Total investment:

$ 55,875

Franchise fee:

$ 15,000

Royality fee:

3.50%

Monthly marketing payment :

$ 0

Number of franchises

Return

Time period

Revenue:

$ 12 000*

* Calculator calculations are provisional, not guaranteed

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MAIN INFORMATION

Foundatoin year: 1983

Year of franchising: 1983

Company units:

Franchise units: 367

Total number of units:

Number of employees per unit: 1-2

Contract period: 60 month

FRANCHISE ONLINE

WEBSITE

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 Newstands 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.

On-The-Job Training: 1 – 2 weeks

Net-worth Requirement: $200,000
Liquid Cash Requirement: $75,000

Cherry Franchise Broker

Languages: gb flag

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