Gateway Newstands vs Shefield & Sons Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Gateway Newstands vs Shefield & Sons including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Gateway Newstands Franchise
Shefield & Sons Franchise
Investment $55,875 - $501,750$110,000 - $200,000
Franchise Fee $15,000 - $150,000$10,000
Royalty Fee 3.5%2%-8%
Advertising Fee --
Year Founded 19831976
Year Franchised 19831976
Term Of Agreement 55 years
Term Of Agreement 55 years
Renewal Fee Varies$5K


Business Experience Requirements
 
Gateway Newstands Franchise
Shefield & Sons Franchise
Experience
  • General business experience

  • General business experience
    		•

    Financing Options
     
    Gateway Newstands Franchise
    Shefield & Sons Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs Yes/YesNo/No
    Equipment Yes/YesNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Gateway Newstands Franchise
    Shefield & Sons Franchise
    Training On-The-Job Training: Up to 40 hours -
    Support Purchasing Co-ops Newsletter Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Social media Website development Co-op advertising, Ad slicks, National media
    Operations

    Number of employees needed to run franchised unit: 1 - 2

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    		 2% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Gateway Newstands Franchise
    Shefield & Sons Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion NoYes

    Company Overviews

    About Gateway Newstands

    Gateway Newsstands was founded in 1983 by Michael Aychental and David Goldman, who started franchising the concept the same year. A family-owned and -operated partnership based in Canada, Gateway Newsstands has grown to more than 300 stores in North America, including locations in Toronto, New York and Chicago. Gateway Newsstands emphasizes a hands-on business approach, putting a franchise owner in each of its locations. Franchisees work from kiosks or stores in large office buildings, selling snacks, drinks, candy, cards, tobacco, reading material, lottery tickets and other impulse buys. Open from 7:30 a.m. to 6:00 p.m., Gateway Newsstands have less demanding working hours than most convenience stores. The Service Store Concept developed as a direct result of the company's analysis of traffic count studies and its identification and emphasis on the daily needs of a diverse variety of shoppers. The merchandise mix is formulated specifically to cater to the everyday needs and impulse sales of today's busy consumers. The ongoing refinement of the company's merchandise mix is an important part of the company's business service ethic. Gateway Newsstands have created an important retail marketing niche. The simultaneous presentation of snacks, beverages, candy, cards, tobacco, reading material and lottery tickets capitalizes on the customer traffic generated by each entity, creating impulse sales in areas other than represented by the customers original shopping purpose. Gateway Newsstands is an integral part of any prime commercial retail project. No other retail service tenant satisfies as wide a spectrum of consumers' service and convenience requirements.

    "Top
    #14 in Canada's Top franchises.

    About Shefield & Sons

    In business across Canada since 1976 , one of Canada’s pre-eminent franchisors, focused on building specialized franchised locations in regional centres. Shefield & Sons, a specialty tobacco shop in Prince George, British Columbia. The company began franchising soon after its founding and quickly spread throughout western Canada. Shefiled & Sons locations sell cigars, cigarettes and other tobacco products. Each also carries magazines, newspapers and gifts.

    Shefield & Sons is part of the Shefield Gourmet Group, which also includes The Gourmet Cup and Shefield Gourmet.