7-Eleven vs am/pm Convenience Stores Franchise Comparison

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

Start-Up Costs and Fees
 
7-Eleven Franchise
am/pm Convenience Stores Franchise
Investment $69,650 - $1,185,400$440,291 - $10,405,152
Franchise Fee $10,000 - $1,000,000$40,000 - $70,000
Royalty Fee Varies11%-14%
Advertising Fee 1%5.5%
Year Founded 19271975
Year Franchised 19641979
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee -$35K-60K


Business Experience Requirements
 
7-Eleven Franchise
am/pm Convenience Stores 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?

- U.S. citizenship, or permanent resident alien status with a minimum age of 21 years old - Personal participation in operating a retail facility (minimum of 40 hours per week) - Successfully complete all training requirements - Good credit record / credit history evidenced by prompt payment of all financial obligations - Liquid capital required may be $1,200,000 or higher - Possess an entrepreneurial attitude, creativity and the ability to make sound business decisions - Ability to create and implement a comprehensive business plan - Ability to successfully execute the am/pm franchise operational procedures - Excellent project management skills and attention to detail - Ability to obtain/qualify for a beer and wine sales license for off-site consumption

Financing Options
 
7-Eleven Franchise
am/pm Convenience Stores Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/YesNo/No
Start-up Costs No/YesNo/No
Equipment -/-No/No
Inventory No/YesNo/No
Receivables -/-No/No
Payroll -/-No/No

Training & Support
 
7-Eleven Franchise
am/pm Convenience Stores Franchise
Training - On-The-Job Training: 120 hours Classroom Training: 66 hours Additional Training: In-class sessions & hands-on training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesOngoing Support Purchasing Co-ops Toll-Free Line Grand Opening Field Operations
Marketing National media, Regional advertisingCo-op Advertising Regional Advertising Social media Loyalty program/app
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)

Number of Employees Required to Run: 10

Expansion Plans
 
7-Eleven Franchise
am/pm Convenience Stores Franchise
US Expansion YesYes
Canada Expansion YesNo
International Expansion YesNo

Company Overviews

About 7-Eleven



"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.

Oh, Thank Heaven for 7-Eleven!

Veteran Incentives
10-20% off franchise fee, up to $50,000; preferred interest rates and special financing

""     "Entrepreneur


"franchiserankingscom"
#33 on Franchise Rankings.com
#11 in Franchise 500 for 2020.
#9 in Franchise 500 for 2021.





About am/pm Convenience Stores

A Brand That Stands Apart
Powerful, distinctive branding is the cornerstone of am/pm's high visibility in the convenience-store industry. Wherever our stores are located, am/pm enjoys broad name recognition as a result of our familiar trademarks and distinctive marketing. By combining top brands with our own unique, in-demand offerings, am/pm franchises will continue to lead in the convenience-store industry.
* Proprietary offers such as Fast Food, Coffee & Fountain Drinks differentiates am/pm from the competition
* Innovative marketing, branding & media advertising helps support business growth
* The BP am/pm Franchise offer is leveraged by BP's strong gas brand of Amoco fuels
Day or Night, am/pm Stores are Always There to Serve Their Customers Our success depends on your success. At BP am/pm facilities you will find commitment to excellence and an emphasis on respect in how we treat our customers and each other. am/pm convenience stores offer a fast, fun, dynamic and rewarding experience. The World of am/pm Petroleum - Convenience store growth is an unstoppable force - an evolving industry with high customer demand. The BP and am/pm brands are uniquely positioned to meet these needs - and to open a world of opportunity for you. am/pm is the convenient place for customers to get meals, drinks and snacks with just the right ambiance.
Our success depends on your success. At am/pm, you will find commitment to excellence and an emphasis on respect in how to treat your customers.
am/pm offers a fast, fun dynamic and rewarding environment. With am/pm you get a thoroughly distinctive brand and comprehensive support for your business.
A key element of am/pm's convenience strategy is the delivery of a differentiated and distinctive offer focused on meeting the needs of your customers.
Veteran Incentives  50% off franchise fee
#158 in Franchise 500 for 2020.