges a franchise fee of $. They also offer financing as well as a discount for veterans (10% discount on the franchise fee for honorably discharged veterans.). *

Requirements

Financial requirements for this franchise:

Liquid Capital: $50,000 - $150,000
What does Liquid Capital mean?
Net Worth: $150,000
What does Net Worth mean?
Franchise Fee: $
What does Franchise Fee mean?
Total Investment: $37,200 - $1,635,200
What does Total Investment mean?
Royalty Fee: 50% gross profit

Options

Options available to franchisees:

Financing: Available
Training: Available
Veteran Discount: 10% discount on the franchise fee for honorably discharged veterans.

Franchisor Details

Facts about this franchise:

Total Units: 53000
Home Office: Dallas, TX
Year Founded: 1927
Start a 7-Eleven Franchise, 2024 Costs & Fees (2)

Starting Your Own 7-Eleven Franchise
Is Easier Than You Think.

It might also be the smartest business move you’ve ever made. As a 7-Eleven franchisee, you’ll be partnering with a brand known and loved around the world. We’re consistently ranked as a top five franchisor, with more than 52,000 stores worldwide. And because we offer a gross margin split, your success is as important to us as it is to you.

Special Veterans Incentives

Start a 7-Eleven Franchise, 2024 Costs & Fees (3)

7-Eleven knows our U.S. military veterans have the skills it takes to join our leadership ranks. That’s why we offer special military incentives to make franchising with 7-Eleven that much easier. If you’re ready to take the next step in your career, consider these perks to get you started:

  • Up to 20% franchise fee discount*
  • Up to 65% special financing
  • Extensive training and support
  • Ease of entry
  • A mutually responsible relationship

A Global Store with a Neighborhood Focus

We know how much customers depend on 7-Eleven for their convenience needs. We also know that these needs vary from neighborhood to neighborhood, which is why we’ve constructed innovative ways to focus on the particular buying habits of your community. Our industry-leading ordering systems and customer-centered technology allow us to understand and immediately respond to what your customers want most. We’ve also invested hundreds of millions of dollars to develop a proprietary Retail Information POS scanning system that: Start a 7-Eleven Franchise, 2024 Costs & Fees (4)

  • Enable you to always have the products your customers want
  • Helps simplify store operations
  • Facilitates staffing and delegation

World-Famous Brand. World-Class Opportunity.

Take a second and learn why franchising with 7-Eleven could be the career changer you’ve been looking for:

Start a 7-Eleven Franchise, 2024 Costs & Fees (5)

  • Your earning potential is as big as you want to make it
  • It’s turnkey – we provide the store, land and equipment
  • Up to 65% financing available, if qualified
  • Start-up is fast (30-90 days)
  • We have locations available in your neighborhood
  • You get extensive training and support from 7-Eleven pros
  • Our field consultants and operations teams offer a wealth of ongoing support and information
  • Leveraged vendor relationships mean national buying power
  • 7-Eleven line of credit makes inventory management easy

Testimonials

Start a 7-Eleven Franchise, 2024 Costs & Fees (6)
“7-Eleven provided the business ownership solution I was looking for. The brand equality, excellent supply chain and outstanding processes are what made me decide to invest in this opportunity. Now I am able to put the skills I learned from 30 years in corporate America to work in my own business.”
– Ralph Wiegandt, Corporate Executive turned 7-Eleven Franchisee Start a 7-Eleven Franchise, 2024 Costs & Fees (7)

“In the course of reviewing several systems, I found 7-Eleven. The complete-store systems essentially run the day-to-day tasks, so I can focus on high-level management. It has made the transition to full-time business owner easy.”
– Clement Osimetha, Attorney turned 7-Eleven Franchisee

Start a 7-Eleven Franchise, 2024 Costs & Fees (8)
“When franchising with 7-Eleven, the beauty of it is that you come into a turnkey business. Everything is taken care of for you. They’ll build the business from the ground up, provide all the equipment and you go into a ready, running business. That’s as turnkey as you get.”
– Alex Degan, IT Professional turned 7-Eleven Franchisee

*Entrepreneur Magazine ranked 7-Eleven #1 on its Global Franchise List.

Disclaimer:
The initial franchise fee may vary for each store. The method of computing the franchise fee is fully disclosed in the Franchise Disclosure Document. Franchisees who are selling the franchise interest in their 7-Eleven Store may also seek and additional payment. This is not an offer to sell or solicitation of an offer to buy a franchise. An offer is made by prospectus only. Franchises are not available to residents of North Dakota, South Dakota, Minnesota and Hawaii. *For qualified applicants only. Maximum discount of $50,000. Applicable to the first store you franchise.

Start a 7-Eleven Franchise, 2024 Costs & Fees (9)

7-Eleven, Inc. is an equal opportunity organization.

AvailabilityStart a 7-Eleven Franchise, 2024 Costs & Fees (10)

7-Eleven is currently accepting inquiries from the following states:

Arizona, California, Colorado, Connecticut, District Of Columbia, 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

Interested parties should have at least $50,000 in liquid capital to invest.

* This information may have changed since first published. We recommend that you always verify fees, investment amounts, and offers with the business opportunity directly prior to making a decision to invest.

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Start a 7-Eleven Franchise, 2024 Costs & Fees (2024)

FAQs

What is the initial franchise fee for 7-Eleven? ›

Your initial investment includes three major components: An initial franchise fee of $25,000. An inventory down payment between $20,000 and $40,000, plus an initial cash register fund.

How much can you make from a 7 11 franchise? ›

$125K (Median Total Pay) The estimated total pay range for a Franchise Owner at 7-Eleven is $94K–$175K per year, which includes base salary and additional pay.

What is a good initial franchise fee? ›

Every franchisor charges a different fee based on their particular business and the industry they're in. Across all franchises, the average initial fee hovers around $25,000 – $50,000.

How long is 7-Eleven franchise training? ›

You and your store designees will participate in six to eight weeks of C.O.O.L.

Are franchise fees monthly? ›

While the franchise fee is a one-time payment, royalty fees typically occur monthly and can be thought of as a membership fee that covers the ongoing support from your franchisor.

How much do 711 franchise owners make a year? ›

On average the 7-Eleven franchise profit is about $1-1.9 million a year. As a 7-Eleven franchise owner you get about 48% of annual profit margin from total sales. That's $339,000 for non-fuel stores and $365,300 for fuel stores.

What are the financial requirements to open a 7-Eleven? ›

To buy a franchise with 7-Eleven, you'll need to have at least liquid capital of $50,000- $150,000 and a minimum net worth of $150,000. Franchisees can expect to make a total investment of $37,200 - $1,635,200.

What is the best franchise to own to make money? ›

The most profitable franchises as measured by the time it takes to make the initial investment back are:
  • Wendy's.
  • Chick-Fil-A.
  • Ace Hardware.
  • UPS Store.
  • Matco Tools.
  • McDonald's.
  • PIRTEK.
  • Snap-on.
Jan 3, 2024

How to afford to open a franchise? ›

Options include:
  1. Franchisor financing. ...
  2. Commercial bank loans. ...
  3. Small Business Association (SBA) loans. ...
  4. Alternative lenders. ...
  5. Personal assets. ...
  6. Rollovers as business startup (ROBS) ...
  7. Crowdfunding. ...
  8. Friends and family.

Who pays the franchise fee? ›

By joining a franchise, an investor or franchisee is able to run a business under the umbrella of the franchise. The franchisee must pay a franchise fee, which may become costly. In the United States, it may amount to thousands of dollars.

What is McDonald's franchise fee? ›

How Much Does A McDonald's® Franchise Cost?* Most McDonald's franchise owner/operators have entered the corporation by purchasing an existing restaurant. To open a McDonald's franchise, however, requires a total investment of $1-$2.2 million, with liquid capital available of $750,000. The franchise fee is $45,000.

Why to choose 7-Eleven as a franchise? ›

Big Buying Power

7-Eleven sources more than 1,000 new products every year. We go big so you can get the benefit of negotiated pricing and terms. As a franchise owner, you get to leverage our super buying power and offer your customers what they love at great prices — without cutting into your profit margins.

Does 7 11 have a royalty fee? ›

Most franchise systems require royalty payments based on a percentage of base sales. With the 7‑Eleven system, we share gross profits with our franchise owners, which is sales receipts less the cost of the merchandise sold. Under this system, 7‑Eleven's loyalty is tied to profitable sales rather than just sales.

What is the rank of 7-Eleven franchise? ›

Largest Brands in Franchising | Franchise Times

In 2023, 7-Eleven was ranked #2 for the third year in a row in the Franchise Times Top 400 Largest Brands in Franchising annual list. The list ranks the largest franchise systems in the U.S. by global systemwide sales, based on the previous year's performance.

How do you calculate initial franchise fee? ›

The franchise fees are normally calculated in the following four ways:
  1. fixed fee;
  2. percentage of weekly or monthly revenue;
  3. a percentage of each specific item sold; or.
  4. total percentage of profit.
Feb 3, 2020

Who pays initial franchise fee? ›

Franchise Fee

The Franchise Fee (also called the “initial franchise fee”) is the one-time payment made by a franchisee to the franchisor for joining the franchise system, usually upon signing the Franchise Agreement.

What is a franchise license fee? ›

A franchisee fee is essentially a license for you to own and operate a franchise business. This is the cost of entry for access to benefits like the franchisor's brand, existing customer base, business systems, real estate support, and ongoing training. Franchising is a lot like having a driver's license.

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