to your questions above. Yes, Yes, Yes.

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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

This post has been edited by king_majesty: Apr 8 2010, 10:42 AM

Janick1437: Its either the scheme is stupid or the company is stupid to allow you to take a huge profit cut from their top 10 earning stores.

*purely coming from a academic angle*

Don't forget, 50-50 sharing will cover your misc expenses. Maintenance? rental? .
There are alot of items you will not be able to source cheap as you do not have the purchasing power or economics or scale.
other things you need to consider is buying into the brand name, training(shortening learning curve)

Too many choices might not be a good thing either. 20/80 rules states that 80% of your profit comes from 20% of your items.
as long as you have your core fast moving products.

Generally 7-11's business model is trending towards Differentiation rather than Cost Leadership or Market Seg. so it is normal for the goods to be expensive. Only hyper market can compete in CL.
example of why 7-11 is practicing Diff. (Slurpee, Coffee, Fresh Food, ATM/Reload/Fax Services etc)