Stork 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

 
Stork News of America Franchise
Bingo Bugle Newspaper Franchise
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 19831981
Year Franchised 19841983
Term Of Agreement 1 year5 years
Term Of Agreement 1 year5 years
Renewal Fee --


Business Experience Requirements

 
Stork News of America Franchise
Bingo Bugle Newspaper Franchise
Experience
  • General business experience
  • Marketing skills

  • Outgoing personality required

  • Financing Options

     
    Stork News of America Franchise
    Bingo Bugle Newspaper Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Stork News of America Franchise
    Bingo Bugle Newspaper Franchise
    Training Available at franchisee's locationTraining w/regional manager or headquarter office
    Support Newsletter, Toll-free phone line, InternetNewsletter, Meetings, Toll-free phone line, Internet
    Marketing Co-op advertisingCo-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

     
    Stork News of America Franchise
    Bingo Bugle Newspaper Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    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.