STREET CORNER

STREET CORNER

Street Corner is a franchise system for operating convenience stores that sell prepackaged and prepared foods, beverages, non-food merchandise, sundries, and convenience store goods and services from fixed locations in high-traffic areas. The franchisor offers two formats: Express Stores, which are smaller and suited for enclosed malls and non-traditional venues, and Urban Markets, which are larger and located in strip shopping centers, gas stations, and other commercial areas. The target market includes individuals of all ages seeking quick access to everyday essentials, competing with supermarkets, drugstores, fast food outlets, and other convenience retailers.

28
Locations
$128K–$682K
Investment
Since 1995
Franchising
RetailWilmington, DEwww.streetcorner.comDisclaimer

Franchise Costs


Franchise Fee
$30,000
Item 5 of FDD
Initial Investment Range
$128,199 $682,199
Low: $128,199High: $682,199
Item 7 of FDD
Royalty Rate
5.00%
of gross sales
Brand Fund
1.00%
Item 6 of FDD
Fixed Monthly Fees
$800 – $800
Item 6 of FDD

5% royalty + 1% brand development fund + up to $800/mo technology fee

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How STREET CORNER Compares


Key Insights

  • One of the lowest investment costs in Convenience Stores (ranked #1 of 4)
  • Top 10 largest franchise system in Convenience Stores
  • One of the lowest SBA loan default rates in Convenience Stores
FranchiseInvestmentFeeRoyaltyLocations
STREET CORNER
Current
$128K – $682K$30K5.0%28
APLUS SUNOCO$240K – $727K$15K6.0%246
HOLIDAY STATIONSTORES$3.4M – $7.7M$25K3.5%83
CIRCLE K (STANDARD)$2.6M – $8.0M$25K3.5%54
Convenience Stores Average
4 franchises
$1.6M – $4.3M$24K4.5%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1CA
8
2NJ
5
3VA
2
4SD
2
5NY
2
6MN
1
7NC
1
8CT
1
9FL
1
10KS
1
11MD
1
12OH
1
13RI
1
14TX
1
15AZ
0

+3 more states

SBA Loan History


Historical SBA 7(a) loan data for STREET CORNER franchisees (20162023)

Total Loans
5
Average Loan
$300,180
Total Volume
$1.5M
Default Rate
20.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


36 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

36 Contacts Available

Unlock all STREET CORNER franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases1

Termination dispute with a former franchisee

Bankruptcy (Item 4)

Bankruptcy HistoryYes

Chief Operations Officer Adrian Aybar filed Chapter 7 on March 31, 2015, discharged July 7, 2015.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
5
Transfers
1
Sold to Franchisees
0
Projected New
3

Frequently Asked Questions


The total initial investment to open a STREET CORNER franchise ranges from $128,199 to $682,199. This includes a franchise fee of $30,000. Ongoing royalty fees are 5.0% of gross sales.

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