Is owning a 7-Eleven profitable? In terms of profit, 7-Eleven franchise owners can average $50,000 – $75,000 for their salary. With the 7‐Eleven system, we share gross profits with our franchise owners.
The strategic placement of 7-Eleven stores can lead to a more profitable business. Like anything, you must spend more money to increase store sales and profit.
The 7-Eleven franchisor offers candidates three franchise models: A traditional store, a Business Conversion program, and a Micro Market Franchise.
As a franchise owner your earnings potential depends on the brand and industry. Compared to 2020, 7-Eleven saw an increase in retained earnings of 30% from 2020 to 2021.
Is it hard to get a 7-Eleven franchise? You’ll need $50,000- $150,000 liquid capital and a $150,000 net worth.
- Franchisees invest $37,200 – $1,635,200.
- 7-Eleven charges a $0-$1,000,000 franchise fee.
The typical 7-Eleven Franchise Owner salary is $36,553. Franchise Owner salaries at 7-Eleven range from $12,784–$186,079.
Most franchise owners earn less than $50,000 per year.
To open a 7-Eleven franchise costs $53,600 to $1.1 million. This includes a franchise fee up to $1 million. 7-Eleven has three franchise levels with different costs. An internal financing program provides 65% of the initial franchise fee if qualified.
The total investment to open a 7-Eleven franchise ranges from $69,650 to $1,185,400. This includes an initial franchise fee of $10,000 to $1 million.
The net worth requirement is $150,000 for a 7-Eleven franchise. Liquid capital of $50,000 to $150,000 is also required.
Veterans get a 10% franchise fee discount from 7-Eleven. Financing and other discounts are also offered.