Street Corner vs Family Fare Franchise Comparison

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

Start-Up Costs and Fees
 
Street Corner Franchise
Family Fare Franchise
Investment $122,300 - $657,300$31,800 - $201,700
Franchise Fee $30,000$19,900
Royalty Fee 5%-
Advertising Fee $899/year-
Year Founded 19881936
Year Franchised 19952013
Term Of Agreement 7-10 years-
Term Of Agreement 7-10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Street Corner Franchise
Family Fare Franchise
Experience --

Financing Options
 
Street Corner Franchise
Family Fare 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
Family Fare 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)

-

Expansion Plans
 
Street Corner Franchise
Family Fare Franchise
US Expansion -Yes
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 Family Fare

Family Fare is the leading convenience store franchise-retailer in North Carolina. We rely on the entrepreneurship and energy of our Franchisees to operate Family Fare stores. As a 100% Franchised organization, the assistance and support we provide is completely dedicated to making our franchisees a success.  You will not compete for CORPORATE-FRANCHISOR SUPPORT with a company-operated network of stores. Our support will help you be in business for yourself without you being by yourself!  Our retail consulting leadership team has over 200 years of combined experience to help you live our mission, vision, motto, and tag line all rolled in to one: Family Fare…Helping You Get There!   

If you enjoy working hard in a fast-paced retail environment, let us show you how Family Fare can Help You Get There!  Started with a spirit of entrepreneurship by the same family that continues to lead the franchise today, Family Fare is positioned to share with our Franchisees the expertise we've built over more than 80 years in the retail business.  This extended track record provides Family Fare a special ability to serve our franchisees. 

Franchisees will receive extensive training in customer service, merchandising, vendor relations, marketing, operations, and administration. Our training has been compared to entry-level business college courses. Instructors have combined over 200 years of experience in retail. Come see our state of the art MBA style classroom and experience the Family Fare difference! 

Our Franchisees want the freedom and independence to run their own business with the extensive help, support and loyalty of a franchisor that cares about your long-term success. Most of our Franchisees have retail experience leading teams of people. It is helpful to have management experience in a retail setting, but not necessarily in the convenience store industry. Enjoying working with the public, and working hard, in a fast paced retail environment is critical to your success as a Family Fare Franchisee. 

Veterans discount of 20% off the initial franchise fee.