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Updated RecentlyExpress Mart vs Street Corner Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Express Mart vs Street Corner including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $86,200 - $361,000 | $122,300 - $657,300 |
| Franchise Fee | $15,000 | $30,000 |
| Royalty Fee | 4% | 5% |
| Advertising Fee | - | $899/year |
| Year Founded | 1975 | 1988 |
| Year Franchised | 1990 | 1995 |
| Term Of Agreement | 10 years | 7-10 years |
| Term Of Agreement | 10 years | 7-10 years |
| Renewal Fee | - | $5K |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
Training & Support |
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| Training | Available at headquarters | - |
| Support | Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 | Co-op advertising, Ad slicks, Regional advertising | Ad slicks, National media, Regional advertising |
| Operations |
Absentee ownership of franchise is allowed. (33% of current franchisees are owner/operators) |
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 |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Express Mart
Express Mart, founded in 1975 by Frank Borer, has locations in strip malls and gas stations across the northeastern United States. The company is involved in co-branding partnerships with McDonald's, Wendy's, Domino's Pizza, Subway and Dunkin' Donuts, as well as local partnerships with Jreck Subs and Mark's Pizza.
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.