7-Eleven vs Family Fare Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 7-Eleven vs Family Fare including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	7-Eleven Franchise	Family Fare Franchise
Investment	$69,650 - $1,185,400	$31,800 - $201,700
Franchise Fee	$10,000 - $1,000,000	$19,900
Royalty Fee	Varies	-
Advertising Fee	1%	-
Year Founded	1927	1936
Year Franchised	1964	2013
Term Of Agreement	15 years	-
Term Of Agreement	15 years	-
Renewal Fee	-	-
Business Experience Requirements
	7-Eleven Franchise	Family Fare Franchise
Experience	7-Eleven is seeking franchise candidates that are looking for an exciting business opportunity that's full of growth potential. 7-Eleven asks that candidates meet the following criteria before being considered to franchise a 7-Eleven: *Be 21 years of age or older *Prove permanent residency in the United States *We prefer you have retail, management and/or customer service - related business experience within the United States *Not have filed for bankruptcy within the last seven years *Have excellent credit These basic qualifications are only half the story. When considering if 7-Eleven is the right choice, candidates should consider if they possess the traits most common to successful 7-Eleven franchisees: *Can you manage multiple tasks simultaneously and adapt to market and company changes? *Can you hire, train and supervise employees? Are you willing to empower them and delegate responsibilities to them? *Are you dedicated to operations excellence? Do you focus on the details? *Are you committed to creating and managing an organization that effectively recruits, trains, retains and motivates people? *Do you have a strong desire to build incremental income through execution and the ability to implement company programs and strategies? *Do you have food service management or retail experience? *Can you deliver an exceptional customer experience while maintaining a commitment to the core values of 7-Eleven? *Do you support and understand your local community? Do you have strong ties to your community?	-
Financing Options
	7-Eleven Franchise	Family Fare Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/Yes	-/-
Start-up Costs	No/Yes	-/-
Equipment	-/-	-/-
Inventory	No/Yes	-/-
Receivables	-/-	-/-
Payroll	-/-	-/-
Training & Support
	7-Eleven Franchise	Family Fare Franchise
Training	-	-
Support	Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives	-
Marketing	National media, Regional advertising	-
Operations	Number of employees needed to run franchised unit: 7 - 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)	-
Expansion Plans
	7-Eleven Franchise	Family Fare Franchise
US Expansion	Yes	Yes
Canada Expansion	Yes	-
International Expansion	Yes	-

Company Overviews

About 7-Eleven

A new word for us.
A new career for you!

Franchising with the world’s #1 convenience store is easier than you think, for all kinds of reasons. With the support of a global brand and a business model built for your success, a new word was definitely in order.

About Family Fare

Family Fare is the leading convenience store franchise-retailer in North Carolina. We rely on the entrepreneurship and energy of our Franchisees to operate Family Fare stores. As a 100% Franchised organization, the assistance and support we provide is completely dedicated to making our franchisees a success.  You will not compete for CORPORATE-FRANCHISOR SUPPORT with a company-operated network of stores. Our support will help you be in business for yourself without you being by yourself!  Our retail consulting leadership team has over 200 years of combined experience to help you live our mission, vision, motto, and tag line all rolled in to one: Family Fare…Helping You Get There!   

If you enjoy working hard in a fast-paced retail environment, let us show you how Family Fare can Help You Get There!  Started with a spirit of entrepreneurship by the same family that continues to lead the franchise today, Family Fare is positioned to share with our Franchisees the expertise we've built over more than 80 years in the retail business.  This extended track record provides Family Fare a special ability to serve our franchisees. 

Franchisees will receive extensive training in customer service, merchandising, vendor relations, marketing, operations, and administration. Our training has been compared to entry-level business college courses. Instructors have combined over 200 years of experience in retail. Come see our state of the art MBA style classroom and experience the Family Fare difference! 

Our Franchisees want the freedom and independence to run their own business with the extensive help, support and loyalty of a franchisor that cares about your long-term success. Most of our Franchisees have retail experience leading teams of people. It is helpful to have management experience in a retail setting, but not necessarily in the convenience store industry. Enjoying working with the public, and working hard, in a fast paced retail environment is critical to your success as a Family Fare Franchisee. 

Veterans discount of 20% off the initial franchise fee.