Philippine Franchise Directory: Explore Opportunities

Franchise Details PH: Your Guide to Philippine Franchises

7-ELEVEN | Philippine Franchise

PHILIPPINE SEVEN CORPORATIONMr. Lee Perez, Franchise and Planning ManagerMs. Neneth Espiritu, Franchise Team Lead7th Floor, The Columbia Tower, Ortigas Avenue, Mandaluyong CityTELEFAX: 726-9968E-MAIL:franchising@7-eleven.com.ph; npbeduya@7-eleven.com.phWEBSITE: www.7-eleven.com.phBUSINESS LINE: Convenience Store

7-ELEVEN | Philippine Franchise

To become a 7-Eleven franchisee, you'll need to meet specific qualifications, undergo a rigorous process, and invest a considerable amount. The process typically involves an initial inquiry, pre-qualification, interviews, a memorandum of agreement, training, and ultimately, store opening.

Here's a more detailed breakdown:

Initial Contact and Inquiry: Start by completing the online inquiry form on the 7-Eleven website. This will help you schedule a franchise briefing where you can learn more about the process and requirements. Pre-qualification: You'll need to select a site, either from 7-Eleven's list or propose your own, which they will then evaluate. Be prepared to discuss the site's viability. Interviews: You'll undergo a three-level interview process with the 7-Eleven Franchise Committee to assess your suitability. Memorandum of Agreement: If successful in the interviews, you'll be presented with a memorandum of agreement, which you'll need to review before signing, ensuring you fully understand the terms. Training: Prepare for one month of training to learn about 7-Eleven's operations. Store Opening and Turnover: Within four to six months, you can expect your store to be operational.

Qualifications:

Be between 25 and 60 years old.  Have at least 72 units in a college course or be a vocational graduate.  Retail and fast-food industry experience is a plus.  Be willing to undergo 3-5 months of full-time training.  Have the financial means to cover the investment costs.  Be prepared to devote time to managing the store's daily operations.  Be willing to adhere to 7-Eleven's franchise system and standards.

Investment:

Franchise fee: Php 600,000. Initial store supplies: Php 170,000. Initial merchandise: Php 800,000. Construction costs: Approximately Php 2.03 million. Advance rent and deposits: Depending on the lease terms. Total cash outlay: Ranging from Php 3.5 million to Php 5 million.

Important Considerations:

7-Eleven requires you to be willing to work within their system and standards, meaning you'll be required to follow their guidelines and procedures.  The financial requirements can be significant, so ensure you have the necessary funds and a solid business plan.  The franchise application process can be rigorous, so be prepared for a thorough evaluation and multiple interviews.

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