7-Eleven, the most popular chain of convenience stores around the world is probably the most coveted franchise aside from Mc Donalds. With the ubiquitous green, red and yellow signage to the ever so popular Slurpee, the 7-Eleven franchise gets the most requests to feature here in Franchising Philippines Net. After a few research, this post will now answer the most frequently asked questions:
How much is the franchise fee for a 7-11 franchise?
You will need P600,000.00 for the initial franchise fee. Please not that you will need more initial investment for fixed assets and buffer money for fixed assets, initial inventory, crew salary and such.
How much money do I need to run a Seven Eleven Franchise?
Every 7-Eleven franchise outlets varies in initial investment but you typically need around 1 to 5 million to really start the business. This estimate is inclusive of the franchise fee mentioned earlier.
How much space do I need?
More than 120 square meters. You can still apply for the franchise even if you still do not have the location yet, though.
When do I get my initial investment back?
It depends on your customer service, dedication, ability to manage your staff and your location, along with other factors. It varies, really.