Tuesday, November 29, 2011

How Much To Franchise in 7-Eleven

Last November 24, 2011, I received an e-mail from "Herbs Ibrahim" asking how much to franchise in 7-Eleven.

Well before I even received his letter, I already inquired to 7-Eleven how to franchise a 7-Eleven store and how much is the cost. This is in relation to the article I read in Manila Bulletin dated November 21, 2011.

7-Eleven is swift and has been very cordial to my request. Just to set the records straight, I am not affiliated in anyway whatsoever with 7-Eleven. You can visit their website http://www.7-eleven.com.ph/ for more info.

For a new store franchise, investment costs around 3.5M - 4.5M inclusive of construction cost, initial merchandise, franchise fee, store supplies and advance rent
and deposit.


For Service Agreement, total investment would be around 1M - 2M depending on
the sales of these existing stores.


You can check the detailed breakdown of the investment here, 7-Eleven.

Here is a part of the e-mail I received from their PR.

Our special OFW package offers qualified applicants a discount on franchise fees. Kindly refer to the attached summary of our franchise packages. You may also have a representative to attend our regular Franchise Briefing every Mon and Thurs at 10 AM and 2 PM, to know more about our franchise packages. We are located at the 7th floor, Columbia Tower, Ortigas Ave., Mandaluyong near POEA.
Our franchise offer is basically 2 packages:

(1) Applying for a NEW STORE FRANCHISE (code: FC1) -

As PSC continually expands in Manila and metro provinces around the
country, our franchise applicants are simultaneously offered these new
sites as potential locations for their franchise business. Even if you
have a preferred location, PSC will evaluate your site together with
your application (area would be ranging from 80-120 sqm). Total
investment would be around 3.5M - 4.5M inclusive of construction cost,
initial merchandise, franchise fee, store supplies and advance rent
and deposit.

(2) Applying under a MANAGEMENT AGREEMENT (Code: SA) -

Service Agreement, puts the operator in the front seat of the business
by allowing him to directly run the store as the designated Store
Manager. SA stores are our corporate stores that we award to
franchisees Total investment would be around 1M - 2M depending on
the sales of these existing stores.

Inclusive to the franchise terms of each of the above packages are the
use of 7-Eleven proprietary brands, use of 7-Eleven operations,
equipment and merchandise systems, a comprehensive 4 to 8
week training, involvement in national advertising and
promotions, start-up and bookkeeping assistance, and weekly visits by
our field consultants.

Presently our expansion and existing network of stores are
concentrated in island of Luzon covering Baguio, Pampanga, Bulacan, the
National Capitol Region, Cavite, Laguna, Batangas, Lucena down to
Bicol province.

**Timing would take a minimum of 90 up to 180 days for the entire franchise process.


4 comments:

  1. hi there, I'm curious, what would be the benefit for the franchisee in the service agreement package? thanks

    budz

    ReplyDelete
  2. as i read in yahoo answers it says 60/40 of profit sharing with the franchise.

    ReplyDelete
  3. hi! i want to know if the place were it be located affects franchise fee?
    cause i
    planing to franchise in makati.

    ReplyDelete
  4. gud am...im interested to franchise 7-11 ,,,I'm just want to know what requirement needed ....i want to go ur office this coming 22 of this month...pls reply

    ReplyDelete