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Below is an in-depth analysis and side-by-side comparison of Bingo Bugle Newspaper vs OurHomes 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 | $82,000 - $125,000 |
Franchise Fee | $5,000 | $39,800 |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 1981 | 2005 |
Year Franchised | 1983 | 2007 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | We believe anyone who is prepared to follow a smart, clear and proven system can achieve magnificent success with the OUR HOMES™ publication. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Training w/regional manager or headquarter office | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet | - |
Marketing | Co-op advertising, Ad slicks | - |
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) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
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.
Join A Winning Team Imagine the prestige of owning your own successful OUR HOMES magazine. Together, we produce a gorgeous homes, decor and real estate magazine for you in your franchise territory. Whether you live in a small community or a big city, if you wish to work family-friendly hours, OUR HOMES franchises are scalable. You have the freedom of operating your own people-oriented business with little more than a laptop and a telephone. It's your choice: a magazine in a small community, a cluster of communities to create a regional publication, or a large metropolitan centre. All present great opportunities to earn extra income, replace your executive salary, or grow the business as large as you want. The magazine has been designed to be the optimum print advertising medium for homes-related businesses. It has proven itself over and over again, making it the obvious and first choice for advertisers. Your primary role as an OUR HOMES franchise is to drive revenue by focusing on the sale of advertising space. Our unique, copyrighted and hugely effective SALES FORMULA makes this easy for you. When you are awarded an OUR HOMES publishing franchise, together we will create a custom, prestigious magazine for your community or city. All our magazines exceed the highest editorial and design standards, which mean they pass the "wow" test. The success of our franchisees is a result of them becoming actively involved in their local community and quickly becoming the industry expert in their customers' industries as well as their own.