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 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.

#14 in Canada's Top franchises.

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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-$501,750. 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-$501,750
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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News and Press Releases

Tim Hortons, Gateway Newstands and Cacao 70 Join Tenant List at Edmonton Tower in Ice District
Edmonton Tower tenants and visitors can now enjoy more exciting amenities as Tim Hortons, Gateway Newstands and Cacao 70 have joined the growing list of ICE District occupants in the 27 storey tower.This week, ICE District Joint Venture formally welcomed both Tim Hortons and Gateway Newstands to cel...

Gateway Cigar Store/ Newstands Ranks #121 On Franchise 500 List
The largest newsstand operator in Canada. Franchise Ranking History Franchise 500: #121 (2014), #97 (2013), #180 (2012), #163 (2011), #111 (2010), America's Top Global: #102 (2013), #144 (2012), #129 (2011), #91 (2010)...

Gateway Newstands News & Press Releases

Gateway Newstands Franchise Growth History

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

Gateway Newstands Franchise Expansion Plans

United States: Nationwide

Canada: Nationwide

Financing Options

Expense	In-House	Third Party
Franchise Fee	No	No
Startup Costs	Yes	Yes
Equipment	Yes	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Training & Support

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

Business Operations

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

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

Qualifications & Business Experiences

Business Experience:

General business experience

How much does a Gateway Newstands Franchise owner make?

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.

Listing Tags

Gateway Cigar Store/Newstands, Newsstand, tobacco products

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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.