Business Opportunities Weblog

December 13, 2001 by Dane Carlson | 0 Comments

→ gatewaynewstands.com

Gateway Newstands currently is franchisor to over 400 Gateway Newstands, leasing space from 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 U.S.A.

Basically, Gateway is 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, confectionery, 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, every day consumer needs sold to a captive population generally with an exclusive use clause for its merchandise for the full term of the lease and options thereof

Gateway provides the franchisee with a prime location and leasehold improvements, fixtures, and equipment, and operations expertise. For this service the franchisee pays Gateway a franchise fee and reimburses it for the cost of the leasehold improvements, furniture, and equipment.

Aggressive management at Gateway has been successful in cultivating a market niche, previously ignored by corporations, and thereby has created a virtual lock on potential sites by establishing itself as the foremost newstand operation.

In Biz Ops | 0 Comments