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| Bingo Bugle Newspaper P. O. Box 527 Vashon Island, WA 98070-0527 |
Submit an online form to receive information from Bingo Bugle Newspaper.
|
Business Description
THE BINGO BUGLE is North America's largest network of newspapers devoted to bingo & gaming. Circulation over 1 million copies monthly. Listed in Entrepreneur's Annual Franchise 500 as one of the lowest cost franchise opportunities. Franchise fees range from $1,500 to $7,000. Complete training and support. Modest investment. Call 1-800-327-6437 for details.
Franchisor Background
Year Established: 1981
Franchising Since: 1983
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Florida, Illinois, South Dakota, Virginia
Financial Requirements
Average Number of Employees: 0 Full-time, 0 Part-time
Space Needs (in square footage):
Preferred Sites:
Other Sites:
Encourage Conversions? No
Earnings Claims Provided?: No
THE BINGO BUGLE is North America's largest network of newspapers devoted to bingo & gaming. Circulation over 1 million copies monthly. Listed in Entrepreneur's Annual Franchise 500 as one of the lowest cost franchise opportunities. Franchise fees range from $1,500 to $7,000. Complete training and support. Modest investment. Call 1-800-327-6437 for details.
Franchisor Background
Year Established: 1981
Franchising Since: 1983
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 64 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 64 | 100.0% | |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||
States/Provinces with the largest number of operating units:
| Density | Units |
| 1. California | 12 |
| 2. Florida | 5 |
| 3. New York | 6 |
Registered in Following Registration States: Florida, Illinois, South Dakota, Virginia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $ |
| Cash Investment: | $1.5-6K |
| Total Investment: | $5.1-11.5K |
| Average Total Investment: | $8K |
| Fees: | |
| Initial Franchise Fee: | $1.5-10K |
| Average Franchise Fee: | $6K |
| On-Going Royalty: | 10% |
| Average Royalty: | 10% |
| Advertising Fee: | 0% |
Space Needs (in square footage):
Preferred Sites:
Other Sites:
Encourage Conversions? No
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 2 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 4 | ||||||||
| Formal Education: | 2 | ||||||||
| Psychological Profile: | 2 | ||||||||
| Personal Interview(s): | 1 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 5 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Allowed | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | No | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, Member | ||||||||
| Size of Corporate Staff: | 2 | ||||||||
| Site Selection Assistance? | Not Applicable | ||||||||
| Lease Negotiation Assistance? | No | ||||||||
| Financial Assistance? | No | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Not Applicable | ||||||||
| Field Training: | Not Applicable | ||||||||
| Initial Store Opening: | Not Applicable | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Not Applicable | ||||||||
| Regional or National Meetings: | Not Applicable | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Seattle, WA | 2.5 Days | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Bingo Bugle Newspaper.
|
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