7 Eleven Profile

February 22, 2006 by Mark | 0 Comments

7-eleven:

7-Eleven, Inc. is the world’s largest operator, franchisor and licensor of convenience stores with more than 27,900 units worldwide. The company name was changed from The Southland Corporation after approval by shareholders in 1999.

Founded in Dallas, Texas in 1927 as an ice company, 7-Eleven pioneered the convenience store concept during its early years when its ice docks began selling milk, bread and eggs as a convenience to customers.

The name 7-Eleven originated in 1946 when the stores were open from 7 a.m. until 11 p.m. Today, offering customers 24-hour convenience, seven days a week is the cornerstone of 7-Eleven’s business.

Approximately 5,800 7-Eleven and other convenience stores are operated and franchised in the United States and Canada. Together, these stores serve approximately 6 million customers daily. Every store focuses on meeting the needs of convenience-oriented customers by providing fresh, high-quality products and services at everyday fair prices, speedy transactions and a clean, safe and friendly shopping environment. Each store’s selection of up to 2,500 different products and services is tailored to meet the preferences of local customers. Stores typically vary in size from 2,400 to 3,000 square feet and are most often located on corners for the greatest visibility and easiest access.

Well known for the Big Gulp, the Big Bite, the Slurpee and its fresh brewed Café Select coffee, 7-Eleven has expanded its food service offerings to include a proprietary line of daily-prepared and daily-delivered deli items and baked goods. In addition, 7-Eleven offers a number of convenient services, including automated money orders, copiers, fax machines, ATMs, phone cards and, where available, lottery tickets.

Approximately 3,300 of 7-Eleven, Inc.’s 5,800 stores in North America are operated by franchisees, and approximately 430 are operated by licensees. The remainder are company-operated stores. 7-Eleven, Inc.’s licensees and affiliates operate more than 18,000 7-Eleven and other convenience stores in Japan, Australia, Mexico, Taiwan, Singapore, the Philippines, the United Kingdom, Sweden, Denmark, South Korea, Thailand, Norway, Turkey, Malaysia, China, Singapore and Guam.

This is one of the easiest and cheapest ways to become a franchisee.

In Franchising Worldwide, Franchising in USA and/or Canada

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