Gateway Newstands - Franchise
Gateway Newstands provides the individual franchisee with a turnkey operation in a location that he would not be able to secure on his own. Gateway has excellent relationship with potential landlords that the typical franchisee could not hope to achieve. In addition, the co-ordination of the construction of the leasehold improvements is also provided to the franchisee. This coordination is also a skill that the franchisee does not normally possess.
What Does a Gateway Newstands Franchise Cost?
To buy a franchise with Gateway Newstands, you'll need to have at least liquid capital of $50,000. They also offer a discount for veterans (10% Off License Fee). *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $50,000 What does Liquid Capital mean? |
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Options
Options available to franchisees:
Training: | Available |
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Veteran Discount: | 10% Off License Fee |
Franchisor Details
Facts about this franchise:
Total Units: | 500+ |
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Home Office: | Woodbridge, Ontario |
Year Founded: | 1983 |
The Gateway Connection
Who?
- Family owned & operated partnership based in Canada
- Professional head office personnel in all areas of category & district management, merchandising & operations
What?
- Prime retail locations including key transit systems, major office towers & high traffic shopping malls
When?
- Established in 1983
Where?
- Over 500 stores in North America
- Locations in 8 Canadian provinces with dominance in Ontario
- Exclusive newsstand retailer in North America’s third largest transit system – the TTC
- Over 150 US locations with concentration in New York & Chicago
How?
- 100% owner/franchise operation
- Strong head office support
- Mandated merchandising programs for all categories
- Consistently rated among North America’s Top 100 Franchises by Entrepreneur magazines
Franchise Systems
The Gateway franchise system has proven to be a successful business proposition establishing itself as the foremost newstand operation.
- Currently A Franchisor To Over 500 Gateway Newstands
- Leasing space for 75 square feet to 700 square feet in high traffic
- Easily accessed lobby locations in high rise office towers
- Transit locations and shopping centres in Canada and the USA.
- Gateway Is Essentially A Convenience Store
- Operating out of kiosks and in-line stores in large office buildings, shopping centres, and transit locations.
- Selling tobacco and related products, lottery tickets, confectionary, newspapers, magazines, pocket books, cards, gifts, hot & cold beverages, snack foods, food products and other related needs.
- The Major Strength Of This Franchise Relates Primarily To Its Traditional Merchandising
- Featuring nationally advertised, pre-packaged, everyday consumer needs sold to a captive population generally with an exclusive use clause for its merchandising for the full term of the lease and options thereof.
- Gateway Newstands Provides The Individual Franchisee With:
- A turnkey operation in an excellent location.
- Coordination of the construction of the leasehold improvements.
- Less Demanding Hours
- The working hours for a Gateway location in office towers and some transit locations are less demanding than most convenience store locations.
- Gateway Will Adapt The Design To Fit In With The Design Of The Building
- Finally, And Most Importantly, Gateway Is Not Vulnerable To Significant Operational Problems.
- Gateway is a simple turnkey franchise operation.
- Gateway has resisted the temptation to provide additional services to franchisees after start-up for additional royalties. Traditionally, the extra service areas have left franchisors vulnerable to operational problems leading to a significant impact on profits and returns.
- Our Owners Are Fully Knowledgeable And Experienced In Every Facet Of Their Trade
- They have also developed long-standing relationships with the leaders of the industry.
- Store Fit-Up & Construction Is Tendered & Given To The Lowest Qualified Bidder
- The Franchisees Operate By Way Of A Sublease Signed By The Landlord Principal
- This affords the franchisee with all the rights and obligations of the franchisors head lessee.
The future for Gateway is bright since the company is expanding at a faster rate than any competitors. The franchisee has a vested interest in promoting the store sales and customer satisfaction. This level of service is difficult to duplicate with corporate staff and therefore, the Gateway Store, will continue to be a pleasant shopping experience for our customers, and a successful addition to any new or existing office, retail or transit development.
Ideal Candidate
We are looking for a franchisee that sees the value in joining a proven system with strong real estate connections to help find good location options. The ideal owner will run and operate the business, although, we do have multi-unit operators in the system as well.
Sound like you? Interested? Fill out the form today!
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Availability
Gateway Newstands is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming
Interested parties should have at least $50,000 in liquid capital to invest.
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