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Street Corner

Yes, we actively support the inclusion and development of minority-owned franchises in the Street Corner system.

Street Corner
2945 SW Wanamaker Dr.
Topeka, KS 66614
800#: (800) 789-NEWS
Tel: (785) 272-8529 + 103
Fax: (785) 272-2384
E-mail: kirk@streetcornernews.com
Web Site: www.streetcornernews.com
Contact: Mr. Kirk Braun, Director of Marketing/PR


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

Established: 1988
First Franchise: 1995
Franchise Units: 54
Company-Owned Units: 0
Total Units: 54

Distribution:
> North America -- Operations in 27 States
> States/Provinces with Greatest Density: 8 in NJ, 4 in TN, 4 in NY

Units Owned by Minorities:
>African-American:
>Hispanic: 1
>Asian-American: 15
>Native American: 0
>Other: 20

Average Number of Employees: 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 150-800 SF; RM (for abbreviations click here)


Financial Requirements

Cash Investment: $45K
Total Investment: $140-185K
Average Total Investment: $162K
Minimum Net Worth: $150K

Fees
>Franchise: $19.9K
>Average Franchise Fee: $19K
>Royalty: 4.5%
>Advertising: 0%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 7/7
Passive Ownership: Allowed
Area Development Agreements:Yes
Sub-Franchising Contracts: Yes
Expand In Territory:Yes


Franchisor Support and Training Provided

Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 8
On-Going Support: A,C,D,E,F,G,h,I (for an explanation click here)
Training: At least 40 Hours On-Site.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.


Franchisor's Specific Expansion Plans

U.S.: All United States


Note: NR = No Response by Franchisor.
For a sample questionnaire click here.

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