Gateway Cigar Store/Newstands

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.

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

Start-up Costs & Franchises Fees

How much does it cost to open a Gateway Cigar Store/Newstands Franchises?

Total Investment: $55,900-$362,800
Initial Franchise Fee: $15,000-$125,000
Royalty Fee: 3.5%
Advertising Fee:
Term of Agreement: 5
Renewal Fee: Varies

How to contact Gateway Cigar Store/Newstands

Franchise History

When did the first Gateway Cigar Store/Newstands open? 1983
When did Gateway Cigar Store/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

Financing Options

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

Training & Support

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

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 Experience

Business Experience:

General business experience

Related Franchise Categories

• NewsStands & Cigars Franchise Opportunities
• Franchises $50K to $100K

Printed From:
http://www.thefranchisemall.com/franchises/details/10241-1-Gateway_Cigar_Store_Newstands.htm

This Franchise Opportunity has been viewed 5025 times.

Read Gateway Cigar Store/Newstands Reviews

Legal Disclaimer: This information is not a franchise offering for Gateway Cigar Store/Newstands and should not be construed as such. TheFranchiseMall.com 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 Cigar Store/Newstands franchise opportunity, review that franchise's Uniform Franchise Offering Circular (UFOC) with an attorney and accountant.