7-Eleven vs Tedeschi Food Shops Franchise Comparison

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

Start-Up Costs and Fees

 
7-Eleven Franchise
Tedeschi Food Shops Franchise
Investment $69,650 - $1,185,400$45,000 - $137,000
Franchise Fee $10,000 - $1,000,000N/A
Royalty Fee Varies-
Advertising Fee 1%-
Year Founded 19271962
Year Franchised 19641972
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements

 
7-Eleven Franchise
Tedeschi Food Shops 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?

* Customer centric, outgoing and committed to providing the best customer service experience * Participates in the day-to-day operation of the store * Cultivates an understanding and a drive for local community Involvement * Has prior food service management or retail experience * Demonstrates the ability to build a high performing team and organization * Able to manage multiple task simultaneously and adapt to market and company change * Prove permanent residency in the United States * Has excellent credit * Must be able to provide exceptional customer service * Understands & respects the relationship between franchisee & franchisor

Financing Options

 
7-Eleven Franchise
Tedeschi Food Shops Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment -/--/-
Inventory No/Yes-/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
7-Eleven Franchise
Tedeschi Food Shops 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
Tedeschi Food Shops Franchise
US Expansion Yes-
Canada Expansion Yes-
International Expansion Yes-

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 Tedeschi Food Shops

7-Eleven® Completes Acquisition of Approximately 180 Tedeschi Food Shops

We are a turnkey franchise convenience food store company operating in urban and suburban locations offering fast and friendly service. Our stores offer groceries, beverages, general merchandise, dairy products, cigarettes and lottery. Deli and Gasoline available in some locations.