Street Corner

Convenience stores
FREE Franchise Guide!
Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$122K - $657K
Units as of 2022
40 Increase 11.1% over 3 years

Company Overview

After Peter LaColla and Daniel McCabe opened a restaurant called Street Corner Cuisine in a mall in Topeka, Kansas, they noticed there was no place to buy cigarettes, newspapers or aspirin in the shopping center. To meet the need, the partners opened Street Corner, a convenience store with the look of an old-fashioned newsstand, in 1988. The new store was popular with both mall customers and employees, and the partners decided to sell their restaurant and concentrate on franchising Street Corner. Street Corner locations sell snacks, beverages, newspapers, magazines and other items.

About Street Corner

Industry Retail
Related Categories Convenience Stores, Miscellaneous Retail Businesses
Founded 1988
Parent Company McColla Enterprises Ltd.
Leadership Peter La Colla, President
Corporate Address 2945 S.W. Wanamaker Dr.
Topeka, KS 66614
Social Facebook, Twitter

Business Overview

Franchising Since 1995 (29 years)
# of employees at HQ 10
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises worldwide.

# of Units 40 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Street Corner franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$30,000
Initial Investment Information Circle
$122,300 - $657,300
Net Worth Requirement Information Circle
$100,000
Cash Requirement Information Circle
$50,000 - $100,000
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
$899/yr.
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Street Corner has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 21 hours
Ongoing Support
Newsletter
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Ad Templates
Regional Advertising
Social Media
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 2
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Street Corner.

UPS Store, The

description
Postal, business, printing, and communications services

Wow 1 Day Painting

description
Residential and commercial painting

Row House

description
Indoor rowing classes

Ace Hardware

description
Hardware and home improvement stores

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Business News

Burger King's Owner Is Buying the Chain's Biggest Franchisee for $1 Billion

Restaurant Brands International announced the acquisition on Tuesday.

Franchise

5 Reasons to Consider Franchising When Changing Careers

Switching to a new career? Try investing in yourself and promoting yourself to boss.

Franchise

This One Menu Item Turned Arby's Into a Top Contender In the Fast Food Scene

The brand breaks into the Franchise 500 Top 10 on the strength of its game-changing Wagyu Burgers, reimagining the classic American meal and cementing its place as a culinary innovator in the fast food space.

Franchise

These Two Factors Are Leading the UPS Store's Rapid Expansion

The UPS Store holds steady at #4 on the Franchise 500 for the second straight year, by relying on two key intangibles.

Franchise

Culver's Is Punching Way Above Its Weight In the Fast Food World, Thanks to This Unique Growth Strategy

Despite being much smaller than its competitors, Culver's landed at #6 on this year's Franchise 500 by making deliberate decisions and a series of innovations.

Franchise

Jersey Mike's Grew From Hometown Hero to National Powerhouse By Adopting This Mindset

The brand, number two on the Franchise 500, is now poised to grow internationally by bringing its close-knit, neighborhood deli-feel to the world.

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022