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7-11 Franchise for only P300,000?




Leading convenience store operator, Philippine Seven Corp., franchisee of 7-11 stores in the Philippines, is offering potential franchisees an opportunity to manage their own 7-11 outlet for as low as P300,000.

Interested? Here are more information about this 7-11 offer.

About 7-Eleven

In 1927, Texas-based company Southland Ice Company pioneered the concept of convenience stores by opening stores that sell bread, eggs, and milk even after regular store hours. In 1946, the company renamed to 7-Eleven to reflect its then operating hours of 7:00 AM to 11:00 PM.

In 1982, 7-11 arrived in the Philippines after Philippine Seven Corporation (PSC) acquired the license to operate it in the country.

As of 2016, PSC runs a total of 1,995 stores nationwide, securing a 70% market share in the convenience store category in the Philippines.

Currently, more than 55% of all 7-11 stores in the Philippines are franchised.

Increased Competition with Family Mart, Circle K, Mini Stop, etc. 

In 2017, the 7-11 company plans to farm out several corporate-owned stores to new franchisees. Franchisees are to be screened based on their “willingness and ability to run these stores full time,” according to Philippine Seven Corp.’s (PSC) president Jose Victor Paterno.

The move is meant to free up additional resources that PSC can use to further expand and open more stores nationwide.

This is surely part of 7-11’s bid to cement its position as the leading convenience store in the country, with the industry at present being shaken up by the entry of big, foreign players such as Family Mart, Circle K, Lawson, and Mini Stop.

The P300,000 Franchise Offer

Under the new 7-11 offer, franchisees need only pay P300,000 to take over an existing corporate store — that is, an outlet that has already opened and being operated by PSC for at least one year.

Do note, though, that the P300,000 payment is a mere deposit (sort of a “franchise fee”), which may be returned to the franchisee if and when the franchising contract is terminated without violation.

Of course, the P300,000 is just one of the, and not the only, cash outlay the franchisee has to shell out in order to continue operating the store.

The franchise owner has to spend on, among other things, employee wages, inventory stocks, and other store operating costs.

PSC, however, is offering to waive charges on electricity and maintenance on these franchised stores.

* Also read: How to Franchise: 7-Eleven in the Philippines (Standard 7-11 Store Franchise)

Profit Sharing Scheme

7-11 franchises follow a revenue business model wherein the store’s gross profit is split between PSC and the franchise owner.

For the reduced P300,000 franchise package, the profit share of the franchisee will obviously be lower compared to the standard franchising package. This is because the standard 7-11 franchise fee is more expensive, ranging from P300,000 to P1 million, and there are higher operating costs associated with running the store.

Contact Details

If you are interested about 7-11’s franchising offer, contact Philippine Seven Corp. for more information:

The Franchise Manager

Philippine Seven Corporation

7th Floor, Columbia Tower, Ortigas Ave.,  near corner EDSA

Mandaluyong City Philippines

Hotline: +63 (02)726-9968

Fax : +63 (02)705-5229

Mobile : +63 (920)950-8651; +63 (917)871-1686

email: franchising@7-eleven.com.ph

 

Want to see other franchising offers? Check out: Complete list of Philippine companies available for Franchising

Information and Image Sources: Official company website, Philippine Daily Inquirer, Business World



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About this post: 7-11 franchising philippines, frqnchising of 711, 200k franchise 7-11, 300THOUSAND PESOS 7/11 FRANCHISING, 7 11 franchise 300k

12 thoughts on “7-11 Franchise for only P300,000?”

  1. Hiromi capacio says:

    Take over an existing corporare store?
    Meaning po ba non, for example nag franchise ako, may maaasign na specific store para sakin to operate?

    Please do reply po sa tanong ko, potential franchisee po ako.

    1. Hiromi capacio says:

      Corporate*

    2. PinoyMoneyTalk says:

      Hi Hiromi, we advise you to contact 7-11 directly so you’ll get an official reply to your question. Pero sa announcement nila, most likely na may ia-assign na specific store outlet nga sa iyo. Yun yung existing corporate store na ipapa-franchise nila.

  2. Kristine Jane Muana says:

    I’m interested on franchising 7-eleven store. I’m in General Santos City. Maybe we can have time to talk about the said program? Please.

    1. PinoyMoneyTalk says:

      Hi Kristine, we advise you to address your questions directly to 7-11 so that you’ll get an official reply to your question. Contact info in the article above. Hope that helps! :)

  3. Michael R Tusi says:

    Hello PSC, I’m interested franchisee for Famous store around the world, this is It, to fulfill my dream, please give me a chance to be a part, At isa po akong OFW na gusto rin magkaroon ng sarili businesses at kasalukyan nandito po ako sa oman at ito po ay para sa aking mga anak para sa kanila kinubukasan at ng makasama ko din sila ng matagal tagal at maraming salamat

  4. Voltaire Batoon says:

    Hello po I’m interested of franchising 7-eleven sa mindanao soon to open how much po cost me? I’m from Zamboanga city

  5. Evangelina B Collie says:

    What if I’m interested of franchising 7_eleven sa Abucay,Bataan How much is cost me…

  6. Zaldu garcia says:

    Im interested for 300k franchise. Meron pa po ba available slots. Good day

  7. Lani Andrada says:

    Im interested po sa 300k franchise dto po ako sa valenzuela city do u have any slot in same area to franchise at ano po ang inclusion sa 300k thank u po

  8. Randy M. Ramos says:

    Im interested po sa 300k franchise.Im from Calasiao,Pangasinan.May bakanteng slot pa po ba sa Pangasinan Area?
    Ano po ang inclusion sa 300k ? Salamat
    Randy M.Ramos
    09175115880

  9. Mark joseph De leon says:

    Im interested po para sa 300k franchise. Pano po?

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