Frequently Asked Questions:
Q. What are the qualifications of a 7-Eleven franchisee?
A. You love a good challenge, ready to put in hardwork, manage people and monitor finances, be a creative salesperson and help foster a shopping environment that entices your customers.
• A self-driven entrepreneur;
• Knows how to motivate his staff;
• Willing to directly oversee the operations of a 7-Eleven
• Service oriented, hardworking and possess strong entrepreneurial skills
• Financially capable to fund the investment
• Must not and is not directly or indirectly engaged in any similar business in conflict with 7-Eleven
Q. How much is the investment required for a potential franchisee to own a 7-Eleven?
A. The financial requirement ranges from P1 to P5 Million.
Q. What is included in the investment?
A. The investment includes the operational rights of the store, equipment and facilities, furniture and fixtures, air-con system, signage, and initial inventory.
Q. If I don't have a location can I apply for a franchise?
A. Yes, you can still apply.
Q. Can a corporation apply for a franchise?
A. Yes, a corporation may apply the franchise, but it is the required that the majority shareholder be the principal applicant and attends the training.
Q. How much is the return on investment?
A. The convenience store profitability is dependent on several factors such as; satisfying customer’s needs; how well you implement and work the 7-Eleven operating principles; sales performance; and your ability to control operating expenses. Other questions on financial viability will be discussed only during the application process.
Q. What is the required lot size or floor area?
A. The floor area for a 7-Eleven store is ideally 120 square meters.
Q. How long is the training program?
A. The franchisee is required to successfully complete a 4-week full time training program which is combined classroom and in-store.
Q. Who will provide the manpower to operate the store?
A. Store manpower salaries and benefits will be provided by the Franchisee
Investment may vary for each store. As a result of the continuous marketing efforts of the franchise division, availability of stores may also vary from opportunities presented herein.