Street Corner vs Kangaroo Express Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Street Corner vs Kangaroo Express including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$122,300 - $657,300 | $133,390 - $1,912,000 |
Franchise Fee |
$30,000 | $20,000 - $50,000 |
Royalty Fee |
5% | - |
Advertising Fee |
$899/year | - |
Year Founded |
1988 | 1995 |
Year Franchised |
1995 | 1997 |
Term Of Agreement |
7-10 years | - |
Term Of Agreement |
7-10 years | - |
Renewal Fee |
$5K | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-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 |
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 |
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 Kangaroo Express
Kangaroo Express offers business operators and entrepreneurs the opportunity to work with a
franchisor who not only helps grow new ventures, but offers the
flexibility to tailor individual stores to the customers they serve.
Whether establishing new locations or converting existing properties, we
provide benefits to every type of franchisee.
The total investment necessary to begin operations of a Kangaroo Express
convenience store franchise is from $616,500 to $1,912,000 for a newly
constructed Kangaroo Express Store and $191,500 to $995,000 if you are
converting an existing convenience store to a Kangaroo Express Store.
This includes $5,000 to $12,500 that must be paid to the franchisor or
their affiliates whether you open a newly constructed Kangaroo Express
Store or convert an existing convenience store to a Kangaroo Express
Store. If you purchase an existing company-operated Kangaroo Express
Store from the franchisor, the amount you will pay to the franchisor is
difficult to estimate based on real estate costs as well as the
ancillary businesses usually associated with a convenience store and
varies depending on the purchase price the franchisor negotiates.
The total investment necessary to begin operations of a newly
constructed or rebuilt Motor Fuel Business is from $553,390 to
$1,852,390. The total investment decreases to $133,390 to $1,337,390 if
you are converting an existing forecourt to a Motor Fuel Business. This
includes $20,000 to $50,000 that must be paid to the franchisor or their
affiliates. The total investment noted in this paragraph for a Motor
Fuel Business is in addition to the total investment necessary to begin
operations of the Kangaroo Express convenience store franchise.