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Updated RecentlyStork News of America vs Bingo Bugle Newspaper Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Stork News of America vs Bingo Bugle Newspaper including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $11,530 - $75,700 | $9,070 - $15,020 |
| Franchise Fee | $8,000 - $13,000 | $5,000 |
| Royalty Fee | $800-1.2K/yr. | 8% |
| Advertising Fee | - | - |
| Year Founded | 1983 | 1981 |
| Year Franchised | 1984 | 1983 |
| Term Of Agreement | 1 year | 5 years |
| Term Of Agreement | 1 year | 5 years |
| Renewal Fee | - | - |
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 | Available at franchisee's location | Training w/regional manager or headquarter office |
| Support | Newsletter, Toll-free phone line, Internet | Newsletter, Meetings, Toll-free phone line, Internet |
| Marketing | Co-op advertising | Co-op advertising, Ad slicks |
| Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
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) |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Stork News of America
Stork News of America Inc. was founded in 1983 and began franchising in 1984. It has more than 135 locations in the United States and Canada. Stork News has an arrangement with Babies 'R' Us that places Stork News displays in all Babies 'R' Us units that are located in an area where a Stork News franchisee is present, thus offering franchisees automatic advertising. Stork News of America is based in Fayetteville, North Carolina.
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.