Convenience Store Franchise Review
Convenience Store Franchise Opportunity - Convenience Store Franchise Business for Sale
Street Corner
In 1988, we launched the first of our convenience stores developed and designed exclusively for the large regional shopping mall environment. Our first store and the Company’s headquarters are based in Topeka, KS. After building out eight company-owned stores, which include our locations at the Mall of America, Underground Atlanta and many other national tourist destinations in various regions of the country, we began to gain recognition as a national convenience store and geared uniquely for the world of the enclosed malls retail centers. In 1996, we launched a franchise program for our mall-based “Street Corner” concept. We have since sold all of our company owned stores and now solely franchise. Our stores cater to the often-overlooked needs of our country’s regional malls.
Street Corner is an ideal franchise for any high traffic location:
- Shopping malls
- Hotels
- Office buildings
- Urban storefronts
- Airports
- Train stations
- Highway fuel and rest stops
- College campuses
- Life Centers
Background
Established: 1988
First Franchised: 1995
Franchised Units: 53
Company Owned Units: 0
Projected New Units (12 Months): 15
Registered: All States
States not accepting Referrals: MD, ND, RI, WI, once the FDD has been accepted in these states then Street Corner will begin accepting referrals / Effective August 2008
Financial/Terms
Cash Investment: $40-50K
Total Investment: $150K - $185K
Minimum New Worth: $200K
Franchise Fee: $19.9K
Royalty: 4.5%
Ad: 0%
Average Number of Employees: 1FT, 2PT
Passive Ownership: Yes
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