Grand 7th
A Grand 7th store is a retail convenience store that serves local customers with everyday grocery items, tobacco products, beer, wine, and other neighborhood-focused merchandise. We operate in high-traffic locations such as strip malls, shopping areas, and stand-alone buildings with easy access and parking. Some stores may also include an approved tenant space for an added food service or other complementary offering, such as a quick-serve restaurant. Our stores are designed to give customers a convenient place to pick up common items close to home or work.
Your franchise match score
Food & Beverage
Brand highlights
- CEOFiras Hussain
- Headquarters1450 Brickell Bay Drive, Miami, FL, 33131
- Year founded2017
- Year started franchising2018
- IndustryFood & Beverage
- Locations open4 (+0 last three years)
Statistics & metrics
- Investment range$36,199 - $213,599
- Franchise fee$24,999
- Royalty3.75% of Gross Sales (1st through 5th Stores); 3.5% of Gross Sales (6th through 9th Stores); 3% of Gross Sales (10th and later Stores)
- Brand fundUp to 1% of Gross Sales; Currently 0.5% of Gross Sales
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2021-05-19
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Grand 7th, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Grand 7th franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Grand 7th franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Grand 7th franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Grand 7th. | |
| Financial Performance Representations | Review any financial performance information Grand 7th provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 4 |
| Franchise locations | 0 |
| Corporate locations | 4 |
System growth over time
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