Cyber Monday Sale! 50% Off All Access

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.

Business News

'I Stand By My Decisions': A CEO Is Going Viral For Firing Almost All of the Company's Employees — Here's Why

The Musicians Club CEO Baldvin Oddsson fired 99 workers at once over Slack for missing a morning meeting. But there's a catch.

Business News

'Something Previously Impossible': New AI Makes 3D Worlds Out of a Single Image

The new technology allows viewers to explore two-dimensional images in 3D.

Real Estate

Why Real Estate Should Be a Key Part of Your Wealth-Building Strategy in 2025 and Beyond

Real estate remains a strong choice for building wealth in 2025 and beyond, from its ability to generate passive income to offering long-term appreciation and acting as a hedge against inflation.

Franchise

Subway's CEO Steps Down Amid a Major Transition for the Sandwich Giant

John Chidsey will step down at the end of 2024, marking the close of a transformative five-year tenure.

Fundraising

They Turned Down an Early Pay Day to Maintain Control of Their Business. And Then Went on to Raise $190 Million.

Jason Yeh, co-founder and General Partner of Patron, explains the early-stage venture firm's creation and future outlook.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.