Thinking of becoming a 7-Eleven franchsisee? Of course not. But if you were, be prepared to shell out BIG BUCKS to get your bland brand up and running!
Entrepreneur.com has a report on the costs of becoming a 7-Eleven franchisee and it ain’t cheap!
Startup Costs, Ongoing Fees and Financing
Total Investment: $30,800 – $1,500,000
Franchise Fee: $10,000 – $1,000,000
Ongoing Royalty Fee: Varies
Term of Franchise Agreement: 10years, renewable
Net Worth: $127,000
Ouch! If the cost isn’t enough to deter the savvy business person, 7-Eleven will raid your store if you sell items your customers request.
You can read the full report here. [Entrepreneur.com]