7-Eleven, Inc., which owns or franchises over 5,800 convenience stores in the United States and Canada and licenses over 22,000 stores worldwide, is selling 200 company-owned stores in Colorado to franchisees. After offering its store managers a first right of refusal, 7-Eleven opened the franchises purchases to the public. According to the Denver Business Journal, the average total up-front cost for one of those franchises is approximately $118,000, which includes the franchise fee, inventory, licenses and permits, bonds and cash register funds.