7-Eleven Recruits Veterans As Franchisees
Convenience store retailer 7-Eleven Inc. is offering discounted franchise fees to retired or separated veterans of the U.S. Armed Forces.
The chain plans to open 200 new stores this year, said store spokesman Margaret Chabris. All new stores will be franchised, she said. Nationally, there are 1,300 stores available for franchising. In the Dallas-Fort Worth area, 70 existing stores also are available for franchisees.
Veterans who have been honorably discharged from the services and are first-time 7-Eleven franchisees will receive a 10 percent discount on the initial franchise fee. This can translate to a savings of $1,000 up to $35,000, according to a release from the company.
7-Eleven said a franchise costs $50,000 to $300,000, depending on the store type, size and location.
There are locations available for franchising in 30 U.S. states, including Texas.
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