About 7-Eleven
7-Eleven is the world's largest convenience store chain with over 83,000 locations in 20 countries. Founded in 1927 in Dallas, Texas (originally as Tote'm stores), 7-Eleven pioneered the convenience store concept and has been franchising since the 1960s. The brand is owned by Japanese company Seven & i Holdings and generates over $100 billion in global system-wide sales annually.
7-Eleven's franchise model is unique: rather than paying a royalty on gross sales, franchisees share gross profit with the company on a 50-52% split. The company provides the land, building, equipment, and initial inventory — franchisees contribute to an initial franchise fee and operating capital. This structure means 7-Eleven takes more when times are good, but also absorbs more when times are hard.
Frequently Asked Questions
How much does a 7-Eleven franchise cost?
Initial fees range from $25,000 for smaller stores to over $1 million for premium, high-volume locations. 7-Eleven typically provides the real estate and equipment.
How does 7-Eleven's franchise model work?
7-Eleven uses a gross profit split model: franchisees keep 48-50% of gross profit and 7-Eleven retains 50-52%. This is different from traditional percentage-of-sales royalties.
Does 7-Eleven provide the store?
Typically yes — 7-Eleven provides the land, building, equipment, and initial inventory. Franchisees provide the initial franchise fee and working capital.
How much does a 7-Eleven make?
Average 7-Eleven stores generate $1.5–$3 million in annual sales depending on location and fuel sales. High-traffic urban locations can exceed $5 million.
What financial requirements does 7-Eleven have?
Requirements vary by store type and location. Typically, 7-Eleven requires minimum liquid assets of $50,000–$150,000 depending on the store's initial franchise fee.