7-Eleven aims to build 2,000 stores worldwide in 3 years. Currently there are 1,100 stores world wide and 7-Eleven is 100% Malaysian-run organisation.
So far, 7-Eleven has received about 1,300 applications from potential franchisees and they have selected 76 for training.
7-Eleven has just signed a memorandum of understanding with Perwira Niaga Malaysia (Pernama) and this will offer at least 100 ex-servicemen to work at 7-Eleven stores so that they can be franchisees.
It is also an alternative for ex-servicemen to earn a living by working at 7-Eleven stores. 7-Eleven would be more than happy to assist them to adjust their life as civilians after they have ended their service for the country.
Pernama hope that more ex-servicemen will take up the challenge to lead a better life. This is a chance for them to be franchisees so that they can be businessmen.
Selected ex-servicemen will have to undergo a three-month training program before they start working at 7-Eleven stores as store managers.
They will also receive financial support to fund the franchising fee of RM100,000 and additional RM100,000 as investment in the store inventory. That is not all as they will get an additional RM50,000 security deposit that will be provided by Pernama in the form of corporate guarantee.