A convenience store, sometimes called a corner store, is a small retail business that sells a range of everyday items such as coffee, snacks, groceries, carbonated drinks, ice creams, tobacco products, over-the-counter medicines, toiletries, magazines, lottery tickets. Some of them provide utility payment and drive-thru services, too. There are more than 150,000 convenience stores in the U.S., most of which are franchise chains. Doing intensive research helps you identify which franchise is right for you. To start a convenience store business, look for the best franchise from our list.
1. 7-Eleven
7-Eleven Inc. is a Japanese-owned international chain American company based in Dallas, Texas. It has more than 66,000 convenience stores scattered in 17 countries worldwide. The 7-11 convenience store franchise is unique because it allows franchisees to customize their businesses to the distinct characteristics of their market and customer needs. This article discusses the details of owning a 7-Eleven franchise.
Established in: 1927
Franchising since: 1964
Initial investment: $37,550
Royalty Fees: Varies
2. Circle K
Circle K is one of the well-known convenience store brands worldwide for quality products and excellent customer support. It is also widely recognized for franchising outside of the U.S. and Canada. The Circle K Franchise team’s experts are committed to supporting its franchisees. Whether opening new shops or transforming existing properties, Circle K offers many benefits to every kind of franchisee.
Established in: 1951
Franchising since: 1995
Initial investment: starts at $185,500
Royalty Fees: 3 – 7.5%
3. AMPM
Petroleum and convenience store franchises continue to evolve as the demand increases. The AMPM brand is a well-established chain that has become a part of the West Coast’s culture. Its powerful and unique branding is the foundation of AMPM’s credibility as a convenience store franchise. Likewise, brand awareness and customer loyalty are the key elements of AMPMs marketing strategy.
Established in: 1975
Franchising since: 1979
Initial investment: starts at $430,698
Royalty Fees: 11 – 14%
4. RaceTrac
RaceTrac delivers outstanding service to customers looking for modern, convenient locations, quality food offers, and a broad product selection. Prospective franchisees are given opportunities to be actively involved in the day-to-day operations of the retail business.
Established in: 1934
Franchising since: 1934
Initial investment: $1,000,000
Royalty Fees: 3.5%
5. Dash In
Dash In is a gas station and convenience store offering franchise opportunities with multiple revenue layers. That means our franchisees have more options for growth and success and beat the competition—Dash In aims for franchisees to successfully run the business.
Established in: 1979
Franchising since: 1979
Initial investment: starts at $138,600
Royalty Fees: 5.5%
6. Street Corner
Franchising is a proven way to build your own business affordably. Street Corner Urban Market’s concept sets them far apart from traditional and mainstream convenience stores everywhere.
Established in: 1988
Franchising since: 1995
Initial investment: starts at $99,400
Royalty Fees: 4.95%
7. Farm Stores
Farm Stores is the largest and original drive-thru grocery store in the United States. Customers love the convenience of driving through for coffee and a breakfast sandwich while on the way to work. The company wants its franchisees to succeed and their stores to thrive. With that said, Farm Stores provide all the education, tools, training, support, and marketing franchisees need to succeed in their business.
Established in: 1957
Franchising since: 2015
Initial investment: starts at $128,501
Royalty Fees: 5%
8. Gateway Newstands
Gateway Newstands is a convenience store and kiosks in large office buildings, shopping centers, public places, and transit stations in the United States and Canada. The company boosts a vast system & over 30 years of retail experience.
Established in: 1983
Franchising since: 1983
Initial investment: starts at $55,875
Royalty Fees: 3.5%
9. Just-A-Buck
Just-A-Buck Licensing, Inc., headquartered in New Windsor, New York, supports a chain of franchised and company-owned dollar stores with locations throughout the eastern United States. Just-A-Buck family company-owned and franchise chain has grown steadily stronger since its humble beginnings in 1988.
Established in: 1988
Franchising since: 1992
Initial investment: $172,475
Royalty Fees: Unknown
10. Save-A-Lot Food Stores
Save-A-Lot is a leading discount grocery chain with over 1,300 stores across the U.S. and the Caribbean. Approximately 70% of these locations are owned and operated by individuals or corporate entities under our licensed retailer program. Their business model is designed to help retailers succeed and compete effectively in the grocery industry.