Start-Up Costs and Fees |
||
| Gateway Newstands | Planet RYO | |
| Investment | 55875 - 501750 | 98225 - 208000 |
| Franchise Fee | 0 | |
| Royalty Fee | 3.50% | 6% |
| Advertising Fee | 1% Nat'l +3% Local | |
| Year Founded | 1983 | 1993 |
| Year Franchised | 1983 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gateway Newstands | Planet RYO | |
| Experience | General business experience | |
Financing Options |
||
| Gateway Newstands | Planet RYO | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Gateway Newstands | Planet RYO | |
| Training | On-The-Job Training: Up to 40 hours | |
| Support | Purchasing Co-ops Newsletter Toll-Free Line Grand Opening Security/Safety Procedures Field Operations | |
| Marketing | Social media Website development | |
| Operations | Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Gateway Newstands | Planet RYO | |
| 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 | 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 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Gateway Newstands | |
| Planet RYO | |
| Franchise Fee | |
| Gateway Newstands | |
| Planet RYO | |
| Royalty Fee | |
| Gateway Newstands | 3.50% |
| Planet RYO | 6% |
| Advertising Fee | |
| Gateway Newstands | |
| Planet RYO | 1% Nat'l +3% Local |
| Year Founded | |
| Gateway Newstands | 1983 |
| Planet RYO | 1993 |
| Year Franchised | |
| Gateway Newstands | 1983 |
| Planet RYO | 1993 |
| Term Of Agreement | |
| Gateway Newstands | 5 |
| Planet RYO | |
| Renewal Fee | |
| Gateway Newstands | Varies |
| Planet RYO | |
Business Experience Requirements |
|
| Experience | |
| Gateway Newstands | General business experience |
| Planet RYO | |
Financing Options |
|
| Franchise Fees | |
| Gateway Newstands | No |
| Planet RYO | No |
| Start-up Costs | |
| Gateway Newstands | |
| Planet RYO | |
| Equipment | |
| Gateway Newstands} | |
| Planet RYO | |
| Inventory | |
| Gateway Newstands | |
| Planet RYO | |
| Receivables | |
| Gateway Newstands | |
| Planet RYO | |
| Payroll | |
| Gateway Newstands | |
| Planet RYO | |
Training & Support |
|
| Training | |
| Gateway Newstands | On-The-Job Training: Up to 40 hours |
| Planet RYO | |
| Support | |
| Gateway Newstands | Purchasing Co-ops Newsletter Toll-Free Line Grand Opening Security/Safety Procedures Field Operations |
| Planet RYO | |
| Marketing | |
| Gateway Newstands | Social media Website development |
| Planet RYO | |
| 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) |
| Planet RYO | |
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 |
| Planet RYO | 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 | |
| Gateway Newstands | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Planet RYO | |
| International Expansion | |
| Gateway Newstands | |
| Planet RYO | |