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Bingo Bugle Newspaper
THE BINGO BUGLE is North America's largest network of newspapers devoted to bingo & gaming. It has a circulation of over 1 million copies monthly and is listed in Entrepreneur's Annual Franchise 500 as one of the lowest cost franchise opportunities. Franchise fees for leasing this business range from $1,500 to $7,000. Franchisors offer complete training and support to the franchisees. Modest investment is required to start a Bingo Bugle Newspaper in a locality.
Facts & figures
You'll need $15,000 in liquid capital to open a Bingo Bugle Newspaper. The ongoing royalty for Bingo Bugle Newspaper is 8%. The low end of the total investment required to open a new franchise is $9,070. $15,020 is the maximum that someone opening a location should expect to invest. New franchisees can expect to pay a $5,000 franchise fee for the rights to open their own location. Bingo Bugle Newspaper was established in 1981. Franchising as a means of location growth started in 1983. Today, the location count for this franchise has reached 41.
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