Bingo Bugle Newspaper

At a Glance

Products & Services: Specialty newspaper

Number of Locations: 41

Total Investment: $9.1K - $15K

Founded: 1981

Began Franchising: 1983

About Bingo Bugle Newspaper

Robert Snowden started Bingo Bugle in 1980 to serve the needs of charitable bingo organizations, Native American bingo and other gaming establishments. The first newspaper was published in 1980, serving the Tacoma, Washington, area. Each newspaper contains news and feature stories about bingo and related topics, as well as ads for games. Bingo Bugle newspapers are read throughout North America. By 2000, the paper's circulation had surpassed 1 million.

Franchise Units

Year U.S. Canadian International Company Owned
2014 41 0 0 0
2013 44 0 0 0
2012 46 0 0 0
2011 47 0 0 0
2010 47 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Delaware, Florida, Kansas, Louisiana, Maryland, Missouri, Mississippi, Montana, Midwest, Nebraska, North Carolina, North Dakota, Northeast, Pennsylvania, South, South Carolina, South Dakota, Southeast, Wyoming.
Franchisor is seeking new units in Canada, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $9,070 - $15,020
Franchise Fee: $5,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Liquid Cash Available: $15,000
Operations
Franchise can be run from home. 16% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: At franchisee's location: 2 days. At headquarters or regional location
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet
Marketing Support: Co-op advertising, Ad slicks,

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