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Updated RecentlyGateway Newstands vs International News Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gateway Newstands vs International News including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $55,875 - $501,750 | $120,000 - And Up |
| Franchise Fee | $15,000 - $150,000 | N/A |
| Royalty Fee | 3.5% | Flat rate of $500-$600 per month. |
| Advertising Fee | - | - |
| Year Founded | 1983 | 1994 |
| Year Franchised | 1983 | 0 |
| Term Of Agreement | 5 | - |
| Term Of Agreement | 5 | - |
| Renewal Fee | Varies | - |
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/No | -/- |
| Start-up Costs | Yes/Yes | -/- |
| Equipment | Yes/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | On-The-Job Training: Up to 40 hours | - |
| Support | Purchasing Co-ops Newsletter Toll-Free Line Grand Opening Security/Safety Procedures Field Operations | - |
| Marketing | Social media Website development | - |
| Operations |
Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | - |
| International Expansion | No | - |
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.
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#14 in Canada's Top franchises.
About International News
INS Market / International News
International News will provide its entrepreneurial partners with an opportunity to become part of an interactive franchisee community and will actively encourage feedback, which contributes to our mutual success.
We will accept only those who are committed to the goals and direction of the group. We will ensure that providing norms and standards that set us apart from the industry protects our affiliates’ investments.