7-Eleven® waives franchise fee
While the more than 200 available stores are located in cities across the country, many of the Zero Franchising Fee opportunities are in markets like Charlotte, N. C., where 7-Eleven has acquired a significant number of stores.
Over the last 4 years 7-Eleven has grown its store base by more than 1,300 units. Now that a 7-Eleven customer base has been established at these locations, the company is looking to transition these stores to franchise operations.
Other cities where specific Zero Franchise Fee stores are available include the Dallas/Fort Worth area, Manhattan, Baltimore, Richmond, Va.; Orlando, Fla.; Portland, Ore., and Jacksonville, Fla. These stores typically have lower sales volume compared to the national average.
The convenience retailer is offering these stores to qualified, prospective franchisees as well as existing 7-Eleven franchisees who want to grow their retail business by adding 7-Eleven stores. Prospective franchisees for these Zero Franchise Fee stores will undergo the standard 7-Eleven franchise approval process. "These locations offer would-be entrepreneurs a chance to go into business for themselves without the expense of the one-time franchise fee," said Greg Franks, vice president of franchising systems. "With the Zero Franchise Fee Initiative, we opted to waive the fee on these specific stores to allow the new owner a chance to build his or her customer base and business, while backed by our proprietary systems, processes and ongoing support.
Because the stores qualifying as Zero Franchise Fee opportunities are considered low volume, they may qualify for additional, limited-time financial support.
Please visit www.7-Eleven.com for more information.
