Street Corner vs Tedeschi Food Shops Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Street Corner vs Tedeschi Food Shops including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Street Corner Franchise
Tedeschi Food Shops Franchise
Investment $122,300 - $657,300$45,000 - $137,000
Franchise Fee $30,000N/A
Royalty Fee 5%-
Advertising Fee $899/year-
Year Founded 19881962
Year Franchised 19951972
Term Of Agreement 7-10 years-
Term Of Agreement 7-10 years-
Renewal Fee $5K-


Business Experience Requirements

 
Street Corner Franchise
Tedeschi Food Shops Franchise
Experience -* Customer centric, outgoing and committed to providing the best customer service experience * Participates in the day-to-day operation of the store * Cultivates an understanding and a drive for local community Involvement * Has prior food service management or retail experience * Demonstrates the ability to build a high performing team and organization * Able to manage multiple task simultaneously and adapt to market and company change * Prove permanent residency in the United States * Has excellent credit * Must be able to provide exceptional customer service * Understands & respects the relationship between franchisee & franchisor

Financing Options

 
Street Corner Franchise
Tedeschi Food Shops Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Street Corner Franchise
Tedeschi Food Shops Franchise
Training --
Support At the Street Corner corporate offices, the staff provides rigorous training and support programs and assists franchisees with every aspect of store merchandising and operation. Programs include assistance with site selection, lease negotiation, and initial training and continuous guidance in promotion, purchasing, bookkeeping, inventory control, stocking and display. Assistance in site identification & store design Initial training in operations, merchandising and customer service Ongoing operational and promotional support and consultation Ongoing development of new procedures, products and sourcing Systemwide communications -
Marketing Ad slicks, National media, Regional advertising-
Operations 20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

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Expansion Plans

 
Street Corner Franchise
Tedeschi Food Shops Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Street Corner

McColla Enterprises is currently seeking qualified franchisees to create and operate their own Street Corner stores, taking advantage of one of today's fastest growing retailing opportunities. Advantages include: High-traffic locations Low labor requirements Captive customer base Year-round sales continuity Popular consumer products and brands Customizable selection Flexible store design Lively, eye-catching graphics Timely sales reporting About Street Corner The Street Corner concept fills a real need -- for shoppers ,mall employees, office employees, etc. Street Corner offers them a place to buy those items that can't be found anywhere else in their venue. As well as a welcome spot to just take a break ... from the shopping or the job. The Street Corner store is where people can pop in for a soft drink or bag of chips, get a pack of cigarettes or buy a needed drug store item. And maybe find a novelty gift item for the kids. Our franchisees find that the high traffic location and open store design attract mall shoppers who just need some directions to a certain store ... and who often buy something while they're there. Some stores even have a news channel running continuously to a TV set to attract passers-by. Street Corner convenience stores are available for malls and most populated high traffic areas. We are currently seeking qualified investors to create and operate Street Corner In-line and Kiosk stores to fill the nationwide demand.

The initial investment necessary to begin operation of a Street Corner Franchised Business under a franchise agreement ranges from $122,300 to $545,100 for an Express and from $286,000 to $657,300 for an Urban Market. This includes $38,399 to $46,899 that must be paid to the franchisor or its affiliates.

About Tedeschi Food Shops

7-ElevenĀ® Completes Acquisition of Approximately 180 Tedeschi Food Shops

We are a turnkey franchise convenience food store company operating in urban and suburban locations offering fast and friendly service. Our stores offer groceries, beverages, general merchandise, dairy products, cigarettes and lottery. Deli and Gasoline available in some locations.