24seven Franchise

Food & beverage vending machines

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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 customers from more than 40,000 vending machines

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of 24seven, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official 24seven website.

How much does it cost to open a 24seven Franchise ?

The investment required to open a 24seven Franchise is between $257,000 - $301,000 . There is an initial franchise fee of $230,000 which grants you the license to run a business under the 24seven name.

Individual Franchise Costs

  • Initial Investment:
    $257,000 -
  • Initial Franchise Fee:
    $230,000
  • Royalty Fee:
    10%
  • Term of Agreement:
    6 years

Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Support
Toll-free phone line, Field operations/evaluations, Purchasing cooperatives

24seven Growth History

When did the first 24seven open? 1997
When did 24seven start Franchising ? 2001

Year U.S.A. 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

Franchise can be run from home. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

General business experience Physical work capabilities (to service machines); marketing skills & industry experience helpful but not necessary

California, Texas,



How much does a 24seven Franchise owner make?

How much money you could make as a 24seven Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a 24seven Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$230,000 - $301,000
Initial Franchise Fee
$230,000
Royalty Fee
10%
Term of Agreement
6 years
Latest News
Caribbean Americans Urged To Become Franchise Holders

2007-01-10
Franchise Opportunities That Involve Children

2006-06-24
We Are 24seven Vending (us) Inc

2006-02-20 View All

Sister Companies

24seven Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for 24seven and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a 24seven franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.