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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.
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Franchise Costs
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
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STREET CORNER Franchise Analysis
Street Corner carved its niche in high-traffic convenience retail with dual formats—compact Express stores for malls and larger Urban Markets for strips and stations—since franchising in 1995. Yet, a bankruptcy in its past, sparse locations, and FDD Item 19's silence on earnings paint a picture of caution amid competition from giants. What do the SBA loan defaults and contraction trends reveal about risking your capital here?
Item 7 lays out a wide initial investment of $128,199 to $595,699, covering buildout for either format, inventory, and equipment, with a $30,000 franchise fee upfront. Ongoing fees hit 5% royalty plus 1% brand fund and up to $800 monthly tech charge, squeezing margins in a low-barrier industry. No Item 19 means no validated sales or profit figures, forcing buyers to guess viability—especially with only 24 U.S. locations, down 25% from 4 to 3 units between 2024 and 2025, despite 5 projected openings.
System health raises flags: one termination and one non-renewal recently, a 2017 litigation over termination, and a bankruptcy history. SBA data shows 5 loans averaging $300,180 but a 20% default rate, signaling financing hurdles and higher risk. For buyers eyeing quick-grab essentials in busy spots, Street Corner's scale and stability lag peers—probe FDD Items 20/21 for closure details and validate growth projections before committing.
Analysis based on the 2026 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
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
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
STREET CORNER Current | $128K – $596K | $30K | 5.0% | 24 |
| APLUS SUNOCO | $240K – $727K | $15K | 6.0% | 246 |
| HOLIDAY STATIONSTORES | $3.4M – $7.7M | $25K | 3.5% | 83 |
| CIRCLE K (STANDARD) | $2.6M – $8.0M | $25K | 3.5% | 54 |
Convenience Stores Average 4 franchises | $1.6M – $4.3M | $24K | 4.5% | – |
* 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 (2025)
Outlets by state across the United States
+2 more states
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SBA Loan History
Historical SBA 7(a) loan data for STREET CORNER franchisees (2016 – 2023)
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.
5 SBA loans on record
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Franchisee Contacts
24 franchisee contacts on file from official FDD filings.
24 Contacts Available
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Due Diligence
Litigation (Item 3)
Termination dispute with former franchisee in 2017
Bankruptcy (Item 4)
Chief Executive Officer Vikram Dhillon filed Chapter 7 on August 28, 2024, discharged December 10, 2024
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Frequently Asked Questions
The total initial investment to open a STREET CORNER franchise ranges from $128,199 to $595,699. This includes a franchise fee of $30,000. Ongoing royalty fees are 5.0% of gross sales.
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