Buying A 7 Eleven Franchise | Pros and Cons | Is The Price Worth It
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Would You Buy a 7-Eleven Franchise?
How Much Does a 7Eleven Franchise Cost?
7-Eleven is one of the most popular franchise brands all over the world. Whenever you see the 7 eleven sign you know a few things. You can go get a slurpee and the store is open 24 hours no matter the day.
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0:00 – Intro
2:54 – 7Eleven Application Process
7:56 – 7Eleven Pros and Cons
14:01 – How Much Does A 7-Eleven Owner Makes
16:11 – Additional Research On The Company
19:37 – Landos Franchise Score
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7-Eleven, Inc. (stylized as 7ᴇʟᴇᴠᴇn) is an international chain of convenience stores, headquartered in Dallas, Texas, United States. The chain was founded in 1927 as an ice house storefront in Dallas. It was named Tote’m Stores between 1928 and 1946. After 70% of the company was acquired by Japanese affiliate Ito-Yokado in 1991, it was reorganized as a wholly owned subsidiary of Seven-Eleven Japan Co., Ltd in 2005, and is now held by Chiyoda, Tokyo-based Seven & I Holdings Co.
7-Eleven operates, franchises, and licenses 71,100 stores in 17 countries as of July 2020.
Products and Service
7-Eleven in the United States sells Slurpee drinks, a partially frozen soft drink introduced in 1965 (Oklahoma’s stores are known as Icy Drink), and Big Gulp beverages, introduced in 1976.Other products include: 7-Select private-brand products, coffee, fresh-made daily sandwiches, fresh fruit, salads, bakery items, hot and prepared foods, gasoline, dairy products, carbonated beverages and energy drinks, juices, donuts, financial services, and product delivery services.
7-Eleven is known for its relatively large drink sizes and 24-hour accessibility. 7-Eleven offers beverages in sizes as large as 128 ounces (3785 mL) (Team Gulp). These beverage sizes were all among the largest sold soft drinks when they were introduced. 7-Eleven has often been associated with these large sodas in popular culture. For example, Mayor Michael Bloomberg’s proposed ban on large sodas in New York City was frequently referred to as the ‘Big Gulp ban’
In 2012, 7-Eleven changed the size of the Double Gulp from 64 ounces to 50 ounces (1478 mL). The older style cups were too wide at the bottom and did not fit beverage holders in cars. This was not a reaction to the large soda ban proposal, according to a spokesperson. In February 2020, they opened a cashierless location at the 7-Eleven headquarters in Irving, Texas.
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