Retire Conveniently

Convenience store giant 7-Eleven Inc. is continuing to seek franchisees for its 39 corporate-owned stores in Florida’s Brevard County, FloridaToday.com reported.

Michael Da Re, 7-Eleven’s franchise sales manager for the Melbourne/Daytona Beach area, is hosting two three-hour seminars in Palm Bay this week, where he’ll outline the requirements and benefits of operating a 7-Eleven.

Da Re told FloridaToday.com that attendance at the seminars started out low but has been growing, probably due to current economic woes. People who fear losing their jobs or are worried about their nest egg seem to like the idea of controlling their own destiny, Da Re said.

“You have people in the 50-, 60-year-old range saying, ‘I’m too young to retire and I want more control over my retirement fund.’ And it’s not just 7-Eleven, it’s other franchises as well,” he said.

7-Eleven typically provides the land, building and equipment for its franchisees. The average up-front total investment for a 7-Eleven franchise in the Brevard County area ranges from $85,000 to $320,000 based on the individual store’s profitability.

The investment covers a store’s opening inventory, supplies, business licenses, permits, bonds, cash register fund and the franchise fee.

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