When you drive by some popular street corner, you’ll likely spot a bright green sign with the red and orange “7” aglow, beckoning passers-by to stop in for a gallon of milk, chicken wings, or bread and cakes.
This local neighborhood convenience store known as 7-Eleven is a Japanese-American international chain of convenience stores that began as an ice house storefront in Dallas in 1927. 7-Eleven got its name because the stores were open from 7 a.m. until 11 p.m.
Today, the Franchise 7-Eleven cost over $80 billion. It is the most universal and recognizable store in the world, having about 71,100 store locations across the globe.
These figures are good news for investors in the commercial real estate market, especially those transacting in the single-tenant category and looking to diversify their portfolios.
Acquiring the single-tenant 7-eleven properties for sale in your city is an excellent way to add an income asset to your portfolio without the usual management duties.
The retail landscape is dramatically changing, but the demand for convenience stores like 7-Eleven never seems to fade. That’s why you can easily spot “7-eleven properties for sale” deals around the web.
7-Eleven continues to thrive during a down economy because the company tailors its stores to meet consumers’ daily impulse, instant gratification needs.
With such iconic brands such as Big Bite®, Big Gulp®, and Slurpee®, 7-Eleven has expanded its product assortments to items that we use every day: iced drinks, side dishes, cut fruit, salads, and mini beef tacos.
Therefore, investing in a booming globally recognized brand like this could be a considerable step to generating passive income. Are you contemplating becoming a 7-Eleven franchisee? There are a good number of reasons why you should.
Easy and Smart Start-up
It’s common knowledge to experienced business people that establishing a new enterprise isn’t like taking a stroll in the park. You often have to struggle with choosing a name for your retail store, building vendor relationships, and getting your finances right.
Yet, there’s no guarantee that business will kick off instantly. It might take a while before the new establishment starts to generate revenue.
However, 7-Eleven franchising makes the starting process even more straightforward. It saves you time and effort and shields you from such barriers and complications involved in a new start-up.
With a 7-Eleven franchise, you can be sure of opening your doors to the public within a few days after signing the initial deal terms (typically between thirty to ninety days).
If you’re experiencing considerable financial strains for financing the business, you can apply for funding. And if you meet the criteria, you can get up to 65 percent of the initial setup cost.
Investors might also be eligible for other incentives such as military and veteran financing. And they also get help from the experts to decide on a store location and plan the store layout.
More so, the management also takes care of staffing and equipment that you may need.
Outstanding Support
Having excellent support is crucial for the day-to-day running of your business operations. A dependable support system can help you overcome the common bottlenecks you may encounter when setting up your store.
In line with their corporate citizenship goals, the 7-eleven franchise corporation provides tools, resources, and innovations for stores to operate smoothly. During the early stages of your business, they would typically sponsor a training program to ensure you gain sufficient knowledge to manage your new store.
The Store Support Center (SSC) is always available at all hours of the day to attend to inquiries and emergencies. Whenever you get stuck, maybe when you have trouble keeping track of your accounting documents, the experts and field operations gurus will bring you up to speed on the systems and processes that will help you to manage your new store better.
Steady Revenue Stream
The essential objective of setting up a store is to make profits. And acquiring 7-eleven properties for sale is an excellent way to maximize the profit potential.
One of the advantages of buying a franchise is that you stand a reasonable chance to generate profit faster than when you launch the business from scratch—a 7-eleven franchise profits the investor with a significant consumer appeal that has been nurtured through 90 years.
Moreover, a franchise acts as a business framework. Because when you become a 7-eleven buying franchisee, you’ll likely follow a prescribed business plan, stocking your store with only high-quality products directly from the suppliers.
Furthermore, partnering with a large franchisor like 7-eleven can help you cut costs. When the management takes care of your supplies, equipment, and training, you can be sure your overhead costs become sustainable for your business.
Since the franchise manages some of the tasks you’d normally do as the store owner, you can focus on maintaining excellent customer satisfaction to ensure a continuous sales flow.
Global Market Audience
“7-Eleven’s iconic orange, green and red stripes are easily recognized in 17 countries around the world,” said 7-Eleven President and CEO Joe DePinto.
The multinational franchise has quickly advanced to become the world’s largest convenience brand. And this global market audience appeals to a broad range of investors. That’s why internet searches like “7-eleven for sale near me” get tons of traffic every month.
As a 7-Eleven franchisee, you’ll be partnering with a company recognized and loved around the globe. Think about how much exposure and leverage that gives you.
It becomes easier to make more sales. Customers will troop into your store because they are familiar with the brand name. And you can capture a market leadership position before competitors encroach on your space.
Conclusion
Buying 7-eleven properties for sale might be one of the most innovative business moves you’ve ever made. You can find some of the best deals available by exploring our triple net properties database.
Our experts at NNN Deal Finder are always happy to hear about your investment goals to help you explore all the opportunities that align with your objectives. Get in touch today to find out how we can assist you.