VF Franchise Consulting

7-Eleven India launch likely with Future Group

Feb 18, 2019

7-Eleven

Convenience store chain 7-Eleven is holding advanced talks with India’s Future Group to enter the territory.

The parties may announce an agreement to launch a network of 7-Eleven India stores next month, according to inside reports. Future Group would operate small format stores as a master franchisee, with a focus on food retailing.

The partnership is expected to help Future extend its reach to buyers beyond its own existing store network.

“Future Group has a number of neighbourhood stores through their own format launches and through acquisitions”, observed Devangshu Dutta, CEO at consultancy firm Third Eyesight. “Some of them could surely be repurposed to 7-Eleven convenience stores, while there could be other franchisees appointed for specific sites or territories,” he told The Economic Times of India.

“However, becoming a franchisee entails costs and restrictions. The question is whether there is enough margin available in the business to allow for so many tiers of stakeholders.”

7-Eleven India potential partner Future Group runs 1,444 stores in 409 cities, specializing in food and grocery retailing.

Inside Retail Asia

[ Go back ]

Franchise Opportunities

Subscribe to VF Franchise Consulting

Never miss an update with the latest franchise news and opportunities.

Clicking SUBSCRIBE means you agree to our Terms and Conditions and that you have read our Privacy Policy.