Where is the closest 7-Eleven?
Key facts about 7 Eleven
7 Eleven is a well-known chain of convenience stores around the globe. Taking a look back at the company's origins, the company is an example of a fruitful American-Japanese international collaborative business that has been quite successful in the market through its wide range of products and massive discount campaigns worldwide.
Based on the official 2015 business records, the 7 Eleven is standing at a massive total brand value of $7.5 billion, which is quite impressive for a commercial retail chain founded back in 1927. Moreover, the brand has been able to show remarkable growth despite global turbulence and the recent pandemic.
The history of the 7 Eleven
Founded as an ice house back in 1927, the 7 Eleven first appeared on the world business map in the beautiful Dallas, Texas, United States. The company was named "Tote'm Stores" from 1928 to 1946.
In the year 2005, Seven and I Holdings acquired the complete 7 Eleven franchise locations and still holds the majority of the share portion of 7 Eleven. Speedway LLC, 7 Eleven Malaysia, Hldgs, etc., are some of the commonly known international subsidiaries of the parent 7 Eleven outlets.
Mission and Vision of the 7 Eleven
Since its first day of operations, 7 Eleven has had a clear vision regarding the mode of functions and their user-oriented massive discount offers published on a regular basis. Probably one of the main reasons behind the success of the 7 Eleven franchise is its customer-focused approach and excellent customer care.
The company also allows its users to shop online while navigating through a wide range of high-quality food and everyday use products with a delivery service that successfully distributes products across the US soil and worldwide.
FAQs
How much does it cost to buy a 7 Eleven license?
There are many kinds of payments that need to be made before finalizing your deal to buy a 7 Eleven franchise. An initial franchise fee of around $25,000, followed by an inventory down payment ranging from $20,000 – $40,000 and an initial cash register fund.
What's so unique about 7 Eleven?
For the fact that most of you probably don't know, the 7 Eleven is the first-ever chain of retail stores in the US that started to keep their stores open for service 24/7 throughout their locations.
Does 7 Eleven have free Slurpees?
Yes! Across the 7 Eleven retail chains, customers can visit their nearest 7 Eleven convenience store between 7 am and 11 pm local time of the region to enjoy a free small Slurpee! This has proved to become one of the most successful marketing techniques even seen.
Conclusion
With their super successful marketing tactics and top-quality products, 7 Eleven has undoubtedly achieved a dedicated spot in the world of convenient stores across the globe, specifically targeting the US market. And based on the current projections of the company, it's growing quite impressively over the past few years, which is indeed remarkable.
Typical Hours of Operation
Mo Open 24 hours
Tu Open 24 hours
We Open 24 hours
Th Open 24 hours
Fr Open 24 hours
Sa Open 24 hours
Su Open 24 hours
Locations: 7990 locations in 49 states and 2050 cities.
Categories
- Grocery Stores
- Liquor Stores
Related to 7-Eleven
