7-Eleven brings back ‘Zero Franchise Fee’
After its successful launch last year, convenience store chain 7-Eleven is offering once again its ‘Zero Franchise Fee’ program both to prospective entrepreneurs and business owners including 7-Eleven franchisees who want to grow their business by adding more stores.
Approximately 300 stores across the United States are available for franchising and the waived fee will help franchisees save up to $80,000.
To qualify for the program, according to PRNewswire.com, “a candidate must be at least 21 years old and a U.S. citizen or have permanent residency, have three to five years of retail, operations and management experience, have excellent credit and at least $50,000 in liquid assets.”
Prospective franchisees also have to shoulder the costs of licensing, permits and the initial down-payment on inventory, totalling approximately $30,000.
7-Eleven will provide franchisees extensive training, business support, high-quality brands, retail technology, and the opportunity to avail of the c-store chain’s Gross Income Support Program that provides additional, limited-time financial support.
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