Have You Opened Your 7-Eleven Yet?
We've said it before: Sooner or later, we'll own a 7-Eleven location or just work at one. The Dallas-based convenience-store chain's been making a concerted effort to expand since last summer, and it's been reaching out to potential franchisees, including the wanna-be boss looking to take over an existing location or the fed-up retailer willing to convert an existing shoppe into an oh-thank-heavens. Forbes says getting into the Slupree business is a pretty good bet: The magazine ranks 7-Eleven third on its newly published list of the "Top 20 Franchises To Start." Why the high recommendation?
Ubiquitous, resilient retailer with relatively low franchising fees compared with other big brands. Also offers lots of corporate support. And, really, who doesn't like a Slurpee?
It's relatively cheap to buy in (the average initial franchise fee's $31,000) and the adios rate's low so far (only 175 closures over the last five years). And the sandwiches are surprisingly good when it gets to be 3:24 p.m. and you forgot to eat lunch.
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