7-Eleven Delivers Convenience for Multi-Unit Franchisees
When it comes to the business of multi-unit franchising, convenience leader 7-Eleven – naturally – makes it easy for Franchisees to succeed with a tried and true business model, backed by the mega muscle of one the most powerful brands on the planet.
“One of the reasons I chose 7-Eleven, after extensive research, was that it’s one of the world’s biggest, strongest, and most well-known brands. It’s also recession-proof, while a lot of franchises are not,” says Los Angeles-based multi-unit Franchisee Danny Kang, a 12-year veteran of the 7-Eleven brand.
7-Eleven’s multiple store owners reap the rewards of being part of an established retail giant that leads the way with digital innovation, proprietary products, and large-volume buying clout.
“One of the benefits of being a multiple is there are huge efficiency gains in economies of scale in terms of leveraging resources,” adds Kang, who owns four stores in the San Fernando Valley.
With 68,000 stores in 17 countries, 7-Eleven is the world’s largest convenience retail chain and undisputed marketplace leader in an industry that takes in $616 billion in annual sales. The iconic brand – home to the Big Gulp® and Slurpee® drink – offers a variety of paths to owning multiple stores available to qualified candidates. Consider these flexible options to ownership:
Traditional Franchise Options: 7-Eleven’s traditional model is tailormade to streamline processes and leverage the scale of the business to meet the unique needs of multi-unit Franchisees focused on aggressive growth. As part of the agreement, 7-Eleven leases the land, building, and equipment, plus provides extensive training for its Franchisees.
Business Conversion Program (BCP): BCP is a great option for a business owner looking to convert an existing property – a gas station, liquor store, deli, convenience or small grocery store – into a 7-Eleven. Entrepreneurs interested in developing their own new sites can take advantage of the conversion program to partner with a premier brand on vacant real estate or redeveloped land.
Nontraditional Stores: Street corners and city streets aren’t the only places 7-Eleven stores thrive. Endless opportunities are available to expand in such non-traditional spaces as universities, airports, train stations, hotels, and stadiums. The non-traditional format allows Franchisees to build stores within captive audience venues to serve customers where they are, with what they need. A corporate team of architects, interior designers, and merchandisers provide customized advice on every store.
Whether the plan is to open a new store, add the power of the brand to an existing business, or launch a ground-up opportunity, 7-Eleven is there with a proven franchise concept and unmatched operations and support every step of the way. A dedicated team of in-house network analysts and advisors assists with store growth, and field consultants meet regularly with Franchisees to provide valuable advice.
The brand seeks to expand with experienced convenience, retail, or restaurant operators with the management capacity and multi-unit know-how to operate two to 10 stores from the start – and an eye for additional future growth.
As a top brand that continually redefines how the world experiences convenience, 7-Eleven is laser-focused on finding new ways to make franchising easy and profitable – with no royalties required. The 7-Eleven system takes a different approach, investing in owners by sharing gross profits with Franchisees.
Are you ready to multiply your success?
To learn more about the 7-Eleven franchise opportunity head over to franchise.7-eleven.com/franchise/multi-unit.
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