7-Eleven vs Farm Stores Franchise Comparison

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

Start-Up Costs and Fees

 
7-Eleven Franchise
Farm Stores Franchise
Investment $37,550 - $1,149,900 $235,100 - $549,900
Franchise Fee $10,000 - $1,000,000 $25,000
Royalty Fee Varies 5%
Advertising Fee - 1%
Year Founded 1927 1957
Year Franchised 1964 2015
Term Of Agreement 15 years -
Term Of Agreement 15 years -
Renewal Fee - -


Business Experience Requirements

 
7-Eleven Franchise
Farm 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?

*Previous Business or Managerial Experience *Good people Skills *Retail Experience *Ability to follow a proven system *Your fundability factor

Financing Options

 
7-Eleven Franchise
Farm Stores 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
Farm Stores Franchise
Training - We offer comprehensive onsite training and support. Building up to your Grand Opening, we’ll teach you and your employees everything you need to know to successfully operate your store. After the Grand Opening, you’ll always have ongoing support to help you run your business efficiently. On-The-Job Training: 18 hours Classroom Training: 40 hours
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives We'll help you decide if opening a new location or buying an existing Farm Stores is right for you. From there, we'll help you iron out all of the specifics, including zoning details, so you can move forward in the right direction. Training & Support. Research & Development. Distribution. Marketing & New Customer Acquisition. Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations
Marketing National media, Regional advertising We are developing a marketing program that uses state-of-the-art technologies such as blogs, web presence, targeted research, and social media to generate sales and acquire new customers. We handle all of the web promotions and marketing so franchisees can focus on the day-to-day operations. Co-op 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)

We would prefer that our single-unit franchisees are hands-on owner operators. However, we understand that, especially in a multi-unit scenario, other managers will be required. We just ask that these managers exhibit the same level of hands-on dedication that an owner would. Farm Stores headquarters will train your managers according to our standards. Absentee Ownership Allowed Number of Employees Required to Run: 6


Expansion Plans

 
7-Eleven Franchise
Farm Stores Franchise
US Expansion Yes Yes
Canada Expansion Yes -
International Expansion Yes Yes

Start-Up Costs and Fees Mobile

Investment
7-Eleven Franchise
$37,550 - $1,149,900
Farm Stores Franchise
$235,100 - $549,900
Franchise Fee
7-Eleven Franchise
$10,000 - $1,000,000
Farm Stores Franchise
$25,000
Royalty Fee
7-Eleven Franchise
Varies
Farm Stores Franchise
5%
Advertising Fee
7-Eleven Franchise
-
Farm Stores Franchise
1%
Year Founded
7-Eleven Franchise
1927
Farm Stores Franchise
1957
Year Franchised
7-Eleven Franchise
1964
Farm Stores Franchise
2015
Term Of Agreement
7-Eleven Franchise
15 years
Farm Stores Franchise
-
Renewal Fee
7-Eleven Franchise
-
Farm Stores Franchise
-


Business Experience Requirements

Experience
7-Eleven Franchise

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?

Farm Stores Franchise
*Previous Business or Managerial Experience *Good people Skills *Retail Experience *Ability to follow a proven system *Your fundability factor

Financing Options

  In-House/3rd Party
Franchise Fees
7-Eleven Franchise
No/Yes
Farm Stores Franchise
-/-
Start-up Costs
7-Eleven Franchise
No/Yes
Farm Stores Franchise
-/-
Equipment
7-Eleven Franchise
-/-
Farm Stores Franchise
-/-
Inventory
7-Eleven Franchise
No/Yes
Farm Stores Franchise
-/-
Receivables
7-Eleven Franchise
-/-
Farm Stores Franchise
-/-
Payroll
7-Eleven Franchise
-/-
Farm Stores Franchise
-/-

Training & Support

Training
7-Eleven Franchise
-
Farm Stores Franchise
We offer comprehensive onsite training and support. Building up to your Grand Opening, we’ll teach you and your employees everything you need to know to successfully operate your store. After the Grand Opening, you’ll always have ongoing support to help you run your business efficiently. On-The-Job Training: 18 hours Classroom Training: 40 hours
Support
7-Eleven Franchise
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Farm Stores Franchise
We'll help you decide if opening a new location or buying an existing Farm Stores is right for you. From there, we'll help you iron out all of the specifics, including zoning details, so you can move forward in the right direction. Training & Support. Research & Development. Distribution. Marketing & New Customer Acquisition. Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations
Marketing
7-Eleven Franchise
National media, Regional advertising
Farm Stores Franchise
We are developing a marketing program that uses state-of-the-art technologies such as blogs, web presence, targeted research, and social media to generate sales and acquire new customers. We handle all of the web promotions and marketing so franchisees can focus on the day-to-day operations. Co-op Advertising
Operations
7-Eleven Franchise

Number of employees needed to run franchised unit: 7 - 10

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Farm Stores Franchise

We would prefer that our single-unit franchisees are hands-on owner operators. However, we understand that, especially in a multi-unit scenario, other managers will be required. We just ask that these managers exhibit the same level of hands-on dedication that an owner would. Farm Stores headquarters will train your managers according to our standards. Absentee Ownership Allowed Number of Employees Required to Run: 6


Expansion Plans

US Expansion
7-Eleven Franchise
Yes
Farm Stores Franchise
Yes
Canada Expansion
7-Eleven Franchise
Yes
Farm Stores Franchise
-
International Expansion
7-Eleven Franchise
Yes
Farm Stores Franchise
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!

About Farm Stores

Even if you didn't grow up loving the iconic Farm Stores brand, we'll show you how much there is to love about the ground-floor Farm Stores franchise opportunity. We say "ground-floor" because although Farm Stores has been around since 1957, this is the first time the franchise opportunity is being offered. In other words, your timing is fantastic! If you're intrigued by the customer loyalty, brand recognition, quality and convenience of this ground-floor franchise opportunity, let us tell you more about what makes our franchise different. At the end of the day, Farm Stores sells something that no one in the world has enough of: TIME.
We make life easier and more convenient for busy families and that's something that will never go out of style. In fact, our model has been relevant for more than 60 years - and we're just getting started. Here are just a few of the advances we're making to help our franchisees succeed well into the future:
 *Video Wall Marketing Technology
 *Loyalty & Rewards Programs
 *Text & Email Marketing Services
 *Online Ordering & Mobile Payment
 *iPhone and Android Apps
 *"Green" Technology and Best Practices
 *Fully Integrated Cloud-based POS System
 *Local Support (Area Developer)
 *National Distribution & Purchasing Power
 *Upgraded Equipment for Fast, Quality Production
 As our customers' needs continue to evolve, so too will we. You can guarantee that if something comes along that makes our process easier or more efficient, we will make the investment. In fact, that's one of the great things about being a Farm Stores franchisee:
you have a built-in R&D department working for you year-round.

Veteran Incentives  20% off franchise fee