Street Corner
Formerly known as McColla Enterprises
Bottom line
- Total investment $128K – $702K including a $30K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
- System contracting at -22.6% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Street Corner unit return on the cash you put in?
Unlevered ROIC · per unit
15%
Below typical band (30–60%)
Overview
About
Street Corner franchisees operate corner retail locations selling convenience items, snacks, or similar street-level consumer goods. Day-to-day operations typically involve inventory management, point-of-sale transactions, customer service, and local marketing within their protected territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 13 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Street Corner presents caution-to-high-risk profile: shrinking franchise base (-14.3% YoY), regulatory penalties, going concern issues, and zero financial transparency make this a difficult investment to validate.
Score breakdown · what drove the 64 / 100 rating
- 01MEDUnit count declined 14.3% YoY (24 units), indicating contracting system and potential franchisee struggles
- 02MEDNo Item 19 financial disclosure (Avg Revenue and Net Income not disclosed) prevents ROI validation and profitability assessment
- 03HIGHTwo litigation events within 5 years including 2022 California regulatory action for unregistered sales and consent order, suggesting compliance issues
- 04HIGHGoing Concern status is False, indicating auditor concerns about company's ability to continue operations
- 05MINORWide investment range ($128K-$702K) with no average revenue disclosure makes unit economics opaque and risk assessment impossible
- 06MINOR5% royalty on weekly gross sales creates ongoing cash drain without visibility into actual franchisee net profitability
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
29 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Street Corner · FDD (2026) PDF