Street Corner vs NightOwl Convenience Store Franchise Comparison

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

Start-Up Costs and Fees
 
Street Corner Franchise
NightOwl Convenience Store Franchise
Investment $122,300 - $657,300$315,000 - $395,000
Franchise Fee $30,000N/A
Royalty Fee 5%-
Advertising Fee $899/year-
Year Founded 1988-
Year Franchised 1995-
Term Of Agreement 7-10 years-
Term Of Agreement 7-10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Street Corner Franchise
NightOwl Convenience Store Franchise
Experience --

Financing Options
 
Street Corner Franchise
NightOwl Convenience Store 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
NightOwl Convenience Store Franchise
Training -Your training never really stops. From the day you decide to become a NightOwl franchisee for as long as you are with us, we are always looking for opportunities to improve your training, your staff training and the efficient way your business operates. The NightOwl training system is comprehensive and will ensure you are well equipped to profi tably run your NightOwl franchise.
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 The NightOwl philosophy is one of complete support. You will be assisted in every aspect of your new career as a NightOwl Franchisee. From site selection, staff recruitment and training to landlord relations and store layouts and ranging, we are with you every day and every step of the way.
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)

-

Expansion Plans
 
Street Corner Franchise
NightOwl Convenience Store 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 NightOwl Convenience Store

NightOwl's Franchise division was established in 1987. This exciting and dynamic system operates in both Queensland and New South Wales and currently has 44 outlets. New sites are continuously available for energetic and enthusiastic people to share in our company's success. Become your own boss and discover the self satisfaction of operating your own business. Excellent opportunities exist in both inner-city and suburban locations for our very popular NightOwl Convenience store. Qualified retail managers, sales people, marketing, merchandising and promotions staff form the NightOwl Franchise Support Centre team with a combined total of over 100 years retailing experience to support the NightOwl Group of stores. Benefits to you When you become a NightOwl Franchisee, you will have access to: * NightOwl''s established name, trademark, brands, Corporate identity, and reputation * Our proven business formula (over 70 years of retail experience in the Group Office team) * A professionally designed & fully fitted store * Professional marketing, merchandising and advertising support * Increased buying power * Comprehensive franchisee training * Ongoing Employee training * Continuous Management support * Individual Business (Territory) Managers are appointed to all stores