Company Ownership & History
7-Eleven, Inc. is an American convenience store chain, owned by Japanese Seven & i Holdings through Seven-Eleven Japan Co., Ltd. The chain was founded in 1927 as an ice house storefront in Dallas.
Ownership Changes & Expansion
- Speedway, a subsidiary of Marathon Petroleum, was sold to 7-Eleven in 2021, with 4,000 Speedway stations set to become 7-Eleven stations.
- 7-Eleven operates, franchises, and licenses stores in 19 countries and territories, totaling over 70,000 stores globally.
Franchise Opportunities
- The initial investment to own and operate a 7-Eleven franchise ranges from $50,000 to $1,000,000.
- Franchise operations play a significant role in the company’s business model, providing support and resources for entrepreneurs.
Products & Services
- 7-Eleven offers a variety of hot foods 24/7, including black bean burgers, fried chicken sandwiches, boneless wings, and more.
- In addition to traditional offerings, 7-Eleven franchises have expanded their menu and convenience options.
Focus on Growth & Customer Experience
- Recent investments in digital and technology initiatives aim to enhance the customer experience and drive growth.
Store Name Origin & Growth Milestone
- In 1946, the chain changed its name from "Tote’m" to "7-Eleven" to reflect extended hours from 7:00 a.m. to 11:00 p.m.
- 7-Eleven recently celebrated surpassing 70,000 stores, marking significant growth and brand presence.