90 Buffalo-area stores available for franchising
If the idea of managing your own business with the support of the world's largest convenience retailer is appealing, mark your calendars. 7-Eleven Inc. is presenting a free franchising sales seminar Thursday, Sept. 18. It will take place from 3 to 5:30 p.m. at the 7-Eleven Training Center, 1100 Southwestern Blvd., West Seneca.
The seminar will provide an overview of the 7-Eleven franchise system business model and the benefits of franchising. To register online, visit http://franchise.7-eleven.com/seminar%20sign-up/.
There are currently 90 Buffalo-area stores available for franchising.
7-Eleven provides the land, building, equipment and a turnkey operation for its franchisees. Organizers said 7-Eleven ownership is ideal for individuals seeking second careers, such as retired or separated military veterans, and is well-suited for families, women and entrepreneurs.
In July, the world's largest convenience retailer increased its franchising-fee discount up to 20 percent - capped at $50,000 - as an added incentive for qualified veterans who have left the service within the past four years.
7-Eleven will continue to offer a 10 percent franchise fee discount to all other military veterans who meet the company's franchisee qualifications. The company first instituted the incentive for retired and separated veterans of the U.S. Armed Forces in 2009 to help them achieve the dream of owning one's own business.
Through its military veterans franchise program, qualified veterans who become first-time 7-Eleven franchisees will receive a 10 percent discount on the franchise fee for the first 7-Eleven store they franchise. This discount can range from $1,000 up to approximately $35,000, depending on the store.
2014 marks 7-Eleven's 50th year of franchising. Its first franchises were part of a 1964 acquisition (of 126 Speedee Mart stores) when 7-Eleven entered the California market. Before then, all of its stores were company-operated. By 1969, more than one-third of the 3,500-plus 7-Eleven stores were franchised. Today, 80 percent of 7-Eleven Inc.'s U.S. stores are franchised.
A majority of the Buffalo-area franchisee opportunities are for former Wilson Farms stores that were acquired in 2011 and subsequently refurbished by 7-Eleven.
Additional franchising information and a list of available locations can be found at www.franchise.7-Eleven.com.