Yeah, and I think Jerry already let the cat out of
Post# of 75393
Posted On: 08/16/2016 9:35:47 AM
Re: Roger Wilco #23912
Yeah, and I think Jerry already let the cat out of the bag as to who. He stated in his last Small Cap Voice interview that they were working on clinching a deal with 7-11 that they started on last year. Of course it could be another chain, but I think 7-11 is a safe bet. If this goes well, which I'm absolutely sure it will, it'll be HUGE. The size of the chain is impressive to say the least, with 59,800 stores in 17 countries. This excerpt is from Wikipedia: Supermarket News ranked 7-Eleven's North American operations No. 11 in the 2007 "Top 75 North American Food Retailers," based on the 2006 fiscal year estimated sales of US$15.0 billion. (That's 11th place out of the top 75 North American Food Retailers. That's a big deal!) Based on the 2005 revenue, 7-Eleven is the twenty-fourth largest retailer in the United States. As of 2013, 8,144 7-Eleven franchised units exist across the United States. Franchise fees range between US$10,000 – $1,000,000 and the ongoing royalty rate varies. 7-Eleven America has its headquarters in the Cypress Waters development in Irving, Texas
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