|
Below is an in-depth analysis and side-by-side comparison of Bingo Bugle Newspaper vs The WAITING GAME including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $9,070 - $15,020 | $7,500 - And Up |
Franchise Fee | $5,000 | $7,500 |
Royalty Fee | 8% | - |
Advertising Fee | - | - |
Year Founded | 1981 | 2009 |
Year Franchised | 1983 | 2011 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
Training | Training w/regional manager or headquarter office | We offer a 2 ½-day "boot camp" style training, held in Tampa, Florida, that takes you through all aspects of your new business. Each franchisee is provided a 150+ page operations manual designed to be a self-teaching tool and that takes you step-by-step through your business procedures. In addition, each franchisee is provided access to our Franchisee-Only Intranet, which provides a forum for franchisees to communicate, as well as access all forms, updates, documents, and online refresher training modules. |
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 |
||
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.
JOIN ONE OF THE FASTEST GROWING NEW FRANCHISES ... Are you looking for an opportunity that: Is Home-based - giving you a flexible lifestyle? Requires Low investment - less out-of-pocket? Provides Financial Independence - so you're in control? If so, then The WAITING GAME® may be the perfect opportunity for you to combine your passion for sales and a flexible lifestyle with a great way to earn a living. The WAITING GAME® is a FREE, full color, interactive, incentive-based publication that can be seen 365 days a year. It is published monthly and distributed anywhere consumers experience wait times�" doctors’ offices, dentists’ offices, urgent cares, local schools, hotels, senior centers, clubs, martial arts centers, gymnastic clubs, car washes, dance studio’s and just about anywhere with a waiting room. The goal of The WAITING GAME® is to entertain and engage consumers while providing valuable incentives to visit local businesses. We strive maximize enjoyment for our readers and exposure for our advertisers. TWG was developed as a cost effective, targeted marketing tool for small business owners to effectively spend the dollars they have, in their target market (the 3-5 mile radius from which most businesses generate 80% of their customers). TWG has evolved to be an effective tool for businesses of all sizes, whether it is the only thing they do or whether it is just a supplement to their advertising program. Consumers spend an average of 45 minutes interacting with TWG and they almost always take it with them.