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

Starting a Business

The Next Chapter of Basketball? Why This New League Is Betting Big on 1v1 Hoops

The Next Chapter is a premier 1v1 league turning streetball culture into a marketable, competitive sport. With unique players and pay-per-view events, the league aims to become a billion-dollar basketball business.

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.

Starting a Business

This 'Dream' Side Hustle Out-Earned Her Corporate Salary in 2 Years — Now It's a $2 Million Business

Here's the exact blueprint she used to leave her W2 job behind and step fully into entrepreneurship.

Business News

Deloitte Is Reimbursing Employees Up to $1,000 — For Buying Lego Sets

Each Deloitte employee can spend up to $1,000 on items to improve their well-being.

Leadership

5 CEOs Sat Down for a Candid Conversation — What They Revealed Could Change Your Entire Perspective on Leadership

These five CEOs get brutally honest about leadership, pressure and letting go of control.

Business News

Meta Is Reportedly Offering Up to Nine-Figure Pay for Researchers on Its New Superintelligence AI Team

Meta CEO Mark Zuckerberg, 41, is overseeing the hiring of staff for the new 50-person team.