Convenience stores are now everywhere. However, 7-Eleven Inc is one of the biggest corporation which also provides franchise system. It’s a promising business that you can run in your place. There are many advantages you can get once your 711 Franchise application is accepted.
You will receive a license to use the service mark 7-Eleven.
You and your employess will receive training program on how to operate the store.
You will receive continuing advice and assistance on operating a store.
Learn bookkeeping services.
7 Eleven will provide assistance on store inventory auditing.
Guide in financing management.
Guide in merchandising assistance
Support advertising, etc.
Here is the estimation for the 7-11 franschise fee or 7 11 franchise cost or 7 Eleven franchise cost that you should include in your finance plan:
Initial fee is $1,000,000
Training Expenses is $9,000
Down Payment for Opening Inventory is $20,000
Additional Opening Inventory is $13,200-$48,100
Cash Register Fund is $300-$5,00
Store Supplies is $250-$2,000
License and Permits is $8,000
For your information, there two different types of franchise system provided by 7-Eleven. So make sure that you choose the one that really fits your needs and goals. Start your business plan for 711 Franchise now.