Convenience Store Decisions:
7-Eleven Inc. has launched a new program to make it easier for those who served in the U.S. Armed Forces to have the opportunity to own their own business.
This July, the convenience retailer is launching a new military veterans franchise program that offers discounted franchise fees to retired or separated veterans of the U.S. Armed Forces who have been honorably discharged from the service.
Qualified veterans who become first-time 7-Eleven franchisees will receive a 10% discount on the initial franchise fee for the first 7-Eleven store they franchise. This discount can range from $1,000 up to about $35,000, depending on the store.
“This is the first time we have offered a reduction like this in our franchise fees, and I can’t think of a better group to receive this benefit than the men and women who have so selflessly served to protect the freedoms we enjoy in America,” said 7-Eleven President and CEO Joe DePinto. A graduate of the Military Academy at West Point, DePinto served five years as an officer in the U.S. Army.
Retail locations available for franchising are located in 30 states across the U.S. An interactive map at www.franchise.7-eleven.com indicates stores available for franchising.