9 Best Convenience Store Franchises for 2024

Discover the top convenience store franchises of 2023 ranked by net unit growth. From household names like 7-Eleven to unique players like Street Corner, explore franchise options for successful ownership.

Last updated 7 Nov 2024 Time 5 min read
Convenience Store 1

In this article, we will list for you the best convenience store franchises in 2023, ranked by net unit growth of 3 years.

9 Best Convenience Store Franchises for 2023

Good Neighbor Pharmacy

Founded in
1985
Total U.S. Locations
2275
Net Unit Growth (3 years)
483
Franchising since
2009
Franchise units
2275
Investment Range
$2K-$575K
Royalty Fees
%

Good Neighbor Pharmacy was established in 1985. Good Neighbor Pharmacy offers a wide variety of products and services to its customers. Some of these services are prescription filling, immunizations, health screenings, and more. These convenience store franchises offer products like supplements, over-the-counter medication, and vitamins. In addition, this convenience store franchise offers a 24/7 team of pharmacists to assist customers with any questions they have about their health and medication.

Extramile

Founded in
2017
Total U.S. Locations
923
Franchising since
2017
Franchise units
656
Net Unit Growth (3 years)
86
Investment Range
$215K-$4.21M
Royalty Fees
 N/A %

Extramile is a convenience store franchise that has many convenience store franchises nationwide across the U.S. They are known nationwide for their excellent customer service, products, and competitive prices. Some of the wide variety of products include snacks, drinks, lottery, and much more. Extramile has many objectives, one of them is providing the best possible customer service each time to make customers remember their good nature. Extramile provides its franchises with everything the customers need to start the business, including store institutions and gear, a complete training program, marketing support, and more.

Circle K

Founded in
1951
Total U.S. Locations
5897
Franchising since
1995
Franchise units
636
Net Unit Growth (3 years)
74
Investment Range
$189K-$1.93M
Royalty Fees
5%

Circle K is one of the leading convenience store franchises worldwide, they offer a wide variety of products to its customers. The company has grown to many stores in a lot of different countries. Circle K offers a variety of goods and services, including gas stations, car washes, ATMs, and a comprehensive preference for food and drinks. The company is committed to providing its customers with a convenient, enjoyable background every time they visit one of its stores. In addition to its retail functions, Circle K also owns and manages several other businesses, including an army of trucks and a network of distribution centers.

7-ELEVEN

Founded in
1927
Total U.S. Locations
9,522
Franchising since
1964
Franchise units
61,086
Net Unit Growth (3 years)
19
Investment Range
$0-$50,000
Royalty Fees
Varies

7-Eleven is an international chain of over 66,000 convenience stores functioning in 17 countries worldwide. 7-Eleven helps Franchisees customize their businesses “to the identity of their selected market bases and customer needs,” and that means more pleased customers that come back.

Services include obtaining and reaching the ongoing cost of the land, building, and store supplies, record keeping, bill paying, and payroll services for store operations fees, and financing for all normal store operating expenses. 7-Eleven’s corporate office even pays for the franchisee’s water, sewer, gas, and electric utilities.

Street Corner

Founded in
 1990
Total U.S. Locations
35
Franchising since
1995
Franchise units
35
Net Unit Growth (3 years)
2
Investment Range
$127K-$685K
Royalty Fees
5%

Street Corner Urban convenience store franchise sets them miles apart from traditional, mainstream convenience stores that lack spirit and ideas. Becoming a Street Corner franchise owner is a proven path to affordably building your own business, and you will earn admission to heightened-quality design plans, agents, and hands-on training. They also offer a Territory Representative Agreement also known as the TRA, which provides a Master Franchisee with a guaranteed, safeguarded domain in which they may materialize their own network of stores.

Piggly Wiggly

Founded in
1916
Total U.S. Locations
96
Franchising since
1982
Franchise units
84
Net Unit Growth (3 years)
-2
Investment Range
$1.4M-$4.86M
Royalty Fees
N/A %

This franchise offers and covers the right to establish and conduct a convenience store franchise under the name “Piggly Wiggly”. Piggly Wiggly, is the first American self-service convenience store ever made, and was founded in, Tennessee in 1916 by Clarence Saunders. In convenience stores of that time, customers gave their orders to writers, who then collected the products from the store shelves.

Dairy Mart

Founded in
2002
Total U.S. Locations
1220
Franchising since
2007
Franchise units
24
Net Unit Growth (3 years)
-4
Investment Range
$58K-$122K
Royalty Fees
7%

This convenience store franchise permits a franchise owner to operate a convenience store under designated “Dairy Mart” Marks owned by Mac’s Convenience Stores LLC or its affiliates.

Holiday Stationstores

Founded in
1989
Total U.S. Locations
531
Franchising since
1989
Franchise units
114
Net Unit Growth (3 years)
-26
Investment Range
$899K-$7.73M
Royalty Fees
N/A %

Holiday Stationstores is a franchise that offers a mixture of services to customers. These services comprise Automotive Fuels and Groceries. The company was established in 1946, and they have been in business for over 70 years. Their mission is to equip the best possible background for their customers and franchisees alike. They flatter themselves on being able to offer these services at a reasonable price and with the comfort of being open 24/7.

Dash In

 

Founded in
1979
Total U.S. Locations
58
Franchising since
1979
Franchise units
58
Net Unit Growth (3 years)
-N/A
Investment Range
 $130k-$140k
Royalty Fees
5.5%

Dash In is an exciting gas station and convenience store franchise opportunity with considerable revenue layers. That symbolizes our franchisees have more possibilities to develop and gain interest than when compared to other franchised convenience store franchises. Dash In wants franchisees to be successful for over, more than two decades. To our knowledge, successful franchisees share some common traits and professional experiences.

Conclusion

In conclusion, this article, talks about the best convenience store franchises with the best benefits for you. We urge you to take a look at these franchises before getting a franchise of your own.

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