Member News
NATIONAL COALITION OF ASSOCIATIONS OF 7-ELEVEN FRANCHISEES NATIONAL OFFICERS & STAFF Sukhi Sandhu
7-Eleven On Entrepreneur’s 2022 Franchise 500 Ranking
the franchise industry over the last year—and how franchisors have adapted and evolved to meet them, according 7-Eleven is the only c-store chain to to the publication. “While other conmake it into the top 10 on Entrepreneur venience stores closed during the panMagazine’s 2022 Franchise 500 list, comdemic, 7-Eleven was well positioned ing in at No. 9. The two other convenience when COVID-19 hit, having launched a retailers on the list are Circle K at No. 52 delivery app, 7NOW, in 2018,” Entrepreand Farm Stores neur stated. “Not only did the at No. 473. Taking company’s delivery business sky“Sixty-six percent the top three spots rocket 500 percent in 2020, but it are Taco Bell (#1), of convenience doubled in 2021 as ‘convenience’ The UPS Store came to no longer mean open retailers reported (#2), and Popeye’s 24/7 and at every corner, but also that their in-store Louisiana Kitchen available right there at your doorsales were higher in step. Today, 95 percent of 7-Elev(#3).The ranking 2021 than in 2020.” en stores in the U.S. and Canada is based on five key factors: Costs and offer delivery, with more prodFees (franchise ucts and groceries being added fee, total investment, royalty fees); Supall the time, including over-the-counter port (training times, marketing support, medicines, pizza, beer, and wine.” operational support, franchisor infrastructure, financing availability, litigation); Size and Growth (open and operating units, growth rate, closures); Brand Strength (social media, system size, years Despite pandemic-related challenges in business, years franchising): and Fithroughout the year, 66 percent of connancial Strength and Stability (franchivenience retailers reported that their sor’s audited financial statements). in-store sales were higher in 2021 than The 43rd annual Franchise 500 rankin 2020, the most recent NACS Member ing shines a light on the unique chalPulse Survey reveals. Only 16 percent lenges and changes that have shaped
C-Store Retailers & Suppliers Say Sales Improved In 2021
NATIONAL CHAIRMAN 855-444-7711 • sukhi.sandhu@ncasef.com
Joe Rossi EXECUTIVE VICE CHAIRMAN 312-501-4337 • joer@ncasef.com
Romy Singh TREASURER 757-506-5926 • romys@ncasef.com
Rehan Hashmi VICE CHAIRMAN 847-845-8477 • rehan711@yahoo.com
Teeto Shirajee INTERIM VICE CHAIRMAN 954-242-8595 • teeto.shirajee@yahoo.com
Nick Bhullar INTERIM VICE CHAIRMAN 626-255-8555 • bhullar711@yahoo.com
Eric H. Karp, Esq. GENERAL COUNSEL 617-423-7250 • ekarp@wkwrlaw.com John Riggio MEETING/TRADE SHOW COORDINATOR 262-394-5518 • johnr@jrplanners.com
Monica Galaviz OFFICE ADMINISTRATOR 855-444-7711 • monicag@ncasef.com
Shawn Howard VENDOR RELATIONS ADMINISTRATOR 855-444-7711 • shawnh@ncasef.com
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John Santiago MANAGING EDITOR 267-994-4144 • avantimag@ncasef.com
The National Coalition Office The strength of an independent trade association lies in its ability to promote, protect and advance the best interests of its members, something no single member or advisory group can achieve. The independent trade association can create a better understanding between its members and those with whom it deals. National Coalition offices are located in Ceres, California. 10
AVANTI JANUARY | FEBRUARY 2022
April J. Key GRAPHIC DESIGNER lirpayek@gmail.com
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The Voice of 7-Eleven Franchisees January/February 2022 ©2022 National Coalition of Associations of 7-Eleven Franchisees Avanti Magazine is the registered trademark of The National Coalition of Associations of 7-Eleven Franchisees.