1851

Convenience stores have become an integral part of our daily lives. Despite the rise of e-commerce, the demand for c-stores stays strong due to their recession-resistant consumer offering. Busy people on-the-go will always need a place to recharge, refuel and restock on basic goods and services such as food, drinks, personal care and household items. Here are some of the factors to consider before investing in a&nbsp;<a href="https://1851franchise.com/top-convenience-store-franchise-opportunities-of-2022-2718203">convenience store franchise</a> in 2023.<h4>Market Demand</h4>The first factor to consider is the demand for convenience stores in the area you plan to set up your franchise. Look at the number of existing convenience stores in the vicinity and assess their performance. Do your research on consumer demographics and see if they align with your target audience. A high demand in the area means that you have a better chance of success and a steady stream of customers.<h4>Brand Reputation</h4>Before investing in a convenience store franchise, consider the reputation of the brand—franchise concepts such as&nbsp;<a href="https://franchise.7-eleven.com/franchise/home?utm_source=1851franchise.com&utm_medium=article&utm_campaign=should-you-invest-in-a-convenience-store-franchise-2721237" target="_blank" rel="nofollow">7-Eleven</a> or&nbsp;<a href="http://arcoampmfranchisingsouth.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=should-you-invest-in-a-convenience-store-franchise-2721237" target="_blank" rel="nofollow">AMPM</a> have thousands of locations and some of the strongest brand recognition in the entire franchise industry.Choose a brand that has a strong reputation in the market and a proven track record of success. A well-established brand can provide you with better brand recognition and customer loyalty, which is essential for a successful business in this category specifically.<h4>Cost</h4>The cost of starting a convenience store franchise can vary greatly, depending on the brand and location, especially considering many concepts can thrive in nontraditional sites like airports, train stations, sports stadiums, etc., while other brands require their stores to be located in a traditional highway gas station site. An average 7-Eleven store, for example, can range anywhere from&nbsp;<a href="https://1851franchise.com/franchise-deep-dive-7-eleven-franchise-costs-fees-profit-and-data-2720823">$500,000 to $1,000,000</a>.&nbsp;Beyond the start-up costs, be sure to consider the initial franchise fee, ongoing royalties, marketing and advertising costs, and other expenses related to running the business. Make sure you have a clear understanding of the costs involved and have a solid financial plan in place before making a decision.<h4>Training and Support</h4>Another important factor to consider is the training and support offered by the franchisor. A good franchisor will provide franchisees with comprehensive training and ongoing support to help them run their business successfully. When it comes to convenience stores, this should include training on operations, inventory management, POS systems, customer service and marketing.<h4>Legal Requirements</h4>Before investing in a convenience store franchise, make sure to understand the legal requirements involved. Every country has different regulations and laws regarding franchises, convenience stores and gas stations. Make sure you are fully aware of the rules and regulations that apply to your specific location.In conclusion, while many other retail categories are falling out of favor these days, investing in a convenience store franchise can still be a lucrative business opportunity if done right. Do your research, have a solid business plan in place and seek the advice of a professional if necessary. With the right combination of factors, you can increase your chances of success and achieve financial stability.

Should You Invest In a Convenience Store Franchise?

1851 Franchise

Whether you are thinking about investing in a train station 7-Eleven or a highway AMPM, here are some of the main factors to keep in mind. 

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

should-you-invest-in-a-convenience-store-franchise

SweatHouz

SweatHouz SWTHZ Franchise - Hunter and Mallory Mitchem - Franchisee Feature - 1851 Franchise

From Aerospace to Wellness: Hunter Mitchem’s Journey to a SweatHouz Empire

sweathouz-franchise-hunter-mitchem-6g

Onigilly Japanese Kitchen

Onigilly - Low Operating Costs Drive High Returns for Franchisees - 1851 Franchise

Maximize Your ROI: How Onigilly’s Low Operating Costs Drive High Returns for Franchisees

onigilly-franchise-fast-casual-franchise-opportunity

Layne's Chicken Fingers

What Is the Layne’s Franchise Disclosure Document, and What Will I Find in It?

laynes-franchise-disclosure-document

Athletech News: How SWTHZ Delivers on Wellness Demands of All Kinds

swthz-delivers-wellness-demands-contrast-therapy

TruBlue Home Service Ally

Why Protected Territories Matter and How the TruBlue Franchise Delivers

why-protected-territories-matter-and-how-the-trublue-franchise-delivers

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Bed Bath & Beyond - Franchise Expansion - Retail Strategy - 1851 Franchise

Bed Bath & Beyond Launches Franchise Model as Part of Comeback Strategy

bed-bath-beyond-franchise-expansion-retail-strategy

Senior Entrepreneurship - Franchising - 1851 Franchise

Senior Entrepreneurship Is Rising — And Franchising Is a Key Outlet

senior-entrepreneurship-franchising-silver-startups

U.S. Government Shutdown - Impact on Franchises - 1851 Franchise

Government Shutdown Stalls SBA Loans: How the Shutdown Could Impact Franchises

government-shutdown-impacts-sba-loans-tourism-franchises

Subway Franchisees Resist Expensive Remodel Directives

subway-franchisees-resist-expensive-remodel-directives

The American Franchise Act: What It Means for Franchisors and Franchisees - 1851 Franchise

The American Franchise Act: What It Means for Franchisors and Franchisees

american-franchise-act-joint-employer-standard

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

NJCAR v. Ford - New Jersey Supreme Court Limits Standing Under Franchise Practices Act

New Jersey Supreme Court Limits Standing Under Franchise Practices Act

new-jersey-franchise-practices-act-njcar-v-ford

Friendly’s Parent Company Acquired by Multi-Unit Franchisee as More Owners Take the Lead in Brand Acquisitions 

friendlys-parent-company-acquired-by-multi-unit-franchisee-as-more-owners-take-the-lead-in-brand-acquisitions

Top Education Franchises To Consider for 2025 - 1851 Franchise

Top Education Franchises To Consider Investing In for 2025

top-education-franchises-investment-opportunities

Top Early Childhood Education and Child Care Franchises for 2025 - 1851 Franchise

Top Early Childhood Education and Child Care Franchises for 2025

early-childhood-education-child-care-franchises

Top Arts and Creative Learning Franchises for 2025 - 1851 Franchise

Top Arts and Creative Learning Franchises for 2025

top-arts-creative-learning-franchises

1851 Franchisee Spotlight graphic with photo of Barb Volk and KidStrong logo

Why This Orangetheory Fitness Franchise Owner Is Developing KidStrong Franchises

kidstrong-franchise-owner-barb-volk-2025

image of franchise deep dive from 1851 franchise on doody calls franchise authority brands

DoodyCalls Franchise Costs, Fees, Profit and Data for 2025

doodycalls-franchise-deep-dive

Should You Invest In a Convenience Store Franchise?

MORE STORIES LIKE THIS