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Entrepreneur: Start & Grow Your Business

Bingo Bugle Newspaper

Specialty newspaper

Background

Founded: 1981 Franchising since: 1983
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.
P.O. Box 527
Vashon, Washington 98070
Phone:
(800)327-6437/ (206)463-5656


Franchisor is a privately-held company with 3 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 51 0 0 0
2008 53 1 0 0
2007 58 1 0 0
2006 57 1 0 0
2005 59 1 0 0

Where Seeking Franchisees
In the U.S. 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
Outside the U.S.: Canada, Western europe

Exclusive territories available.
Territory size: Major metros and surrounding counties

Costs and Fees

Total investment: $14.1K-20K
Franchise fee: $10K
Ongoing royalty fee: 8%
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Cash liquidity requirement: $15K
Business Experience:
  • General business experience
  • Outgoing personality required

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)

Training and Support

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