3 of the Best Convenience Store Franchises in the Philippines
Convenience store franchising is one of the fastest growing business ideas today. If you are considering this type of business, it is important to do your research. If you choose one of these top convenience store franchises, you can be on your way to a profitable business.
The 7-Eleven franchise is the top convenience store franchise in the Philippines. The franchise has also seen a year-on-year increase in their profits, which is good news for interested investors. The main driver of growth for the franchise is the fact that it saw a 14% increase in operating stores in the past year. As more and more franchisees have chosen 7-Eleven, now is the best opportunity to franchise your own. The cost of franchising 7-Eleven branches has seen a significant drop over the past few years as well, making it more affordable for investors. This means that it now costs less to open your own 7-Eleven franchise.
One user at Yelp named Jason cites, “7-11 is your all-purpose, fairly priced convenience store”.
QuickStop is another notable convenience store franchise in the Philippines. It started in 1995 and has since grown with more expansions and outlets available all over the country. This 24/7 convenience store franchise offers flexible options for interested franchisees in terms of the size and layout. This proudly Pinoy brand currently has branches in Luzon, Visayas, and Mindanao.
A user named Faith writes a review of QuickStop at Yelp: “As far as convenience stores go, the QuickStop is top notch in my opinion!”
The Mini-Stop franchise is a global brand that arrived in the Philippines nearly two decades ago. In fact, this brand was among the first to introduce the American brand of convenience stores to the Philippines. The store has an excellent array of grocery and staple goods, as well as ready-to-eat items. There are over 500 Mini-Stop franchises in the Philippines and this number is expected to grow. For PHP 500,000, you can start your own Mini-Stop franchise in the Philippines.