How much does a Street Corner franchise owner make?

Street Corner franchise earnings and revenue can vary significantly from one franchisee to another.
The Street Corner franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Street Corner unfortunately does not disclose financials on how much Street Corner franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Street Corner does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Street Corner franchisees. Do note that Street Corner is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Street Corner franchisees to understand how much money they are making from their Street Corner business.

You should also speak to former Street Corner franchisees to understand why they left the system. Did they sell their Street Corner at a profit? Were they forced to close their Street Corner franchise down because it kept losing money?

What is the Street Corner franchise fee?

Owning a Street Corner franchise requires 5% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Street Corner Franchise Disclosure Document

Keep in mind, there is also an initial Street Corner franchise fee of $30,000 that is included in the initial investment amount of $122,300 to $545,800. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Street Corner franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Street Corner franchise fee of $30,000.

Visit the Street Corner metrics tab to explore the financials for this business, royalty and marketing fees compare to other Retail Products and Services franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Street Corner founded?

Street Corner started offering franchises in 1995. Street Corner was founded 32 years ago in 1990.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Street Corner locations are in the U.S.?

As of 2021, there were 32 locations across the U.S. There are also 0 corporate locations. Most Retail Products and Services franchises like Street Corner have more franchised locations than corporate locations.

How many Street Corner franchises opened over the past few years?

Over the prior 3 years we have data for, Street Corner has opened 11 outlets throughout the U.S. Visit the Street Corner metrics tab to explore how the openings compare to other Retail Products and Services franchises.

How many Street Corner franchises closed over the past few years?

Over the prior 3 years we have data for, Street Corner has closed 18 outlets throughout the U.S

Visit the Street Corner metrics tab to explore how the openings compare to other Retail Products and Services franchises.

Is Street Corner growing? Are they opening more locations than they are closing?

The net unit growth rate for Street Corner over the past 3 years is -20%. Over the last year we have data for, Street Corner had a net unit growth rate of -9%.

Without a comparison, this number doesn’t mean much. Compare how the Street Corner growth rate compares to 2,000+ other franchises and Industry franchises like Street Corner. More info in the Street Corner metrics tab.

Is Street Corner franchise eligible for an SBA Loan?

Street Corner is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Street Corner franchise was assigned the SBA Franchise ID of S2898 on 04/10/2018. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Street Corner that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Street Corner a franchise in the United States?

According to the SBA, Street Corner meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Street Corner provides you with an FDD if you are in discussion to buy a Street Corner.

What is the Street Corner Franchise for Sale Rate?

The Street Corner systemwide health and franchisee satisfaction can be measured by the Street Cornerfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Street Corner franchise for sale rate over the past 3 years is 34%. Over the last year we have data for, Street Corner had a franchise for sale rate of 3%.

Without a comparison, this number doesn’t mean much. Compare how the Street Corner franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Street Corner. More info in the Street Corner metrics tab.

What is the Street Corner Franchise Failure Rate?

Street Corner franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Street Corner failure rate over the past 3 years is 56%. Over the last year we have data for, Street Corner had a franchise failure rate of 22%.

Without a comparison, this number doesn’t mean much. Compare how the Street Corner franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Street Corner. More info in the Street Corner metrics tab.

How can I find out more details on Street Corner franchise?

Visit the Street Corner metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!