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Updated RecentlyBingo Bugle Newspaper vs Industry Magazine Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bingo Bugle Newspaper vs Industry Magazine including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $9,070 - $15,020 | $34,300 - $43,800 |
| Franchise Fee | $5,000 | $25,000 |
| Royalty Fee | 8% | 0 |
| Advertising Fee | - | - |
| Year Founded | 1981 | 2001 |
| Year Franchised | 1983 | 2004 |
| Term Of Agreement | 5 years | 3 years |
| Term Of Agreement | 5 years | 3 years |
| Renewal Fee | - | $500 |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | Training w/regional manager or headquarter office | - |
| Support | Newsletter, Meetings, Toll-free phone line, Internet | Newsletter, Meetings, Internet |
| Marketing | Co-op advertising, Ad slicks | National media |
| 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) |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of franchise is allowed. |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
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.
About Industry Magazine
INDUSTRY Magazine is an upscale glossy print magazine, digital publication & media firm, that brings to life the world of fashion, entertainment, and luxury lifestyle for tastemakers and trendsetters. INDUSTRY captures and embraces the sophisticated lifestyle in each of its markets. Our niche of serving as a platform of exposure for both local, regional and national editorial makes it a must-read for the affluent and influential, or those who simply dream of being both. Our range of editorial content includes fashion, style, nightlife, celebrity interviews, architectural and interior design, health and beauty, profiles of power brokers, in-depth restaurant reviews, art scene analysis, and much more. INDUSTRY is on the pulse of what's hot, what's in and what's now. It is a gateway to the city's most influential and aspirational audience, and just celebrated twelve years of doing that better than any other luxury media outlet.
INDUSTRY Magazine defines, represents, and celebrates the lifestyles of fashion, entertainment, people, culture, design, food, dining, health, beauty, and good living. INDUSTRY, put simply, is THE source for bringing the best to the best.