Gateway Newstands vs Tinder Box International Franchise Comparison

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

Start-Up Costs and Fees

 
Gateway Newstands Franchise
Tinder Box International Franchise
Investment $55,875 - $501,750$118,675 - $857,300
Franchise Fee $15,000 - $150,000$30,000
Royalty Fee 3.5%4-5%
Advertising Fee --
Year Founded 19831928
Year Franchised 19831965
Term Of Agreement 5-
Term Of Agreement 5-
Renewal Fee Varies-


Business Experience Requirements

 
Gateway Newstands Franchise
Tinder Box International Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Gateway Newstands Franchise
    Tinder Box International Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs Yes/YesNo/Yes
    Equipment Yes/YesNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Gateway Newstands Franchise
    Tinder Box International 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 -
    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

     
    Gateway Newstands Franchise
    Tinder Box International 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 Tinder Box International

    Tinder Box International has more than 120 locations throughout the United States and Canada. It is based in Bala Cynwyd, Pennsylvania.