Gross amount: The term refers to the total amount made as a result of some activity. It can refer to things such as total profit or total sales.

Initial franchise fee: This fee is the initial cost paid by the Franchisee for the right to use a business’ brand name and business model, and receive funding and other potential services provided by the franchisor. It is typically paid after a franchise agreement is signed.

Initial investment: This is the initial cost of getting into business that includes the franchise fee, inventory down payment, cash register fund and costs for supplies, licensing, permits and bonds.

Multi-unit franchise: Franchising multiple locations within a business at one time.

Net amount: The term refers to the amount left over after all deductions are made. Once the net value is attained, nothing else is subtracted.

New Store Open (NSO): Store on the Stores Available List that has been open or operating for less than 12 months.

Royalty fee: A continuing fee paid by the Franchisee for the use of a brand and business model.

Shared profit split: A franchise business model that splits gross profits between the franchisor and the Franchisee.

Single-store franchise: The traditional Franchise model involving only one location.

Store Support Center: Corporate headquarters in Irving, Texas, where all functions supporting a franchise operation are housed – e.g., accounting, payroll, merchandising.

Tried-and-True, Time-Tested Business Model: A franchise that is sold to a Franchisee fully equipped and ready for operation.

Vendor: A supplier of products or services.

Under Construction (UC): Store on the Stores Available List as currently being under construction. This is usually a 7‑Eleven site for a Traditional franchising opportunity.

Zero Franchise Fee (ZFF): Designation for selected Corporate-owned stores on the Stores Available List that require no initial Franchise Fee.