
Street Corner
Convenience stores- 2021 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$99K - $1.7M
- Units as of 2019
-
36 -7.7% over 3 years
Company Overview
About Street Corner
- Industry
- Retail
- Related Categories
- Convenience Stores, Miscellaneous Retail Businesses
- Founded
- 1988
- Leadership
- Peter La Colla, CEO
Franchising Overview
- Franchising Since
- 1995 (26 years)
- # of employees at HQ
- 10
- Where seeking
-
This company is seeking new franchisees throughout the US.
- # of Units
- 36 (as of 2019)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Street Corner franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $24,900
- Initial Investment
- $99,400 - $1,719,800
- Net Worth Requirement
- $100,000
- Cash Requirement
- $30,000
- Royalty Fee
- 4.95%
- Ad Royalty Fee
- $899 /yr.
- Term of Agreement
- 7 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Street Corner has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 40 hours
- Ongoing Support
-
NewsletterGrand OpeningField OperationsSite Selection
- Marketing Support
-
Ad TemplatesRegional AdvertisingMarketing Planning & SupportSocial MediaSEOEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 2
- Are exclusive territories available?
- Yes
Franchise 500 Ranking History
Compare where Street Corner landed on this year’s Franchise 500 Ranking versus previous years.
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