Gateway Newstands Franchise

Tobacco store and newsstand


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 has grown to more than 300 stores in North America, including locations in Toronto, New York and Chicago.

Gateway 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 stores 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 Newsstand 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 Newstands is an integral part of any prime commercial retail project. No other retail service tenant satisfies as a wide a spectrum of consumers' service and convenience requirements.

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Please Note: The operators of Gateway Newstands, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Gateway Newstands website.

How much does it cost to open a Gateway Newstands Franchise?

The investment required to open a Gateway Newstands Franchise is between $55,875-$501,800. There is an initial franchise fee of $15,000-$150,000 which grants you the license to run a business under the Gateway Newstands name.

Individual Unit Costs

  • Initial Investment:
    $55,875-$501,800
  • Initial Franchise Fee:
    $15,000-$150,000
  • Royalty Fee:
    3.5%
  • Advertising Fee:
    N/A
  • Term of Agreement:
    5
  • Renewal Fee:
    Varies


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Gateway Newstands News & Press Releases

When did the first Gateway Newstands open? 1983
When did Gateway Newstands start Franchising? 1983

Year U.S.A. Canada International Corporate
2005 140 236 0 0
2004 140 236 0 0
2003 135 231 0 0
2002 109 222 0 0
2001 99 220 0 0
Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Support
Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

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

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

Business Experience:

  • General business experience

  • Your income potential as a Gateway Newstands Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

    Gateway Newstands Franchise Opportunity viewed 17162 times by investors.

    Legal Disclaimer: This information is not a franchise offering for Gateway Newstands and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Gateway Newstands franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

    Gateway Newstands

    Gateway Newstands

    Gateway Newstands
    240 Chrislea Road
    Woodbridge, ON
    L4L 8V1

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