Owning your own Grand 7th is beneficial for everyone involved! Because our innovative concept revolves around utilizing the products and services of our local economy, every Grand 7th location offers a unique experience in convenience!
By partnering with local vendors, Grand 7th stocks each location with a diverse array of products that will differ from each of our locations! Utilizing a local market for products means consumers can enjoy a larger selection of healthier and environmentally friendly goods. Offering an extensive list of products that reflect the values of the surrounding community bolsters the local economy and invites entrepreneurs to use Grand 7th as a platform for their endeavors!
The biggest advantage of owning a Grand 7th is the flexibility of our concept. Franchisees have the freedom to sublease a space in their store for several different services like mail and storage lockers, food vendors, that will attract more customers to your location! Other potential revenue streams include obtaining a pharmacy in approved locations.
Convenience stores in the U.S. rake in about $650 billion in total sales each year. Here are some statistics that back up why investing in a Grand 7th franchise is both ideal for your community and your bank account!
In 2017, the accumulated sales of malt beverages, beer, hot dispensed beverages, and frozen dispensed beverages garnered the convenience industry a whopping $30 billion dollars!
Although the price profile of items at convenience stores are higher than other food and beverage locations, customers do see value in the ease of accessibility. Hot breakfasts, fresh coffee, and alcohol products tend to be the most common items purchased at the typical location. Location is the primary factor for profitability today. Destinations along long-distance highways include restaurants, showers, and other home conveniences which add to their profit margins too. Expect the convenience store industry to keep setting new records in the coming years!