7-Eleven Franchise Complaints

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• considering 7-11, curious as to the % of franchisees represented on this forum.

• 100%...If in doubt GK...don't....not sure where you are looking but 7-11 is systematically driving profit to their side of equation. They want many stores few FZ's. The plan is to convince folks that they need 4-6 stores to make a living...problem is that many stores open 24 hrs stocking thousands of items is impossible to control. The risk v reward is not there.

• GK, if you read through the string it is a consistent message. The profits are so thin, you have no choice but to own multiple stores to make a decent living. However, multiple stores are years away, because it will take you that long to get your system up and going, particularly if it is a new store. It is a complex system and they do not have the support in place to assist you the way you will be promised. If it's an existing store, you have a clearer picture as to what to expect. Just do not expect significant growth, as 7-Eleven is continuing to build stores in most areas to meet their internal growth projects and you will likely see a reduced profit as to the growth they will try to tell you about. What area are you looking at? I will say that I talked to many franchisees in the Denver area and the message was the same from many of them. I will tell you right now you will regret the decision if you push your way past what your gut is telling you.

• GK....if you are willing what part of country are you considering. Each area/region has it's challenges. Lindsey said they had 39% GP I bet there was no alcohol at that store. Some areas of country have huge cigarette and beer sales which means GP maybe...maybe 33%. Geography matters.

• Jesus.....Is there anything good about these Cunt-Cakes...sorry for my french but Im pissed after reading all.....and yea Im trying to get one....Wow!

• I went to COOL training - I was forced into my store after 18 days of training and was totally not ready. I DO know how to mop and clean a coffee pot though...

• Heard that Joe DePinto is on the speech circuit. Does that mean he is polishing up his resume for greener(aka safer/lawsuit free) pastures ? We all know that his buddy Darren left him high and dry. Lets hope JD takes all his westpoint cronies with him. Amen

• I'm a Newbie and Ready to Jump In buying this 7 /11 franchise after reading all the tread above make me wonder. I'm going to the conference next 2 week in NYC and I want to see what is going on. I heard Good Review and Bad to Worse Review.
  What is the Catch Running or Buying this 7/11. I'm ready to read and listen.
  I asked few 7/11 owner most said its Great!! is it a lie or they think I'm the guy from Corporate Office???
  I want to know what is going to happen after I sign the Contract??
  Whats good about it?
  Whats bad about it?

• Abudiman.
  You must think, not once,not twice, not three times about this adventure.
  Do you want to buy a job,
  or do you want to own a Business.

• Don't know where you are planning to buy. A few stores are gold mines, but will cost a huge premium. Most stores will give you a living but not economic prosperity. The illusion that is 7-Eleven thrives on convincing you that a second, a third, a fourth store etc. will make you wealthy.....it is a lie. More stores, more hesdaches....there are no economies of scale as a FZ. Then the issue of return on investment, SEI is big on this for them....but for you they could care less. SEI now makes more $$$$ from what you are forced to purchase through BT than through the cash register. Save your money....there are better opportunities available. There was a time when being a store owner meant you had a shot at real financial success.