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Below is an in-depth analysis and side-by-side comparison of Bingo Bugle Newspaper vs LIVING WELL 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 | $44,200 - $76,000 |
Franchise Fee | $5,000 | $30,000 |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 1981 | 2006 |
Year Franchised | 1983 | 2009 |
Term Of Agreement | 5 years | 7 years |
Term Of Agreement | 5 years | 7 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 | -/- |
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 | - |
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.
NO LONGER FRANCHISING
Since 2006, LIVING WELL Magazine has successfully been bringing top professionals to it's targeted local market readers, those 50 and older with mid-to-upper level incomes.
It is no secret that these individuals make up one of the fastest growing segments of the population. They need and welcome quality health and wellness, legal and financial, and lifestyle information.
LIVING WELL Magazine advertisers, who also contribute their educational and informative articles to the full-color pages of our premier publication, align themselves with an elite company that helps them effectively reach large numbers of potential clients and at a very affordable cost that is much less than either direct mail or placing ads in local newspapers.
LIVING WELL Magazine offers its franchisees the opportunity to be an important asset serving seniors in their local communities while working from home part time and supplementing their income with a single market, or establishing a new fulltime career developing multiple markets in their area.
No publishing experience is required. If you have the ambition to succeed, you enjoy meeting and working with top professionals in your area, want to work from home at your own pace, and want to provide an educational and informative service to the people in your community, then the LIVING WELL Magazine opportunity may be the right one for you.