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Street Corner
Street Corner stores are about “Sips, Snax & Stuff,” according to the company’s slogan. In other words, customers can drop by a Street Corner mini convenience store for items such as soda, coffee, newspapers, snacks, cigarettes, over-the-counter remedies, souvenirs, office and desk supplies, and lottery tickets. Copy and fax services are also available. The stores are designed for shopping malls, office buildings, hotels, airports, train stations, and other locations. Franchisees receive training in operations, merchandising, and customer service. In addition, the company provides startup and ongoing support, including assistance with site selection, lease negotiation, promotion, purchasing, bookkeeping, inventory control, stocking, and display.
Fast Facts
| Year established | 1988 |
| Franchising since | 1995 |
| Can be run from home? | No |
| Number of employees needed | 2 - 3 |
| Item 19 Financial Performance Representation? | No |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| % of franchisees who own multiple units | 15% |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 47 | 0 | 0 |
| 2010 | 48 | 0 | 0 |
| 2009 | 49 | 0 | 0 |
Expanding in These Locations
| Total Investment | $155,000 - $195,000 |
| Franchise Fee | $19,900 |
| Royalty Fee | 4.5% |
| Net Worth | $100,000 |
| Liquid Capital | $20,000 - $30,000 |
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | No |
