7-Eleven Is Giving Away a Franchise for Free If you are a veteran interested in franchising, you have until January to apply for 7-Eleven's free franchise giveaway contest.

By Kate Taylor

Opinions expressed by Entrepreneur contributors are their own.

If you've served in the military and are looking to open a franchise, 7-Eleven has a giveaway for you.

The convenience store chain announced this week that it is holding its first veteran franchise giveaway contest. The winner of the contest, called Operation: Take Command, will have the chance to open a 7-Eleven franchise, bypassing the $190,000 franchise fee.

Contestants must be first-time 7-Eleven franchise applicants, who are honorably discharged veterans with excellent credit and at least three years of leadership, retail or restaurant experience. 7-Eleven will chose the winner after interviews, a Facebook video contest and finally, for the three finalists, an interview with 7-Eleven CEO Joe DePinto.

Related: Veterans Are Natural Born Entrepreneurs

"I can think of no one more deserving of this extraordinary opportunity to win a 7-Eleven franchise than one of our military veterans who has given so much for our country," DePinto, a graduate of the Military Academy at West Point and former U.S. Army officer, said in a statement. "7-Eleven is a winner, too, because veterans bring top-notch leadership skills, a can-do attitude and mission-oriented focus to their business."

Online application for the giveaway opened on Veterans Day and will continue until Jan. 25, 2015. The winner will be announced in April.

If you're a veteran interested in opening a 7-Eleven franchise, but don't feel like entering a giveaway, never fear: 7-Eleven offers all qualified vets a discount of up to 20 percent on the franchise fee for their first 7-Eleven store. Many franchises actively recruits veterans, so if convenience stores aren't your cup of tea, you can also check out one of these 75 franchises including Subway, Anytime Fitness and Dunkin' Donuts that offer incentives for veterans year round.

Related: 7 Qualities the Army Instilled in Me That Helped Me Launch a Business

Kate Taylor

Reporter

Kate Taylor is a reporter at Business Insider. She was previously a reporter at Entrepreneur. Get in touch with tips and feedback on Twitter at @Kate_H_Taylor. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Innovation

4 Ways Market Leaders Use Innovation to Foster Business Growth

Forward-thinkers constantly strive to diversify and streamline their products and services, turning novelties into commodities desired by many.

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Business News

Your Old Apple AirPods Can Soon Act as an Over-the-Counter Hearing Aid, According to the FDA

The new software is compatible with the Apple AirPods Pro and accessible through iOS — for free and now FDA-authorized.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Leadership

From Elite Athletes to Tech Titans — Discover the Surprising $100-Million Habit That Leads to Extraordinary Success

Success comes from mastering focus, eliminating distractions and prioritizing what truly matters.

Side Hustle

'Hustling Since Middle School': She Started a Side Hustle on Facebook Marketplace — Then a 'Game-Changer' Grew It to $25,000 a Month

Leena Pettigrew's "entrepreneurial spirit" inspired her to build a business with earnings that outpaced her full-time income.