Stephen Deboard
Tampa, FL (USA)
Role(s):
Manager/Supervisor
7-Eleven
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Location:
Tampa
Industry:
Retail/Clothing
Year Founded:
1979
Number Employees:
1-10 people
Description:
7-Eleven is a cstore selling gas and merchandise. In Florida we are currently a corporate company(the only area left in the company), the other stores are franchise stores throughout the world. 7-Eleven is now converting Florida into a franchise area, they are giving current store managers the first opportunity to purchase the store they are in. The cost for the store that I have is $300,000.00. My store is a very high volume store with annual sales of over $2.3M inside only, not including gas. We currently run at a 38-40% GP annually.
I have been with 7-Eleven for 14 years and in retail management for over 30 years. I have shown over the years that this store is a consistent money maker. The return would on investment would be very good and quick.