30 new 7-Eleven stores set continue growth
7-Eleven Australia is continuing to grow its footprint, providing opportunities for both potential franchisees, corporate store managers and team members across the country. According to general manager retail operations, Braeden Lord, the growth has remained strong at approximately 30 new 7-Eleven stores per year over the past four years, with that growth delivering benefits to both franchisees and the corporate business.
“We opened our 700th store in August 2019, and expect to continue to add about 20 to 30 new 7-Eleven stores to our network each year,” Lord said.
“The vast majority of green field sites open as corporate stores, providing a lot of internal opportunities for our corporate store team to progress in their careers. Most of our corporate store team are in their current roles due to internal promotion.”
While internal growth has been critical to the brand’s ongoing corporate development, Lord said the new 7-Eleven stores also offer an exciting opportunity for prospective franchisees.
“This growth provides opportunities in the franchise network also. Our corporate network makes up in the vicinity of 15 per cent or 120 stores within our network, so after we open new build sites, and get the store established and trading well, many of the corporate sites are available for franchising,” he said.
The growth the company is experiencing has also seen some corporate store managers transition to become franchisees.
“Our network is unique in that our corporate store team members have a number of pathways to progress their careers with our company. While some have gone from store team member or store leader roles to roles in our field and support office teams, I’m proud that we have two corporate store managers to date who have decided to invest in owning their own business with us,” Lord said.
“Seeing people have the chance to take the opportunities available to progress their careers thanks to their hard work and talent is really exciting. As a franchisor, it is testament to the quality of the 7-Eleven offer and model that a number of leaders in our business have chosen to invest and join our franchise network.”
Lord said that while there is growth across the network nationally, Western Australia and Queensland are experiencing the strongest footprint growth for new 7-Eleven stores currently.
“We’ve hope to open approximately 15 new 7-Eleven stores in both Western Australia and Queensland over the next two years. We have ongoing opportunities for great people to join our team and our franchisee network. I’d love to continue to see lots of team members build careers as part of our business,” Lord concluded.
To find out more about 7-Eleven’s franchise opportunity, visit https://www.franchisebusiness.com.au/brands/7-eleven/ and make an enquiry.