Hi all…
Am interested in potentially investing in a 7-Eleven franchise and would love to hear from anyone who has experience with it. If you have owned or operated a 7-Eleven franchise, could you please share your thoughts?
3 Likes
A gallon of gas only makes up between $0.03 and $0.07 in net profit after labor, utilities, maintenance, insurance, and credit card transaction costs are deducted.
If there is a car wash, the majority of the operators give a gas discount (between $0.10 and $0.20 per gallon) when the vehicle wash is purchased at the pumps.
In a modern convenience shop, sales of food and drinks prepared to order generate the majority of revenue.
The markup for food produced on-site is 180%, for hot beverages it is 170%, for milk it is 43%, for bread it is 29%, and for automobiles it is 93%, according to NACS.
2 Likes
7-Eleven franchise reviews are generally positive, highlighting the strong brand recognition and support. However, some franchisees mention high fees and intensive operational demands. Success often depends on location and management, with profitability varying based on these factors.
2 Likes
I suggest looking for other ways to make money instead of owning and running a convenience store.
You’ll need to put in almost all your time, every day, to keep it going, and the profit probably won’t be much. If someone is selling theirs, it’s likely because they’re worn out.
You’ll face constant problems with finding staff, frequent theft, occasional robberies, and never-ending stress.
I say this based on 10 years of experience working at QuikTrip.