TL;DR
7-Eleven is waiving its franchise fee for 200 U.S. locations through June 30, saving potential franchisees around $80,000 in upfront costs. The initiative still requires potential business owners to cover licensing costs, permits and an initial down payment on inventory.
7-Eleven is offering franchise agreements for 200 locations across the U.S. with a waived franchise fee, which could save franchisees around $80,000 in payment.
This initiative runs through June 30 and still requires potential business owners to cover licensing costs, permits and an initial down payment on inventory –which totals around $30,000.
"These locations offer would-be entrepreneurs a chance to go into business for themselves without the expense of the one-time franchise fee," said Greg Franks, vice president of franchising systems. "With the Zero Franchise Fee Initiative, we opted to waive the fee on these specific stores to allow the new owner a chance to build his or her customer base and business, while backed by our proprietary systems, processes and ongoing support."
In this story
This story was originally published in 1851 Franchise on February 18, 2015. Burnaze summarizes and links to the original reporting.
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