7-Eleven franchise costs range from $53,600 to $1,163,000 as an initial investment. The franchise fee is up to $1,000,000. Liquid cash requirements are $50,000 to $150,000. There are over 58,000 7-Eleven stores operating in 17 countries worldwide.
7-Eleven started in 1927 in Dallas as Southland Ice Company selling ice. Noticing many customers, they began selling bread, milk, eggs and more. 7-Eleven was the first 24/7 convenience store and has ranked #1 in franchising for over 40 years.
The total investment to open a 7-Eleven franchise ranges from $47,050 to $1,165,400. This includes a franchise fee from $0 to $1,000,000 depending on location. Franchise owners average $50,000 to $75,000 salary and 5% profit margin. So a store with $1,000,000 in sales would generate about $50,000 for the owner.
7-Eleven offers three franchising options. The company provides training and ongoing support. Ranked a top global franchise, 7-Eleven has over 30,000 stores internationally with 48% profit margin for franchisees. Fuel stores average $365,300 in annual profit. Non-fuel stores average $339,000.
How much does a 7-Eleven franchise owner make depends on sales, expenses, costs, etc. However, it’s estimated they make $1.4 million in sales yearly on average. The 7-Eleven company made $2.94 billion in 2022.
7-Eleven cities demand a higher initial franchise fee due to higher revenue. Their franchisees benefit from the brand name, business system, and over 60 years of experience.
Expect to invest $1 – $1.25 million to open a franchise, depending on location. You’ll need $50,000 – $150,000 liquid capital and $150,000 minimum net worth. Take the franchise quiz to see if 7-Eleven fits your budget and interests before investing.