Our Franchisees are our business partners. Their success is ours too. That’s why we’d like the people we work with to be as passionate about delivering as great a customer experience as we are. After all, we’re going to be spending a lot of time together.
7-Eleven is seeking Franchisee candidates that are looking for an exciting business opportunity that’s full of growth potential.
7-Eleven is a 24-hour, 7 day a week retailer, and you will need to commit yourself full time to operating your business.
Here are some of the things we’re looking for in a business partner. Are you our perfect match?
You love customers and customers love you. You take pride in the service you provide, and wake up every morning excited to interact with a variety of individuals.
You have the ability to be persuasive when you need to be, because selling is second nature to you. In a nutshell, creating a great customer experience, makes you happy.Next: You’re a born communicator
You’re a natural leader and have a way of making all sorts of different people feel at ease in conversation. Constructive communication allows you to persuade or influence others. You know that your communication skills are one of greatest assets you have in leading teams to deliver great results.Next: You’re wired for success
People ask where your energy comes from. You know it’s a side effect of being driven to succeed. You love being busy if it can bring you closer to your goals. You’re forward thinking, decisive and emotionally measured. Work ethic is in your blood and you have stamina in spades.Next: You have an eye for detail
When something is not right, you can spot it from a mile away. You have great attention to detail, so whilst you’re able to focus on the big things, it’s without ignoring the little things that need to be executed to perfection. As the saying goes retail is all about detail, so having a sharp focus on the little things will ensure you have a fabulously presented store.Next: You adapt and learn
You know that often the skills for success are picked up along the way. You see everything in life as an opportunity to learn and improve, so you’re always receptive to new opportunities and embrace change.Next: You value the system
The science behind retail is something that excites you. You know how important it is to stick to proven methods and processes. Whilst you enjoy some routine and structure to your day, you can also be flexible, which is important when you’re dealing with customers.Back to Start: You’re a natural at service
Candidates are required to meet the following criteria before being eligible to become a 7-Eleven Franchisee.
To be a successful Franchisee is all about following the management system provided by 7-Eleven.
Theresa Zhou Port Melbourne, Victoria
An initial investment of between $400,000 and $1,000,000 + is what is required to become a 7-Eleven Franchisee, so it’s certainly a big decision to make.
Your initial investment is made up of the following four fees –
Payable to 7-Eleven
Payable to current Franchisee
The initial franchise fee will vary by store. The fee will be an amount determined by 7-Eleven. This fee is payable to 7-Eleven.
The incoming Franchisee is required to make a minimum $45,000 contribution to the purchase of the existing merchandise stock in the store on the day they take possession. This fee is payable to 7-Eleven.
An application fee of $5,500 is payable to 7-Eleven to cover the costs of administration, your 10 week training program (for 2 people) and uniforms.
In addition to the franchise fee paid to 7-Eleven, the purchase of an existing franchise will require a “goodwill” payment to be made to the selling Franchisee. The amount of the payment is determined through negotiation between the current Franchisee and the prospective Franchisee.
7-Eleven strongly encourages any prospective Franchisee to seek independent advice in regards to the value of any store they have expressed interest in purchasing.
7-Eleven is in the business of retailing, not banking, that’s why we are not the ones to speak to for organising the finances of your investment.. Many banks and financial institutions will consider an application to purchase a business and you should make any enquiries with them.
Most banking partners will require you to have a minimum of 40% of the total value of the investment you’ll require, with them offering up to 60% of the balance of financing you’ll need. This is indicative only, and will vary depending on the bank and your personal circumstances.