Street Corner
- McColla Enterprises, Ltd.
2945 S.W. Wanamaker Dr.
Topeka, KS 66614
-
(800) 789-6397
/
(785) 272-8529 x 103
- (785) 272-2384 (Fax)
STREET CORNER is the "Convenience Store in the Mall," offering the things that mall employees and mall patrons want during their shopping experiences: aspirin, fountain and bottled drinks, coffee and tea and newspapers, lottery, snacks, candy and gun, fax and copy services, cigarettes and cigars, souvenirs and gifts, office and desk supplies and other incidentals.
Franchisor Background
Year Established: 1988
Franchising Since: 1995
Operating Units
Franchised Units |
47 |
100.0% |
Company-Owned Units |
0 |
0.0% |
Total Operating Units |
47 |
100% |
Geographic Distribution
USA |
47 |
100.0% |
In 27 States
|
Canada |
0 |
0.0% |
In 0 Provinces
|
International |
0 |
0.0% |
In 0 Foreign Countries
|
Total |
47 |
100% |
|
Multi-Unit Operators
Multi-Unit Operators |
N/A |
Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
Density |
Units |
New Jersey |
8 |
New York |
4 |
Tennessee |
4 |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District of Columbia
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Support and Training
General Information
IFA Member |
No |
CFA Member |
No |
Franchisee Association? |
No |
Size of Corporate Staff |
8 |
Site Selection Assistance |
Yes |
Lease Negotiation Assistance |
Yes |
Financial Assistance |
Yes, Direct |
Marketing Support
Co-Op Advertising |
No |
National Advertising |
No |
Regional Advertising |
No |
Local Advertising |
No |
Additional Services: |
Grand Opening, In-House Marketing, Newsletter
|
Ongoing Support
Central Data Processing |
Included |
Central Purchasing |
N/A |
Field Operation Evaluation |
Included |
Field Training |
Included |
Initial Store Opening |
Included |
Inventory Control |
Included |
Franchisee Newsletter |
Included |
Regional or National Meetings |
Yes, at additional cost |
800 Telephone Hotline |
Included |
Training
On-Site |
At least 40 Hours |
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Financial Requirements
Investment
Minimum Net Worth |
$150K |
Cash Investment |
$30K |
Total Investment |
$97-200K |
Average Total Investment |
$140K |
Fees
Initial Franchise Fee |
$24.9K |
Average Franchise Fee |
$24K |
On-Going Royalty |
4.95% |
Average Royalty |
4% |
Advertising Fee |
$899/yr. |
Site Information and Requirements
Average Number of Full-Time Employees |
1 |
Average Number of Part-Time Employees |
2 |
Space Needs (in square feet) |
150-800
|
Preferred Site Types |
Regional Mall
|
Encourages Conversions |
N/A |
Item 19 (Earnings Claim) Provided? |
No |
Listed in the SBA Registry? |
No |
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Franchisee Qualifications
Financial Net Worth |
4 |
General Business Experience |
1 |
Specific Industry Experience |
1 |
Formal Education |
1 |
Psychological Profile |
1 |
Personal Interviews |
2 |
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Terms of Contract
Term of Initial Contract |
7 |
Term of Renewal Period |
7 |
Passive Ownership? |
Allowed, but discouraged |
Area Development Agreements? |
Yes, for 0 years
|
Sub-Franchisor Contracts? |
Yes |
Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
Projected New Units Over Next 12 Months |
30 |
USA |
Yes, All United States |
Canada |
No |
Overseas |
No |
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