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[Ultimate Guide]7-Eleven Franchise in India – Cost & Profit

Have you been looking to partner with a renowned convenience store chain? Do you operate a supermarket and are you planning to go big with a well-established globe superstore in India? Or, did the recent news about 7-Eleven venturing into India make you consider its franchising opportunity?

If you have answered “yes” to any of the queries, you should be curious to understand more about the 7-Eleven retail chain in India that has created a significant wave in the convenience store industry.

In this article, we’ll guide you through the process of owning a 7-Eleven Franchise in India, along with its costs, application procedure, and profit margin – and answer some of the commonly asked question on this chain.

  • Company: 7 Eleven Convenience Stores
  • Founded: 1927, US
  • Industry: Convenience Store
  • No. of outlet: Over 78000 Worldwide
  • Model: Franchise
  • Area served: Global
  • Franchise Fee: ~₹50-70 lakhs
  • Area Required: Min. 5000 sq ft
  • Total Initial Investment: ₹4 Crore to ₹8 Crore

Overview of 7-Eleven Franchise in India

7-Eleven Franchise in India

Founded in 1927 in Dallas, Texas, United States, 7-Eleven is one of America’s iconic convenience stores that offers a wide range of products and services, such as varieties of snacks and beverages, ready-to-eat meals, fruits and veggies, personal care items, and other home essential products, at affordable prices.

The chain got its brand name “7-Eleven” from its operating hours, which were from 7 a.m. to 11 p.m., but later went on to operate 24 hours a day, seven days a week.

In 1964, 7-Eleven opened its first franchise store in the United States, and since then the chain has opened stores in more than 18 countries around the world.

With its sheer experience and world-class customer service, 7-Eleven has developed into an iconic brand known for its convenience, extended opening hours, and varied product selection.

Soon after recognizing its potential in franchising concepts, 7-Eleven started expanding to multiple locations by offering its franchise opportunity to aspiring entrepreneurs to open their stores under the name of “7-Eleven”.

It eventually enabled 7-Eleven to find the potential master franchisee for its business at multiple locations and ultimately made them land in India as well. and the journey continues.

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7-Eleven Franchise Enters into Indian Market

Without a doubt, the Indian convenience store market is extremely competitive and expensive to enter. It eventually creates less space for new entrants with a fixed budget. However, that’s not the case with 7-Eleven.

Known for its 24-hour operations, diverse product offerings, and convenient locations, 7-Eleven was searching for a renowned master franchisee in India, which eventually led them to partner with Reliance Retails, a subsidiary unit of the Reliance Group.

Currently, Reliance Retail is the only master franchisee of 7-Eleven stores in India and has planned to open over 50 stores in Mumbai over the next few months.

According to official information, Reliance Retail has entered into a partnership with America’s leading convenience stores and has already opened over 11 stores in Mumbai.

With plans to open 200+ stores in India in the upcoming years, 7-Eleven is well on track to open its stores in major cities like Gurgaon, Pune, Ahmedabad, Bengaluru, and Kolkata.

Key Facts on 7 Eleven Franchise

Sr No.TypePublic
1Trade Name7-Eleven Convenience Stores
2IndustryConvenience Stores
3Founded1927
4Founders Or Parent CompanyMaster Franchise:
Reliance Retail
5Corporate HeadquartersUnited States
6Number of locationsOver 78000+ Worldwide
7Area servedWorldwide
8ModelFranchised
9Service offeringsnacks and beverages, ready-to-eat meals,
fruits, veggies, personal care items
10Revenue$2.81 B in 2021
11Websitehttps://relianceretail.com/7-Eleven.html

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How Much 7 Eleven Franchise Cost in India?

7-Eleven Franchise Cost in India

The specific cost of owning a 7 Eleven Store in India requires an enormous initial capital. Considering its Reliance Retail as a master franchisee, it could be certainly difficult for an aspiring entrepreneur to own a 7-Eleven store in the city.

On general note, Almost every brand owned by Reliance groups are solely managed and operated by company itself.

Nevertheless, the cost of owning a convenience store like 7-Eleven in India may depend on several factors such as location, available carpet area, brand image and collaboration with other supplier brand, market potential, and capabilities of franchisee to infuse capital at required time.

According to the company’s standard and cost mentioned in its US FDD(Franchise Disclosure Document), to become an approved 7-Eleven Franchise owner, one may need to invest at least invest at least ₹ 4 Crores to ₹ 8 Crore for a floor area of minimum 5000 sq feet(either owned/leased space).

It is also important to mention that the initial investment for Lakme Salon includes various components like franchise fees, equipment/machinery and inventory costs, boutique built-up or renovation expenses, and working capital.

How much is the 7 Eleven Franchise Fee?

Reliance Retail hasn’t disclosed its initial cost breakup for 7-eleven in India. However, as per the industry estimate, the franchisee for 7-Eleven in India will be approximately ₹50 lakhs to ₹70 lakhs.

In addition to that, Interested candidates/partners may also require to meet the minimum financial requirement of at least a Net Worth of ₹ 10 Crores and at least ₹5 Crores in liquid assets.

Type of FeeCost & Other details
Franchise Fee₹50 lakhs -70 lakhs
Initial Inventory₹1 Crore – ₹2 Crore
Interior Cost₹50 lakh – ₹1 Crore
Furniture expenses₹25 lakh – 30 lakh
IT/POS₹10 lakh – 25 lakh
Royalty FeeUnknown
Ad Royalty Fee1%
Required SpaceMin. 5000 sq feet
Net Worth₹10 Crore
Required liquid capital₹5 Crore
Total Initial Investment₹4 Crore – ₹8 Crore

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How Much is the 7-Eleven Franchise Profit Margin?

7-Eleven Franchise Profit in India

Undoubtedly, The 7-Eleven Convenience store is one of America’s highly successful retail chain that has generated enormous return to its both franchisee and investors as well.

Additionally, Considering its master franchisee’s experience, diverse product offerings, rising demand for convenience stores, competitive pricing, marketing & training support, and convenient locations may help new franchisee to garner an enormous profit margin.

Nevertheless, According to the industry standards and least expense ratio, one may anticipate to earn more than ₹8 lakhs to ₹10 lakhs per month. The mentioned figures are only for understanding purpose, you may need to contact the franchisor for better estimate.

Does 7-Eleven Franchise in India?

Yes, 7-Eleven does provide franchise in India, but it is quite limited. 7-Eleven has partnered with Reliance Retail to open and expand its locations throughout in India.

Currently, Reliance Retails has planned to open at least 15 outlets in Greater Mumbai and spread over 100+ metro and smaller cities in upcoming months.

Reliance Retail is the only solely master franchisee for 7-Eleven convenience store in India, which will be responsible for expanding its outlets to multiple locations.

How Much Does A 7-Eleven Franchise Owner Make in India?

The income potential for a franchise like 7-Eleven may vary depending on several factors, including the location, average customer footfall, market potential, and much more.

Nevertheless, considering reliance retail as its sole franchise partner, it could be certainly difficult to quote the exact figure of its profit margin. But overall, the net earning from a single convenience store may range between ₹10 lakhs to ₹20 lakhs.

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Why Consider Owning a 7-Eleven Franchise in India?

There could be numerous reason to start a 7 eleven convenience store in India, and certainly owning a 7 eleven store may prove to be an enticing opportunity for an aspiring entrepreneur;

  1. Global presence and brand image:
    • As a franchisee, you may leverage 7-eleven’s brand image that has over 78000 convenience stores across 18+ countries. It may allow new franchisee partner to unleash its brand value and loyal fan base.
  2. Variety and affordability:
    • The chain is renowned for offering a diverse range of products, such as food & beverages, household products, and much more at affordable pricing, ultimately helping their partner to cater to the needs of consumers under a single roof.
  3. Extensive Support:
    • 7-Eleven offers comprehensive training and support to its franchisees, including assistance in site selection, Interior decor, and other necessary stuff.
      • It helps the franchisor to ensure successful operation of its convenience stores at the given location.
  4. Best-in-class convenience store experience:
    • Over the years, 7-Eleven has developed a strong brand reputation that is largely renowned for its wide selection of products, outlets’ accessibility, and 24-hour operation, thus assisting the company in offering an amazing and extraordinary experience at convenience stores.

What does it require to own a 7-Eleven Franchise in India?

  1. First and most important – One should have the required funding to partner with a 7 Eleven convenience store, and one should be ready to invest anywhere between ₹ 4 Crore to ₹ 8 Crore.
  2. One should be have a space of minimum 5000 sq feet(owned/leased space) with a plenty of parking space at a highly accessible location in the city.
  3. Interested applicants are advised to dedicate themselves to the 7 Eleven Convenience store and follow the company standards and maintain their legacy.
  4. The 7 Eleven team expects the franchisee to follow the customer-centric approach and willing to go the extra mile for customer satisfaction.
  5. Interested applicants must undergo and complete the necessary training program offered by 7 Eleven Team and should possess the ability to build and manage a team.

How to Get 7 Eleven Franchise in India?

As stated earlier, 7-Eleven has signed the master franchisee agreement with Reliance Retail and most of its outlets are owned and operated by company itself.

Moreover, owning a 7-Eleven convenience store requires a huge initial investment and it may be certainly difficult to fund the given investment single handedly.

Nevertheless, If you are super interested to know more about the franchising opportunity for 7 Eleven, you may contact at given details;

  1. Visit its official website and navigate to contact us page;
    • Customer Care: 1800 891 0001 / 1800 102 7382
    • Customer Service e-mail: customerservice@ril.com

Final Takeaway – Conclusion

7 Eleven is one of the America’s leading and well-established convenience stores, renowned for offering a diverse product range, including Snacks & Beverages, ready-to-eat food, household items at an affordable prices.

Currently, the chain operates over 78000+ stores in more than 18 countries, and most of them are franchised.

In India, the chain has collaborated with Reliance Retails and has provided the master franchisee license to them, which will be mainly utilized for expanding its outlets in over 100+ metro and smaller cities.

Furthermore, Reliance is said to launch at least 50+ stores in Mumbai and near by location in Maharashtra.

The Bottom line – In case you are interested in the Convenience Store industry, you may need to look out for other franchise opportunities. As Reliance Retail hasn’t disclosed its franchising opportunity for individuals and will certainly not offer in near future.

Good Luck!! Happy Franchising!!

Want To Explore More? Then Check Out Below Franchising Opportunities.

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FAQ

  1. How much does it cost to own a 7 Eleven Franchise in India?

    Ans: 7-Eleven has strategically partnered with Reliance Retails, One of India’s leading conglomerate, which is only their master franchisee in India.
    Reliance Retail will have complete rights over its stores expansion and operation and certainly, they haven’t disclosed the total initial investment of it.
    Nevertheless, According to Industry Standards, The initial investment for 7 Eleven convenience store will be approximately ₹4 Crore to ₹ 8 Crore.

  2. Is 7 Eleven franchise profitable in India?

    Ans: 7 Eleven has forayed in Indian market with strategic partnership with one of India’s renowned chain Reliance Retail, and considering its expertise, diverse product range under a single roof, competitive pricing, best-in-class customer experience, one may anticipate that Reliance Retail’s revenue will be significantly boosted.

FranchiseGoal India
FranchiseGoal Indiahttps://in.franchisegoal.com
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