Street Corner Franchise FDD, Profits & Costs (2025)
Street Corner began in 1988 in Topeka, Kansas. It was founded by Peter La Colla and Daniel J. McCabe. The business started as a mall newsstand selling newspapers, magazines, and snacks. By 1994, it switched to a franchise model and expanded nationwide.
The company offers three store formats today. Urban Market locations are in busy, high-density areas. They sell fresh groceries and made-to-order meals. Fuel Station stores combine gas with snacks and fresh food. They also feature tech like “Order at the Pump.”
Express stores are found in malls and office buildings. They focus on fast, grab-and-go items. Street Corner stands out with its mix of convenience, fresh food, and modern tech. Self-checkouts and online ordering enhance the customer experience.
Initial Investment
How much does it cost to start a Street Corner franchise? It costs on average between $128,000 – $682,000 to start a Street Corner franchised facility.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount varies depending on factors such as the type of Street Corner store format chosen (Urban Market, Fuel Station, or Express), the location, and whether the franchisee decides to lease or purchase the property. Street Corner offers 2 types of franchises:
Franchise | Initial Investment |
---|---|
Urban Market | $287,399 – $682,199 |
Express | $128,199 – $575,699 |
We are summarizing below the main costs associated with opening a Street Corner – Urban Markets franchise. For more information on costs required to start a Street Corner franchise, refer to the Franchise Disclosure Document (Item 7).
Type of Expenditure | Amount |
---|---|
Initial Franchise Fee | $30,000 |
Construction and Leasehold Improvements | $50,000 – $163,000 |
Design Fee | $10,000 |
Food Service Fee | $0 to $10,000 |
Prepaid Marketing | $899 |
Furniture, Fixtures and Equipment | $25,000 – $170,900 |
Signs | $3,000 – $9,000 |
Computer, Software and Point of Sales System | $3,500 – $20,000 |
Initial Inventory | $100,000 – $150,000 |
Prepaid Rent and Lease Deposits | $15,000 – $27,500 |
Utility Deposits | $700 – $1,200 |
Insurance Deposits | $800 – $1,200 |
Travel for Initial Training | $5,000 – $10,000 |
Grand Opening Marketing Expense | $4,000 |
Professional Fees | $5,500 – $7,500 |
Business Licenses and Permits | $3,000 – $5,000 |
Printing, Stationary and Office Supplies | $1,000 – $2,000 |
Additional Funds – Initial period of Three Months | $30,000 – $60,000 |
TOTAL | $287,399 – $682,199 |
Average Revenue (AUV)
How much revenue can you make with a Street Corner franchise? A Street Corner franchised location makes on average $450,000 in revenue (AUV) per year.
This compares to $880,000 yearly revenue for similar convenience store franchises. Below are a few Street Corner competitors as a comparison:
Street Corner Franchise Disclosure Document
Frequently Asked Questions
How many Street Corner locations are there?
As of the latest data, Street Corner operates a total of 28 units, all of which are franchised. There are no company-owned locations at this time.
What is the total investment required to open a Street Corner franchise?
The total investment required to open a Street Corner franchise ranges from $128,000 to $682,000.
What are the ongoing fees for a Street Corner franchise?
Street Corner franchisees are required to pay an ongoing royalty fee ranging from 3% to 4.95% of their gross sales. Notably, there are no mandated marketing or advertising fees, allowing franchisees the flexibility to manage their local marketing efforts independently.
What are the financial requirements to become a Street Corner franchisee?
To qualify as a Street Corner franchisee, candidates are typically required to have a minimum net worth ranging from $100,000 to $400,000 and liquid capital between $30,000 and $50,000. These financial prerequisites ensure that potential franchisees possess the necessary resources to support the startup and ongoing operations of a Street Corner franchise.
How much can a Street Corner franchise owner expect to earn?
The average gross sales for a Street Corner franchise are approximately $0.45 million per location. Assuming a 15% operating profit margin, $0.45 million yearly revenue can result in $68,000 EBITDA annually.
Who owns Street Corner?
Street Corner franchise is owned by McColla Enterprises Ltd., with Peter La Colla serving as its President.
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