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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Join Date: Jun 2003
Posts: 201
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![]() Hello!
![]() Is 7-eleven a good franchise to run a shop for? |
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#2 |
Confirmed User
Join Date: May 2004
Location: Oakland
Posts: 2,845
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no.
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#3 | |
Confirmed User
Join Date: Jun 2003
Posts: 201
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#4 | |
Confirmed User
Join Date: Feb 2004
Location: Vancouver, Canada
Posts: 7,662
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ICQ: 2262.73945 |
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#5 |
Text Writer
Join Date: Feb 2001
Location: Wisconsin
Posts: 18,812
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I sell Slushies.
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#6 |
So Fucking Banned (YEA!!)
Join Date: Jun 2004
Posts: 10,963
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Ive always thought of opening a SubWay franchise.
I got all the info, just need the investment..
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Care about me? Who? Me! Who? |
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#7 |
So Fucking Banned
Join Date: Jan 2003
Posts: 11,486
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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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#8 |
Confirmed User
Join Date: Mar 2002
Posts: 3,488
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no
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#9 |
I'm Lenny2 Bitch
Join Date: Mar 2001
Location: On top of my soapbox
Posts: 13,449
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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)
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#10 |
Confirmed User
Join Date: Jun 2003
Posts: 201
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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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#11 |
Now with more Jayne
Industry Role:
Join Date: Dec 2002
Location: Los Angeles
Posts: 40,077
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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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#12 | |
Confirmed User
Join Date: Jun 2003
Posts: 201
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#13 | |
OU812
Join Date: Feb 2001
Location: California
Posts: 12,651
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#14 |
OU812
Join Date: Feb 2001
Location: California
Posts: 12,651
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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
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#15 |
Confirmed User
Join Date: Jun 2002
Location: cali
Posts: 3,027
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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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#16 |
ICQ- five seven 0 2 5 5 0
Join Date: Jan 2001
Posts: 10,747
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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...
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#17 | |
Now with more Jayne
Industry Role:
Join Date: Dec 2002
Location: Los Angeles
Posts: 40,077
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#18 | |
Confirmed User
Join Date: Jun 2003
Posts: 201
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#19 |
Adult Locals
Join Date: Jun 2002
Location: West Coast
Posts: 25,450
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it attracts scum
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#20 |
vip member
Join Date: Jan 2003
Posts: 17,798
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As a full time 7-11 cashier I can say that this is a fine organization.
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#21 | |
Now with more Jayne
Industry Role:
Join Date: Dec 2002
Location: Los Angeles
Posts: 40,077
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#22 | |
Confirmed User
Join Date: Jun 2003
Posts: 201
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#23 | |
congrats to the winners
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Join Date: Nov 2001
Location: Echo Beach
Posts: 10,891
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#24 |
Confirmed User
Join Date: Jun 2001
Location: scottsdale
Posts: 1,082
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no...been there done that. the profit margins suck, theiving employees on top of shoplifting losers.
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#25 | |
Confirmed User
Join Date: Sep 2004
Location: Los Angeles
Posts: 2,184
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Plus, your employees will steal 100 times more than the customers. |
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#26 | |
So Fucking Banned
Join Date: Jun 2003
Location: Calgary - Alberta - Canada
Posts: 7,315
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Quote:
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. |
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#27 |
Too lazy to set a custom title
Industry Role:
Join Date: Mar 2003
Location: Homeless
Posts: 62,911
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Subway would be a good one. Or if it is cold where you live, a coffee shop.
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#28 |
Confirmed User
Join Date: Apr 2004
Posts: 1,102
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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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#29 |
lurker
Industry Role:
Join Date: Aug 2002
Location: atlanta
Posts: 57,021
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its a license to print money ,dont listen to these people and the way adult is going its a better investment of your time.
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#30 |
Confirmed User
Join Date: Aug 2004
Location: San Diego
Posts: 1,550
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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. G
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#31 |
Confirmed User
Join Date: Feb 2003
Location: Bostonnnn
Posts: 8,985
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"Thank you, come again" - Quote from White Castle.
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#32 |
Confirmed User
Join Date: Sep 2003
Posts: 2,086
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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.
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#33 | |
Confirmed User
Join Date: Jun 2003
Posts: 201
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#34 |
Ryde or Die
Industry Role:
Join Date: Dec 2002
Location: California-Shanghai
Posts: 19,568
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only if u can get a guy name apu to run it
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#35 |
i have man boobies
Join Date: Jul 2003
Location: van down by the river
Posts: 13,082
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bad idea unless you have an employee in a turret behind the counter
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#36 |
Confirmed User
Join Date: Mar 2004
Posts: 405
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Convience stores = downgrade
if you want to make some $$ Try franchising a Jamba Juice |
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#37 | |
Confirmed User
Join Date: Mar 2004
Posts: 405
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Quote:
That's a shitty margin. |
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#38 |
Too lazy to set a custom title
Join Date: Apr 2004
Location: Buffalo, NY
Posts: 35,218
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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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#39 |
Hello world!
Industry Role:
Join Date: Mar 2003
Posts: 12,508
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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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#40 |
Confirmed User
Industry Role:
Join Date: Jul 2001
Posts: 3,472
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#41 |
Push Porn Like Weight.
Industry Role:
Join Date: Mar 2002
Location: Inside .NET
Posts: 10,652
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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.
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#42 |
Let's do some business.
Industry Role:
Join Date: Jan 2003
Location: The dirty south.
Posts: 18,781
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Convenient stores make a ton of money but I would never buy a franchise.
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#43 |
Now with more Jayne
Industry Role:
Join Date: Dec 2002
Location: Los Angeles
Posts: 40,077
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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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