7 Eleven Franchise Agreement Philippines

  • Novembre 27, 2020

Based on the limited information we have collected, 7-Eleven will turn its existing operational, sophisticated and clean stores (which have now been in service for at least a year) into franchises. In a sense, franchisees are temporarily leasing existing stores for PHP300K, while the company will use the extra money to build new stores and maintain its leadership in the Philippines. In short, you will manage existing stores, not as employees, but as franchisees. Then share the gross income with 7-Eleven. “We also look at existing befranchising stores. We have a new franchise package that we are testing and we will be rolling out this year with very little investment,” said CSP President Jose Victor Paterno at a press briefing on the sidelines of the company`s general meeting on Friday. What are qualifications 7? Eleven are looking into potential franchisees? – 7? Elf is looking for candidates who have the ideal mix of personal qualities, professional experience and financial booth to successfully run a 7? 11 franchises. Currently, there are more than 1,700 franchised branches, or nearly 70% of the network nationwide. The lion`s share remains intended to help franchisees grow their businesses.

PSC provides franchisees with operational tools and support services that must provide quality products and services to customers. Training programWe offer a complete free-to-let training program for four weeks. Do I have to play an active role in the operation of my store? Yes, yes. As part of the qualification, the franchisee must be prepared to spend time monitoring the daily store. You can also email them to franchising@7-eleven.com.ph. If you want to find out more about the P300K franchise, you can also send an email to that address. To date, PSC has converted 50 of its existing subsidiaries into franchises under the latest package, but has so far only involved “internal” network employees or existing franchisees. Philippine Seven Corp.

(PSC), the country`s largest convenience store operator, has launched its simplest and cheapest franchise package to date – a package that requires only 300,000 P300 extras in cash from franchisees willing to operate these stores full-time. There are three types of deductibles available:1. A traditional individual 7-Eleven Store: The franchisor offers franchises for a single site that it owns or rents.2 Business Conversion Program Franchise (BCP): The franchisee is responsible for the acquisition of the land and the building of a store and pays a fee other than the traditional franchisees. The PCO franchisee is also subject to a disclosure document other than that of the franchisee of a traditional transaction.3 Micro Market Franchise: The franchisee owns or leases the land and most of the equipment to operate a self-sustaining 7-Eleven unmanned sales area or unmanned sales area in an office building, hospital, university or similar hotel, or on a limited area. The Micro Market franchise is also the subject of another disclosure document. Do I need retail experience? Fc3 focusing more on store management by franchisees, retail experience or background is a plus. What are the main benefits of 7? 11 franchises? – 7? Eleven offers a fully equipped, turnkey command – 7? Elf receives and bears the costs of large store equipment. – 7? Eleven and you share the gross margin of the store – 7? 11 pays 50% of the electricity.