7-Eleven franchise owners urge corporation to offer better conditions
The National Coalition of Associations of 7-Eleven Franchisees is urging 7-Eleven to revise the 2019 Franchise Agreement it is pressuring store owners to sign.
The proposed agreement, which approximately 19% must sign by next March and the majority within the following five years, would not reduce franchisee net income, increase store-level operating costs and force owners to stay open on Christmas Day, according to retailers.
“Forcing stores to be open on Christmas is just another example of the lack of respect this company has for its franchisees,” said Jay Singh, Chairman of the National Coalition.
The Coalition sent a letter to CEO Joe DePinto formally requesting all deadlines to sign the agreement by December 31 be removed, and terms be revised to create a more favourable outcome for all parties.
The National Coalition has highlighted 45 areas of concern in the agreement, which would have negative impact on franchisee profitability, independent contractor status and legal recourse in the event an owner makes a claim against the company.
