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7-Eleven Franchise

Published on Nov 21, 2015

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PRESENTATION OUTLINE

7-Eleven Franchise

by: Amparo Sanchez &Giovanni Juarez
Photo by alex.ch

Initial  Franchise

  • An initial franchise fee of $25,000
  • An inventory down payment between:
  •  $20,000 and $40,000
An inventory down payment between $20,000 and $40,000,
Photo by Tommy Ironic

Sample Franchise Application

  • Financial and experience information
  • The max. amount you are able to spend
s confidential information. contract.
Applicant Information. This application is not a Preliminary Application Information
You are applying for a 7-Eleven Store franchise.

Bold fields are required.

INSTRUCTIONS: Answer every question in full. All information must be provided for your application to be considered. If married, both spouses must fully complete the application even if only one spouse will be the franchisee. This i
Please enter your legal name below:

First Name
Middle Name
Last Name
Address1
Address2
City
State/Province
Country
Zip/Postal Code
Phone
Cell Phone
E-mail Address
Social Security Number (xxx-xx-xxxx)
Date of Birth (MM/DD/YYYY)

Immigration Status
Are you a current 7-Eleven franchise owner?
Yes No
Are you a veteran?
Yes No
Are you related or have any business association with anyone in the 7-Eleven franchise system?
Yes No
Spouse Information
If married and your spouse does not wish to be part of the franchise, the spouse information must still be completed.
Please enter your legal name below:
First Name
Middle Name
Last Name
Social Security Number (xxx-xx-xxxx)
Date of Birth (MM/DD/YYYY)

Financial and Experience Information
What is the maximum amount you are able to invest in a business opportunity?
How much of it is liquid?
Have you or your spouse ever owned a business?
Yes No
Do you currently own a business you want to convert to a 7-Eleven?
Yes No
Are you currently employed?
Yes No
Name of Employer
Job Title
Brief description of your responsibilities
Have you previously ever been self-employed?
Yes No
Have you ever had management responsiblities which included the hiring and/or firing of employees?
Yes No
Do you have any retail experience?
Yes No
Describe your experience and qualifications as they relate to operating a retail convenience store
Describe how you will operate your business in terms of your involvement, family members, and employee staffing
Select Preferred Geographic Area
How did you learn out about 7-Eleven's Franchise Opportunity?
Specifically, how?
Have you attended a seminar in the last 3 months?
Yes No
I / WE do hereby represent that all of the above answers are true and complete to the best of my knowledge and belief. I / WE recognize that 7-Eleven, Inc., is not in any way obligated to franchise a 7-Eleven store to me because of my execution of this document. I / WE acknowledge that any false statement on this application shall be considered sufficient cause to deny any further consideration or cause revocation of any signed agreement with 7-Eleven, Inc. I / WE understand that any inquiry regarding my character, general reputation, personal characteristics, financial background and general fitness for being a 7-Eleven Franchisee may be made as a result of this application.
In addition, by signing below I / WE release any and all former and/or present employers, and any other personal or business references, from any liability whatsoever in connection with 7-Eleven's attempt to investigate my background and determine my fitness to become a 7-Eleven Franchisee. I / WE hereby authorize the release of any and all documents and records, including any privileged and confidential information pertaining to me to 7-Eleven, Inc. I / WE specifically authorize 7-Eleven to obtain credit reports from one or more credit bureaus and background check on me and my business(es). A copy of this authorization may be used in place of and shall be valid as the original. I / WE understand that this application is considered active for 180 days from the date below.
By submitting this application you are agreeing that this information is correct and you are giving 7-Eleven Inc. permission to obtain a Credit Report and Background Report for the individuals listed on this application.
If married and information for both spouses is not completed, we will not process this application
Photo by Joe Athialy

On going fees for franchise

  • Ongoing Royalty Fee: Varies
An ongoing monthly or weekly franchise fee. This fee is typically expressed as a percentage of the gross sales revenue of the business with its measurement period matching the timing of the payment obligation.
Photo by Ian Muttoo

Land and property ownership

Photo by JeepersMedia

Rules and expectations of franchise

  • Term of Franchise Agreement: 10years, renewable
(1) Franchising is a method of distributing goods or services in a consistent manner
(2)recognize the benefits to you and the 7-Eleven System
(3) You agree that the 7-Eleven System is subject to modification based on changes in technology, competitive circumstances, customer expectations, and other market variables.
(4) We agree to assist you by providing a recognized brand, merchandising advice and operational systems designed to meet the needs of 7-Eleven customers
(5) You recognize the advantages of the 7-Eleven System and wish to obtain a franchise for a 7-Eleven Store.
Photo by StayHarvey

Stock Holding and Share price

  • Share Price  is 39.04
  • High 39.06 ; Low 38.55
  •  Change +0.62% 
Stock holding :the shares that someone owns in a particular company, or in companies in general

A share price is the price of a single share of a number of sale able stocks of a company, or other financial asset.
Photo by scrappy!

Franchise Ownership Expectations

  • Franchise requirements:
  • Net Worth: $100,000 - $250,000
  • Liquid Cash Available: $50,000 - $150,000
An asset that can be converted into cash quickly and with minimal impact to the price received. Liquid assets are generally regarded in the same light as cash because their prices are relatively stable when they are sold on the open market



Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth
Photo by williamcho

Costs of franchise yearly

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Potential Profit/and first year average of ROI

  • An idea of the income a 7-Eleven can produce, just take 5% of store sales.
  • EX:  An income of  $1,300,000 in sales will make roughly $65,000.
  • You need these  key factors to determine the possible income:
  • Store Sales  , Store GP%, Payroll and other expenses
So the overall range for the income of a 7-Eleven (without gas), with sales between $900K – $2mm is between $30K – $120K.
Photo by vxla