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Street Corner

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Street Corner
2945 SW Wanamaker Dr.
Topeka, KS 66614
800#: (800) 789-NEWS
Tel: (785) 272-8529 + 103
Fax: (785) 272-2384
E-Mail: [email protected]
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, magazines 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: 35
Company-Owned Units:
Total Units: 35

Distribution:
U.S. -- 35; Canada -- 0; International -- 0
�North America -- Operations in 16 States
�States/Provinces with Greatest Density: 4 in NJ, 4 in TN, 3 in NY

Projected New Units Over Next 12 months:15
Franchisee Qualifications:4, 1, 1, 1, 1, 2
(Click here for an explanation)

Registered in Following Registration States: All States
Average Number of Employees: 1 FT, 32PT (FT = Full Time, PT = Part Time)
Space Needs: 150-800 SF; RM (Click here for abbreviations)
Encourage Conversion: N/A


Financial Requirements

Cash Investment: $39K
Total Investment: $100-120K
Average Total Investment: $110.0K
Minimum Net Worth: $150K

Fees
�Franchise: $19.9K;
�Average Franchise Fee: $19.9K
�Royalty: 4.5%
�Average 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
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
Franchisee Association / Member: No
Size Of Corporate Staff: 5
On-Going Support: A,C,D,E,F,G,h,I (Click here for an explanation)
Training: At least 40 Hours On-Site.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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