Gateway Newstands
- Tobmar Investments International, Inc.
240 Chrislea Rd.
Woodbridge, ON L4L 8V1
CANADA
-
(800) 942-5351
/
(905) 851-9652
- (905) 851-7246 (Fax)
Gateway Newstands' business is to serve the daily merchandise needs of premier commercial, retail, and transit developments. The merchandise mix is formulated specifically to cater to the everyday needs and impulse sales of today’s busy consumers.
Franchisor Background
Year Established: 1989
Franchising Since: 1991
Operating Units
| Franchised Units |
121 |
100.0% |
| Company-Owned Units |
0 |
0.0% |
| Total Operating Units |
121 |
100% |
Geographic Distribution
| USA |
121 |
100.0% |
In 16 States
|
| Canada |
0 |
0.0% |
In 0 Provinces
|
| International |
0 |
0.0% |
In 0 Foreign Countries
|
| Total |
121 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| Illinois |
40 |
| New York |
29 |
| Texas |
11 |
Registered in the following Registration States
California, Florida, Illinois, Maryland, Michigan, New York, Virginia, District of Columbia
Back to Top
Support and Training
General Information
| IFA Member |
No |
| CFA Member |
No |
| Franchisee Association? |
Yes, is a member |
| Size of Corporate Staff |
N/A |
Site Selection
Assistance |
Yes |
| Lease Negotiation Assistance |
Yes |
| Financial Assistance |
Yes, Direct |
Marketing Support
| Co-Op Advertising |
No |
| National Advertising |
No |
| Regional Advertising |
No |
| Local Advertising |
No |
Ongoing Support
| Central Data Processing |
Included |
| Central Purchasing |
Included |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
Included |
| Inventory Control |
Included |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Included |
| 800 Telephone Hotline |
Included |
Training
Back to Top
Financial Requirements
Investment
| Minimum Net Worth |
N/A |
| Cash Investment |
N/A |
| Total Investment |
$55.9-501.8K |
| Average Total Investment |
$279K |
Fees
| Initial Franchise Fee |
$15-150K |
| Average Franchise Fee |
$33K |
| On-Going Royalty |
N/A |
| Average Royalty |
N/A |
| Advertising Fee |
0% |
Site Information and Requirements
| Average Number of Full-Time Employees |
N/A |
| Average Number of Part-Time Employees |
N/A |
| Space Needs (in square feet) |
None
|
| Preferred Site Types |
N/A
|
| Encourages Conversions |
Yes |
| Item 19 (Earnings Claim) Provided? |
No |
| Listed in the SBA Registry? |
No |
Back to Top
Franchisee Qualifications
| Financial Net Worth |
N/A |
| General Business Experience |
N/A |
| Specific Industry Experience |
N/A |
| Formal Education |
N/A |
| Psychological Profile |
N/A |
| Personal Interviews |
N/A |
Back to Top
Terms of Contract
| Term of Initial Contract |
N/A |
| Term of Renewal Period |
N/A |
| Passive Ownership? |
Allowed |
Area Development
Agreements? |
No
|
Sub-Franchisor
Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? |
No |
Back to Top
Expansion Plans
| Projected New Units Over Next 12 Months |
14 |
| USA |
Yes, IL, MD, MA, NJ, NY, PA |
| Canada |
No |
| Overseas |
No |
Back to Top
