Best answer: How much is the franchise fee for 711 in the Philippines?

711 costs 800,000 pesos, and the franchise fee costs 600,000 pesos. The joining fee includes the construction cost, which is estimated at 2.03M pesos.

How much does a 7/11 franchise cost?

An initial franchise fee of $25,000. An inventory down payment between $20,000 and $40,000, plus an initial cash register fund. Land and building improvements, which vary by site.

How can I get 7/11 franchise in the Philippines?

What are the qualifications to become a 7-Eleven franchisee?

1. Must be at least 25-60 years.
2. Has at least 72 units in any College Course or Graduate of any Vocation Course (Experience in Retail and in Fastfood industry is a plus)
3. Must be willing to undergo full-time 3-5 months training.

How much do 711 franchise owners make?

Is owning a 7-Eleven profitable? In terms of profit, 7-Eleven franchise owners can average $50,000 – $75,000 for their salary.

How much money can you make owning a 7-Eleven?

How much does a 7-Eleven store owner make? Well a lot depends on what you are selling as some items have much higher margins, but a very approximate estimate is 5% of store sales so a store doing $1,000,000 in sales would generate about $50,000 for the owner.

What is the cheapest franchise to buy?

12 best low-cost franchises for aspiring business owners

1. Cruise Planners. Franchise fee: $10,995. …
2. Fit4Mom. Franchise fee: $5,495 to $10,495. …
3. Chem-Dry. Franchise fee: $23,500. …
4. Jazzercise. Franchise fee: $1,250. …
5. Stratus Building Solutions. …
6. SuperGlass Windshield Repair. …
7. Mosquito Squad. …
8. Pillar to Post Home Inspectors.

How can I get a 7-Eleven franchise?

To buy a franchise with 7-Eleven, you’ll need to have $50,000 – $150,000 in liquid capital and a minimum net worth of $150,000. Franchisees can expect to make a total investment of $37,200 – $1,635,200. 7-Eleven charges a franchise fee of $0 – $1,000,000. They also offer financing.

What is the cheapest franchise in the Philippines?

If you’re on board with starting a franchise business, here are the 10 cheapest franchise business opportunities you can get into in the Philippines.

1. Food Cart Franchise. …
2. Coffee & Cold Beverage Stand Franchise. …
3. Water & Gas Refilling Station Franchise. …
4. Fast Food Restaurant Franchise. …
5. Spa & Salon Franchise.

How much does it cost to franchise Jollibee in Philippines?

– In Philippines, the total investment to start the Jollibee Restaurant is around Php 35 million to Php 55 million. – In the United States, the total investment to start the Jollibee Restaurant is around $450,000 to $800,000. – In Canadian currency, the investment comes around Can$575,000 to Can$1,025,000.

What is the most profitable franchise to own?

10 of the most profitable franchises in 2021

1. McDonald’s. …
2. Dunkin’ …
3. The UPS Store. …
4. Dream Vacations. …
5. The Maids. …
6. Anytime Fitness. …
7. Pearle Vision. …
8. JAN-PRO.

What is the best franchise to invest in the Philippines?

Best Franchise Business Opportunities in the Philippines

• Master Siomai Franchise.
• Zagu Franchise.
• Mr. Liempo Franchise.
• Aquabest Franchise.
• Turks Franchise.
• Bayad Center Franchise.
• Farron Cafe Franchise.
• Noodle House Franchise.

Is 711 a good business?

The 7-Eleven system could ultimately mean a more profitable business for you as a franchisee. Backed by a powerful brand, a support system for franchisees and a royalty system that makes sense, I think a 7-Eleven franchise is a good investment.

What is the best franchise to buy?

Best Franchises to Buy

• McDonald’s.
• 7-Eleven.
• Dunkin’
• The UPS Store.
• Popeyes.
• Sonic Drive-In.
• Great Clips.
• Taco Bell.

How much does a McDonald’s owner make?

Some McDonald’s franchise owners are naturally going to make more than others, but most franchise owners still pull in an estimated yearly profit of roughly $150,000 (via Fox Business).

How much does a Dunkin Donuts owner make?

A Dunkin’ franchise owner can expect to make an average annual salary of $124,000. This figure fluctuates depending on the type of location you open.