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Street Corner
2945 SW Wanamaker Dr.
Topeka, KS 66614


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Business Description

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:

54

100%
Company-Owned Units:00%
 
Total Operating Units:
54
100.0%
 
Geographic Distribution:
U.S.:54100%In 27 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
54
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. New Jersey8
2. New York4
3. Tennessee4

Registered in 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

Financial Requirements

Investment:
Minimum Net Worth: $150K
Cash Investment:$19.9K
Total Investment:$140-190K
Average Total Investment:$165K
 
Fees:
Initial Franchise Fee:$19.9K
Average Franchise Fee:$19K
On-Going Royalty:4.5%
Average Royalty:4%
Advertising Fee:0%
 
Average Number of Employees: 1 Full-time, 2 Part-time

Space Needs (in square footage): 150-800

Preferred Sites: Regional Mall

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:1
Specific Industry Experience:1
Formal Education:1
Psychological Profile:1
Personal Interview(s):2
 
Terms of Contract
 
Term of Initial Contract:7 Year(s)
Term of Renewal Period:7 Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 0 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member: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
Marketing Materials:None Specified
Additional Services:Grand Opening, In-house Marketing, Newsletter
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Included in Fees
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 
Training:
1. On-SiteAt least 40 Hours
 
Expansion Plans
 
Projected New Units Over Next 12 months: 30

U.S.:

Yes, All United States
Canada:No
Overseas:No
Submit an online form to receive information from Street Corner.
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