24 seven Franchise
Tuesday, April 27, 2010 at 06:45PM Food & beverage vending machines
24seven is a convenience-retailing brand that uses vending machines to serve customers 24 hours a day, seven days a week. It operates in one of the world’s fastest growing retail sectors.
You will see the 24seven brand on vending machines that serve a huge range of the most popular snack and beverage drink products. These machines are serviced by a team of 24seven Owner/Operators.
24seven is an innovative global franchisor and is represented in 19 regions of America serving over 10,000 USD customers from more than 40,000 USD vending machines
Start-up Costs & Franchises Fees
What is the total cost to open a 24 seven Franchises?
Total Cost: $257,000 USD -$301,000 USD
Total Franchise Fees: $230,000 USD
Ongoing Royalty Fees: 10%
Ongoing Advertising Fees:
Term of Agreement: 6 years
Contact Information for 24 seven
|
24 seven |
Phone Number: (617) 332-3110 ext. 138 |
24 seven In the Press
No results at this time.Historical Expansion
In what year did 24 seven begin operations? 1997
When did 24 seven begin selling franchises? 2001
Year United States Canada International Corporate 2005 20 0 49 0 2004 0 0 0 0 2003 3 0 48 0 2002 0 0 30 0 2001 0 0 18 0
Future Expansion
United States: California, Texas,
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
Toll free phone number, Field support and site evaluation, Purchasing cooperatives
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Physical work capabilities (to service machines); marketing skills & industry experience helpful but not necessary
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes