Gateway Cigar Store/Newstands

Tobacco store and newsstand

Year began: 1983    Franchising since: 1983
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.

240 Chrislea Rd.
Woodbridge, ON L4L 8V1
Canada

Phone: (800)942-5351/(905)851-9652
Fax: (905)851-7246

Franchisor is a privately-held company with 20 employee(s); 4 employee(s) in franchise department.


Franchise Growth

Year

2007
2006
2005
2004
U.S. Franchises
147
145
157
140
Canadian Franchises
231
229
246
236

Foreign Franchises
0
0
0
0
Company
Owned

0
0
0
0

Costs & Fees

Total investment: $55.9K-362.8K
Express/kiosk option available
Franchise fee: $15K-125K
Ongoing royalty fee: 3.5%
Term of agreement: 5, 7 or 10 years, renewable
Renewal fee: Varies
Type of Financing Available
In-HouseThird Party
Franchise FeeNoNo
Startup CostsNoNo
EquipmentNoYes
InventoryNoNo
Accounts ReceivableNoNo
PayrollNoNo

Training & Support

TRAINING

ONGOING SUPPORT

MARKETING SUPPORT

Rankings in Entrepreneur magazine 2004-2008

Franchise 500® rank:
#285 (2008); #168 (2007); #127 (2006); #107 (2005); #96 (2004);

Ranked #1 in category in:
2007; 2005; 2004;

America's Top Global Franchises:
#196 (2007); #95 (2006); #71 (2004);