Start-Up Costs and Fees |
||
| Gateway Newstands | Shefield & Sons | |
| Investment | 55875 - 501750 | 110000 - 200000 |
| Franchise Fee | 0 | |
| Royalty Fee | 3.50% | 2%-8% |
| Advertising Fee | ||
| Year Founded | 1983 | 1976 |
| Year Franchised | 1983 | 1976 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gateway Newstands | Shefield & Sons | |
| Experience | General business experience | General business experience |
Financing Options |
||
| Gateway Newstands | Shefield & Sons | |
| Franchise Fees | No | No |
| Start-up Costs | Yes | No |
| Equipment | Yes | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Gateway Newstands | Shefield & Sons | |
| Training | On-The-Job Training: Up to 40 hours | |
| Support | Purchasing Co-ops Newsletter Toll-Free Line Grand Opening Security/Safety Procedures Field Operations | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Social media Website development | Co-op advertising, Ad slicks, National media |
| Operations | Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | 2% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Gateway Newstands | Shefield & Sons | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Gateway Newstands | |
| Shefield & Sons | |
| Franchise Fee | |
| Gateway Newstands | |
| Shefield & Sons | |
| Royalty Fee | |
| Gateway Newstands | 3.50% |
| Shefield & Sons | 2%-8% |
| Advertising Fee | |
| Gateway Newstands | |
| Shefield & Sons | |
| Year Founded | |
| Gateway Newstands | 1983 |
| Shefield & Sons | 1976 |
| Year Franchised | |
| Gateway Newstands | 1983 |
| Shefield & Sons | 1976 |
| Term Of Agreement | |
| Gateway Newstands | 5 |
| Shefield & Sons | 5 years |
| Renewal Fee | |
| Gateway Newstands | Varies |
| Shefield & Sons | $5K |
Business Experience Requirements |
|
| Experience | |
| Gateway Newstands | General business experience |
| Shefield & Sons | General business experience |
Financing Options |
|
| Franchise Fees | |
| Gateway Newstands | No |
| Shefield & Sons | No |
| Start-up Costs | |
| Gateway Newstands | |
| Shefield & Sons | |
| Equipment | |
| Gateway Newstands} | |
| Shefield & Sons | |
| Inventory | |
| Gateway Newstands | |
| Shefield & Sons | |
| Receivables | |
| Gateway Newstands | |
| Shefield & Sons | |
| Payroll | |
| Gateway Newstands | |
| Shefield & Sons | |
Training & Support |
|
| Training | |
| Gateway Newstands | On-The-Job Training: Up to 40 hours |
| Shefield & Sons | |
| Support | |
| Gateway Newstands | Purchasing Co-ops Newsletter Toll-Free Line Grand Opening Security/Safety Procedures Field Operations |
| Shefield & Sons | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Gateway Newstands | Social media Website development |
| Shefield & Sons | Co-op advertising, Ad slicks, National media |
| Operations | |
| Gateway Newstands | Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| Shefield & Sons | 2% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Gateway Newstands | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Shefield & Sons | |
| Canada Expansion | |
| Gateway Newstands | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Shefield & Sons | 0 |
| International Expansion | |
| Gateway Newstands | |
| Shefield & Sons | |