So is 7-Eleven a good choice? They will provide you with the positive, and there is certainly the positive. We have given you some of the negative aspects, now it is up to you to decide. If you are looking for a franchise, you can read more about our service: Franchise City Broker Group Number 2 – Lack of control. One of the advantages of franchising is that you have a nice mix of owning your own business with the support of an established brand and you maintain a decent level of control with most franchises. However, it`s no secret that the 7-11 business model has been viewed by many as an employee-employer relationship and not a franchisee/franchisee. Interestingly, David Kaufmann, a lawyer representing 7-Eleven, said, „Honestly, I think the argument that 7-Eleven is an employer and not a franchisee has no value. And 7-Eleven took people from Pakistan, India and Vietnam, taught them how to run a store and introduce them into the American economic system. I think it is misleading and offensive to say that 7-Eleven is targeting these franchisees. » Reason 3 – 24/7 lifestyle. As a 7-Eleven franchise, you are legally required to keep your store open 24/7.
Since 7-Eleven is almost everywhere, do you think the best neighborhoods are available? Remember that there are 7,000 flights a year from gas stations and 15,000 from convenience stores. Wondering if this is something you want to put into your life? We would prefer the franchisee to be the chief operating officer of the business. Franchisees with multiple locations may need a manager to operate additional businesses. The manager should undergo appropriate 7 Eleven training. How much does a 7 Eleven trader earn? Well, a lot depends on what you`re selling, as some items have much higher margins, but a very rough estimate is 5% of in-store sales, so a transaction that makes $1,000,000 in revenue would generate about $50,000 for the owner. There are more accurate ways to predict 7 Eleven`s franchise revenue, but it will give you a fleet of balls. Now you know why you often see owners working in stores. „This is another example of the 7 Eleven Group`s culture of personal interest. We have repeatedly asked the company to sit down at the negotiating table to discuss, in good faith and mutual respect, how to change the terms of the franchise agreement in order to relieve franchisees facing a fragile future due to burdensome contractual terms,“ Karp said.