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Below is an in-depth analysis and side-by-side comparison of Bingo Bugle Newspaper vs Saver Media Group 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 | $60,000 |
Franchise Fee | $5,000 | $25,000 |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 1981 | 1996 |
Year Franchised | 1983 | 2003 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 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 | -/- |
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 | - |
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.
Major Urban Franchise Locations are Available - Be Your Own Boss! For the past twelve years, Saver Media Group has expanded and consolidated its position in the Greater Toronto Area (GTA). We are pleased with the phenomenal success of our direct mail business model. Our direct mail magazines are a unique product in the marketplace - the response rate is unequaled in the industry. We are expanding across Canada and have decided to franchise locations in major metropolitan areas. Our first franchise location was Winnipeg, Manitoba which was established in 2007. We welcome our new franchisees in London,Ontario; Barrie,Ontario; Brantford,Ontario; Ottawa,Ontario; St. Catherine's,Ontario; Niagara,Ontario; Kingston,Ontario; Okanagan, B.C. and Gatineau,Quebec. As a new franchisee, you are trained in all aspects of the direct mail business, and you have continuous support from the corporate team. Our talented graphic designers and administrative staff will provide all the back-end support so that you - the franchisee - can concentrate on growing the business in your geographic area. If you have experience in media sales and a desire to run your own business, this can be a very profitable franchise opportunity. The up-front costs are very reasonable in comparison to the financial rewards. We are a member of the Canadian Franchise Association. Please contact us at (905-608-9301) to review our franchise package.