- Last Year Rank: 2
- Investment Range: $142,150 - $1,627,710
- Initial Investment: $0 - $690,000
- Category: Retail
Company Description
7-Eleven is one of the largest franchises in the world in terms of sales and stands alone in the Top 400 in terms of worldwide units with more than 80,000 units globally. The franchise gets its name from its original operating hours—7 a.m. to 11 p.m.—although its locations are now open 24/7.
A convenience store chain offering snacks, drinks and hot foods, 7-Eleven is known for its large “Slurpees,” which are free on July 11 (7-11) each year. It claims to be the first convenience store to sell gas, offer ATM services and sell coffee to go.
While company headquarters are still in Dallas, 7-Eleven is owned by Tokyo-based Seven-Eleven, which is in turn owned by the Japanese holding company Seven & I Holdings. Stephen Hayes Dacus was named CEO of Seven & I in May amidst a $49 billion buyout offer from Circle K owner Alimentation Couche-Tard.
Company Statistics
- Global Sales: $98,000,000,000*
- US Units: 12,055
- International Units: 73,761
- Total Units: 85,816
- Percent Franchised: 94%
- % International Units: 86%
- US Franchised Units: 7,229
- International Franchised Units: 73,204
- Sales Growth %: 0.1%
- Unit Growth %: 1.5%
*Franchise Times Estimate
