Entrepreneur Magazine ranked 7-Eleven this year’s #4 Franchise Opportunity. Oh, thank
heaven for 7-eleven” (IFA Franchising). Not only known to be a convenience/gas station
stop for many here in the United States but as well around the world, its largest markets
are located in Japan, Canada, the Philippines, Hong Kong, Taiwan, Malaysia and Thailand.
Known for its world-famous trademark and world-class opportunity, 7-Eleven takes a very
active role in preparing its franchisees for success. As its motto says, “Our success is
predicated on your success” (IFA franchising).
In 1927, the first 7-Eleven was founded in Dallas, Texas, at the beginning of the business
was only focus d on selling ice drink, milk and eggs. In May 1972, 7-Eleven opened first
store in Tokyo, Japan. Since then, the Japanese 7-Elevens haven been growing in a
high-speed, 115 stores was opened in a very short period. In 1992, the Japanese 7-Eleven
took over all the business of the headquarters. Today, it operates in more than 20 countries
and regions; there are more than 23,000 retailers and severing nearly 30 million customers
though out the world.
Strengths
The company helps their franchise owners in many ways which they assist, their franchise
owners:
Obtaining and bearing the ongoing cost of the land, building and store equipment
Paying water, sewer, gas and electric utilities expenses
Providing financing for all normal store operating expenses
Providing record keeping, bill paying and payroll services for the store operations
Providing a support structure and a consultant to meet with twice each week to help
maximize the store performance and profitability.
