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strama. I. INTRODUCTION The entity under study is one of the many chain
stores of 7- Eleven, located at San Antonio Avenue corner ...
Submitted by khen_11884 on May 24, 2006
Category: Business
Words: 10450 | Pages: 42
Views: 433
Popularity Rank: 19,829
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I. INTRODUCTION
The entity under study is one of the many chain stores of 7- Eleven, located at San Antonio Avenue corner Dr. A. Santos Avenue (Sucat Road), Sucat, Paranaque. The store, just like any other 7-Eleven stores is engaged into retail selling of products ranging from food, grocery items and other over the counter products. The store also offers services other than retail selling such as: prepaid cell phone loading services and serves as remittance center for common utility bill payments. The store is under the indirect auspices of the Philippine Seven Corporation (PSC) – the only licensed and recognized corporation to utilize and make use of the name of 7-Eleven along with its concepts. It is currently operating under a management franchise contract, into which all management functions, as far as the store is concerned, will be performed by the franchisor, that in turn, will entitle him to a management fee. Revenues generated by the store ranges from 1,000,000 to 2,000,000 pesos per month and profits ranging from 500,000 to 700,000 pesos per month. It caters to all people with varying social strata; most of its customers come from the nearby common establishments. The store is located in a common area wherein it shares its location with other businesses and local establishments such as hardware stores, commercial banks, shopping plazas, travel agencies, residential subdivisions and villages, schools and the local city hall. As of press time, the store maintains seven (7) employees that perform multi-tasked, all around store functions trailing a shifting schedule. The store building is being leased under a contract of five years subject to renewal two years from now.
In order to have an idea of the franchisee – Philippine Seven Corporation, a brief profile of the company, as derived from the Wright Reports website, is presented below:
“Philippine Seven Corporation - The Group's principal activities are the retailing,...
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