Is 7-eleven a good franchise to run?

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  • developer
    Confirmed User
    • Jun 2003
    • 201

    #1

    Is 7-eleven a good franchise to run?

    Hello!

    Is 7-eleven a good franchise to run a shop for?
  • Alltopnotch
    Confirmed User
    • May 2004
    • 2845

    #2
    no.
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    • developer
      Confirmed User
      • Jun 2003
      • 201

      #3
      Originally posted by Alltopnotch
      no.
      Why not please?

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      • Steen2
        Confirmed User
        • Feb 2004
        • 7662

        #4
        Originally posted by developer
        Why not please?
        All the 13 year olds steal all your candy
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        • Babagirls
          Text Writer
          • Feb 2001
          • 18812

          #5
          I sell Slushies.




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          • kaliboy2g
            So Fucking Banned (YEA!!)
            • Jun 2004
            • 10963

            #6
            Ive always thought of opening a SubWay franchise.

            I got all the info, just need the investment..
            Care about me?
            Who?
            Me!
            Who?

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            • Rich
              So Fucking Banned
              • Jan 2003
              • 11486

              #7
              I don't know of anyone here who owns a 7-11 franchise, but there may be.

              I was thinking about getting on the Quiznos wagon until Subway came out with toasted subs.

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              • Paparazzi
                Confirmed User
                • Mar 2002
                • 3488

                #8
                no

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                • Snake Doctor
                  I'm Lenny2 Bitch
                  • Mar 2001
                  • 13449

                  #9
                  No its not....take it from someone who was in the C-store business for a long time.

                  If you have the cash to get a C-store franchise then you have enough to buy a turnkey operation or something similar.

                  You're better off opening a McDonald's than "Jim's Burgers" for sure...but in the gas station/convenience store business branding isn't as important......people shop where its most convenient so there's no point in giving 7-11 half your profits (plus you have to eat all the inventory shrink and cash shortages out of your end)
                  sig too big

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                  • developer
                    Confirmed User
                    • Jun 2003
                    • 201

                    #10
                    I see. I did ask because here in Sweden, about half of the shops did a negative result the year of 2002. ( Many of the owners are forced to put in about 80 hours/week because they don't have the funds to employ people)

                    Here they has also left the "Swedish Franchise group" which should be a warning sign.

                    ( Was on the business news today)

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                    • Sarah_Jayne
                      Now with more Jayne
                      • Dec 2002
                      • 40077

                      #11
                      my parents owned one when i was really little and my dad says they gave it up because he spent half his time chasing shoplifters.

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                      • developer
                        Confirmed User
                        • Jun 2003
                        • 201

                        #12
                        Originally posted by sarah_webinc
                        my parents owned one when i was really little and my dad says they gave it up because he spent half his time chasing shoplifters.
                        What did they do instead?

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                        • jimmyf
                          OU812
                          • Feb 2001
                          • 12651

                          #13
                          Originally posted by kaliboy2g
                          Ive always thought of opening a SubWay franchise.

                          I got all the info, just need the investment..
                          i think a subway would be great, a lot less work than a 7-11. I thought about one, some years ago.
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                          • jimmyf
                            OU812
                            • Feb 2001
                            • 12651

                            #14
                            Had some friends in the Bay Area that had 7-11's and they worked there ass's off. And you can not just hire someone 2 run one, you'll go busted.

                            A couple had one for 25 or 30 years, they made a lot of money but worked 7 day a week. She got shot once in the arm. If some can't show up for the late shift you got 2 work. Sold it for a ton

                            Other friends were from India, they had 3 store's and made a lot of money also. They had plenty of family 2 work in the stores.

                            If you can put up with ass hole's ( the public ) and ready for working a lot of hours.

                            most are open 24/7 ever day
                            Last edited by jimmyf; 10-18-2004, 02:47 PM.
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                            • cold_ice
                              Confirmed User
                              • Jun 2002
                              • 3027

                              #15
                              Yes if the location is awesome, but for the most part I would have to say No. I know a few people that have tried owning one and it just didn't make them any money . The rents were to high and they had to follow to many rules and regulations from 7-11.

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                              • TheJimmy
                                ICQ- five seven 0 2 5 5 0
                                • Jan 2001
                                • 10747

                                #16
                                I have a very old friend of the family that owns a few in LA...but I think most of his money comes from other stuff, ie the other properties he owns...


                                as long as it makes you some profit and doesn't tie up a majority of your time to manage it should be well worth it...


                                best thing to do is go do some homework on where you would like to open one, local economy and location play big rolls in biz like that...
                                Investor with 5m - 15m USD to invest. Do you have a site or network of sites earning 50k - 200k a month income? Email your contact and preliminary data to: domain.cashventures (at) gmail.com....Please...no tire kickers...serious offers and inquiries only.

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                                • Sarah_Jayne
                                  Now with more Jayne
                                  • Dec 2002
                                  • 40077

                                  #17
                                  Originally posted by developer
                                  What did they do instead?
                                  My mom was finishing up her grad degree and became a teacher and my dad became a travel agent. They both had teaching degrees when they opened it. One of the good things was that when we moved house when I was a young teen I found a huge collection of unopened late 70s penthouses and hustlers in the attic and hid them so they moved to my bedroom in the new place and hence my sexuality was born.

                                  Comment

                                  • developer
                                    Confirmed User
                                    • Jun 2003
                                    • 201

                                    #18
                                    Originally posted by sarah_webinc
                                    My mom was finishing up her grad degree and became a teacher and my dad became a travel agent. They both had teaching degrees when they opened it. One of the good things was that when we moved house when I was a young teen I found a huge collection of unopened late 70s penthouses and hustlers in the attic and hid them so they moved to my bedroom in the new place and hence my sexuality was born.
                                    I see.

                                    I bet your mother taught the shoplifters to not do it again.

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                                    • axelcat
                                      Adult Locals
                                      • Jun 2002
                                      • 25450

                                      #19
                                      it attracts scum

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                                      • detoxed
                                        vip member
                                        • Jan 2003
                                        • 17798

                                        #20
                                        As a full time 7-11 cashier I can say that this is a fine organization.

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                                        • Sarah_Jayne
                                          Now with more Jayne
                                          • Dec 2002
                                          • 40077

                                          #21
                                          Originally posted by developer
                                          I see.

                                          I bet your mother taught the shoplifters to not do it again.
                                          erm...not sure I want to think about it

                                          Comment

                                          • developer
                                            Confirmed User
                                            • Jun 2003
                                            • 201

                                            #22
                                            Originally posted by detoxed
                                            As a full time 7-11 cashier I can say that this is a fine organization.
                                            Approx how many hours/week does the owner work in the shop?

                                            Comment

                                            • the Shemp
                                              congrats to the winners
                                              • Nov 2001
                                              • 10891

                                              #23
                                              Originally posted by developer
                                              Hello!

                                              Is 7-eleven a good franchise to run a shop for?
                                              if you need info, i think their head office is in Karachi
                                              i use Vacares...so should you
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                                              • sternyduke
                                                Confirmed User
                                                • Jun 2001
                                                • 1082

                                                #24
                                                no...been there done that. the profit margins suck, theiving employees on top of shoplifting losers.

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                                                • Gynecologist
                                                  Confirmed User
                                                  • Sep 2004
                                                  • 2184

                                                  #25
                                                  Originally posted by Steen2
                                                  All the 13 year olds steal all your candy
                                                  Yeah and the thugs will shoot your employees for whatever cash is in the register.

                                                  Plus, your employees will steal 100 times more than the customers.

                                                  Comment

                                                  • sexeducation
                                                    So Fucking Banned
                                                    • Jun 2003
                                                    • 7315

                                                    #26
                                                    Originally posted by developer
                                                    Hello!

                                                    Is 7-eleven a good franchise to run a shop for?
                                                    I worked for 7-eleven for awhile.
                                                    They run a tight ship and well polished.

                                                    As always in retail it's LOCATION, LOCATION, LOCATION.

                                                    If you are a working "Manager" then it can be quite a bit of work.
                                                    Lots of hours initially until you get your core crew going - LOTS.

                                                    Comment

                                                    • pornguy
                                                      Too lazy to set a custom title
                                                      • Mar 2003
                                                      • 62912

                                                      #27
                                                      Subway would be a good one. Or if it is cold where you live, a coffee shop.
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                                                      • aSStig
                                                        Confirmed User
                                                        • Apr 2004
                                                        • 1102

                                                        #28
                                                        i dont think owning a 7-11 store is good investment . . . . .


                                                        you would lose your money and patience . . . . .

                                                        try other business . . . . . .
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                                                        • tony299
                                                          lurker
                                                          • Aug 2002
                                                          • 57021

                                                          #29
                                                          its a license to print money ,dont listen to these people and the way adult is going its a better investment of your time.
                                                          Last edited by tony286; 10-18-2004, 05:16 PM.

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                                                          • gdog
                                                            Confirmed User
                                                            • Aug 2004
                                                            • 1550

                                                            #30
                                                            If you have that kind of money to buy a 7-11 you should rather buy a Subway franchise.

                                                            One of my friends has 3 and makes bank.

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                                                            • AdultNex
                                                              Confirmed User
                                                              • Feb 2003
                                                              • 8985

                                                              #31
                                                              "Thank you, come again" - Quote from White Castle.

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                                                              • Goatse
                                                                Confirmed User
                                                                • Sep 2003
                                                                • 2086

                                                                #32
                                                                I went to school with a guy whose father owned a 7-11 in an upper-class neighborhood, and they made quite a bit of money. He said that selling lottery tickets was one of the most profitable part of the store, ironically.

                                                                Comment

                                                                • developer
                                                                  Confirmed User
                                                                  • Jun 2003
                                                                  • 201

                                                                  #33
                                                                  Originally posted by Goatse
                                                                  I went to school with a guy whose father owned a 7-11 in an upper-class neighborhood, and they made quite a bit of money. He said that selling lottery tickets was one of the most profitable part of the store, ironically.
                                                                  Better open a lottery stand then.

                                                                  Comment

                                                                  • wdsguy
                                                                    Ryde or Die
                                                                    • Dec 2002
                                                                    • 19568

                                                                    #34
                                                                    only if u can get a guy name apu to run it

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                                                                    • bringer
                                                                      i have man boobies
                                                                      • Jul 2003
                                                                      • 13082

                                                                      #35
                                                                      bad idea unless you have an employee in a turret behind the counter
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                                                                      • rakeback
                                                                        Confirmed User
                                                                        • Mar 2004
                                                                        • 405

                                                                        #36
                                                                        Convience stores = downgrade

                                                                        if you want to make some $$

                                                                        Try franchising a Jamba Juice
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                                                                        • rakeback
                                                                          Confirmed User
                                                                          • Mar 2004
                                                                          • 405

                                                                          #37
                                                                          Originally posted by developer
                                                                          Better open a lottery stand then.
                                                                          That's really sad becuase I think the most anyone ever gets from the lottery for sellling is 5%.

                                                                          That's a shitty margin.
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                                                                          • xclusive
                                                                            Too lazy to set a custom title
                                                                            • Apr 2004
                                                                            • 35218

                                                                            #38
                                                                            Ok you have a lot of things to consider but I would suggest you do a little research and see what is lacking in your area. If it's a 7-11 then open one and you will make a profit but you won't if your area is oversaturated, So do the research and be prepared to work hard and you will do fine...

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                                                                            • Drake
                                                                              Hello world!
                                                                              • Mar 2003
                                                                              • 12508

                                                                              #39
                                                                              Think long hours of work, you know 24/7. Exactly like working online except that you can't sleep in and work with your pajamas on.

                                                                              It's like running a donut shop. Sucks.

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                                                                              • Marcus
                                                                                Confirmed User
                                                                                • Jul 2001
                                                                                • 3472

                                                                                #40
                                                                                http://www.entrepreneur.com/franzone...2-2004,00.html

                                                                                looks good

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                                                                                • smack
                                                                                  Push Porn Like Weight.
                                                                                  • Mar 2002
                                                                                  • 10652

                                                                                  #41
                                                                                  i would say no. gotta worry about people staealing shit. getting robbed. whatever. something food service oriented might be better.

                                                                                  but finding the right people to run a good store is always hard.
                                                                                  Cry havoc and let slip the dogs of war.

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                                                                                  • stocktrader23
                                                                                    Let's do some business.
                                                                                    • Jan 2003
                                                                                    • 18781

                                                                                    #42
                                                                                    Convenient stores make a ton of money but I would never buy a franchise.


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                                                                                    • Sarah_Jayne
                                                                                      Now with more Jayne
                                                                                      • Dec 2002
                                                                                      • 40077

                                                                                      #43
                                                                                      I always fancied opening a storage place in a college town but it wouldn't be worth it in the UK. Guess if I ever have to go back home I will look for a town..lol

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