Average Salary and Profit for a Franchise Owner
The average salary for a Franchise Owner is $72,286 per year in United States, which is 87% higher than the average 7-Eleven salary of $38,526 per year for this job. In terms of profit, 7-Eleven franchise owners can average $50,000 – $75,000 for their salary.
Franchising Requirements and Process
- To franchise 7-Eleven, you must: have U.S. citizenship, be 21+ years old, pass background checks, and commit full time.
- The process takes 4-6 months inclusive of training.
- A 4-week training program and bookkeeping assistance are provided.
- The initial investment ranges $50,000-$1 million based on store profit.
7-Eleven Franchise Overview
- There are over 7,300 U.S. and 59,000 international locations.
- Rankings based on costs, fees, size, growth, support, brand strength, and stability make 7-Eleven a top global franchise.
- Enjoy serving the community with this alternative to a full grocery. Grow with the brand’s commitment.
Additional Details
- In 2019, the average revenue per store was $1.4 million.
- Veterans get a 10-20% initial fee discount and financing.
- Training is 300 hours in Texas and a store.
- Average profit is $50,000-$75,000.