I work in the modern trade and lower retail trade industry.. with about RM150k.. in my opinion, you could open a very comprehensive convenient mart with you own branding.. On the 80/20 rule, I can say it is true.. 20% of your products would bring in the bulk of your income.. the remaining ones are to complement your core selling products..

In general, many business strategies could be used in a grocery shop/convenient mart to build up repeated customers; depending on the person's experience and business acumen..

to your questions above. Yes, Yes, Yes.

---

Added on April 8, 2010, 10:42 amAnyway, just call up the HQ line. they will be able to furnish you with more information.

Do know that good store selection are running out.
Last i heard, they have over 100+ confirmed franchisee with another 100 from Pernama retiree taking over the stores.
http://www.pernama.com/ln6_events.html#top

Can u give some examples?

Why want to take a franchise that allowed two shop open at the same area within 2 or 3 minutes walk....

why don't u think the opposite way ?
two shop in same roll and they still make profit .....
Try visit HK and tw, check out their 7-11 store location, u be surprise ......

1 Berjaya Timesquare..inside has more then 5 7e

Read in the newspaper they do sometimes advertise on the availability of such franchise prgram. But currently frm what i see, the Tutti Frutti franchise is really hot. Many of colleagues have ventured into it. Not sure if its profitable though...

Why want to take a franchise that allowed two shop open at the same area within 2 or 3 minutes walk....

That's because all belongs to the franchise holder themself, Berjaya Group. All 4 in their own building and another one opposite also their own building Berjaya Sompo bldg.

7-Eleven Malaysia
3月4日上午 10:29 ·
Convenience redefined - we've got a new range of fresh food and beverage offerings, seatings and free WiFi*, reloads and bill payment services*, gift cards, and many more!
Here at 7-Eleven Malaysia, we're ‪#‎AlwaysThereForYou‬.
‪#‎7ElevenMY‬
*Currently at selected outlets only.

any franchisee holder can share their experience here?

YOU want open?????

Dear all,

Few questions here:

1) How many staff is needed to run this 7 eleven and how much is their salary per month? I heard that some of the staff asked to do overtime as well. According to my research, for the 24 hours we need 5 staff. 1 morning, 2 evening, and 2 night.
2) How much is the estimated profit for every month? Since now AMBANK is offering to loan max RM175k for a max tenure of 5 years @ 7.3%, i expecting that we need a gross profit of RM10K after deducted the 50:50 profit sharing with 7-e.

This RM10K will used for:
i)  Staff salary
ii)  Maintenance except (IT & Aircond)
iii) Water and phone bill
iv) Staff travel, stationery expenses
v) Other costs like straws, cups, etc

Is it possible for us to get net profit of RM3K?
3) Regarding incentive 1% of sales royalty, from 1-5 years will paid by 7-e. But start from 6-10 years, it will paid by us. Since we finished paid our loan starts from year 6, we can earn more money but due to this incentive which can consider as quite high, is it worthy?

For example:
Let say sales of the month = RM200K
1% of RM200K = RM2k

If our gross profit still maintain as RM10K, then our net profit again will remain the same.
I hope experts and those who running the business can give suggestions on this.

Appreciate your reply. 

I was just wondering the franchise business for 7-11 is worth doing or not? Here are some details I got from 7-11 website.

THE SCHEME IS AS FOLLOWS:
1.TERM
The Franchise Programme is for tenure of 10 years. (With an option to renew for another 10 years)

INTIAL FRANCHISE FEE, LICENSE FEE & SECURITY DEPOSIT
Franchising Fee -RM 100,000 (Non Refundable)
Stock Purchases – RM 100,000 (approximately)
Security Deposit – RM 50,000 (Refundable)

PROFIT SHARING RATIO
7-Eleven and Franchisee shares gross profit on about 50:50.

INCENTIVES
A 2% incentive from monthly sales turnover will be given to the franchisee.

STORE OPERATING EXPENSES

From the share of gross profit, 7-Eleven will be responsible for:
• Auditor cost
• Store rental
• Depreciation
• Store Insurance & license
• Electricity Charges