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Promoted Opportunities
Initial Investment
LOW: $45,645
HIGH: $1,479,800
Change in Units
-7.1% -3 UNITS (1 Year)
-13.3% -6 UNITS (3 Years)
Company Profile
Founded
1988
Franchising Since
1995 (22 Years)
Corporate Address
2945 S.W. Wanamaker Dr. Topeka, KS 66614
CEO
Peter La Colla
About Street Corner
After Peter LaColla and Daniel McCabe opened a restaurant called Street Corner Cuisine in a mall in Topeka, Kansas, they noticed there was no place to buy cigarettes, newspapers or aspirin in the shopping center. To meet the need, the partners opened Street Corner, a convenience store with the look of an old-fashioned newsstand, in 1988. The new store was popular with both mall customers and employees, and the partners decided to sell their restaurant and concentrate on franchising Street Corner.
Street Corner locations sell snacks, beverages, newspapers, magazines and other items.
Financials
Financial Requirements
Initial Investment
$45,645 - $1,479,800
Net-worth Requirement
$100,000
Liquid Cash Requirement
$30,000
Ongoing Fees
Initial Franchise Fee
$19,900 - $24,900
Ongoing Royalty Fee
4.95%
Ad Royalty Fee
$899 /yr.
Financing Options
Street Corner has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Units (Locations)
Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.
Operations & Franchisor Support
Training Onsite: 5 days
Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Absentee Ownership Allowed
Number of employees required to run: 2
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Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 6th, 2016
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