Start-Up Costs and Fees |
||
| Bingo Bugle Newspaper | VYPE High School Sports Magazine | |
| Investment | 9070 - 15020 | 152000 - 337000 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | $40 per page or 6% |
| Advertising Fee | ||
| Year Founded | 1981 | 2005 |
| Year Franchised | 1983 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bingo Bugle Newspaper | VYPE High School Sports Magazine | |
| Experience | Outgoing personality required | |
Financing Options |
||
| Bingo Bugle Newspaper | VYPE High School Sports Magazine | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Bingo Bugle Newspaper | VYPE High School Sports Magazine | |
| Training | Training w/regional manager or headquarter office | A full week of classroom training at our corporate office in Tulsa Oklahoma covering these topics: * Introduction to the sports marketing industry * Working with sports media professionals * Marketing your business * Learning the sales presentation * Distributing your magazine Setting up your office Your Team Manager and Start-Up Specialist will then join you in your exclusive territory to accomplish the following: * Research and understand your market * Analyze your distribution locations * Fine-tune your sales presentation * Make initial sales calls Network with prospects in the community In addition, to help you get started we: * Assist you in building a minimum of your first three issues * Provide production training in a classroom setting |
| Support | Newsletter, Meetings, Toll-free phone line, Internet | VYPE Franchise team members receive ongoing coaching and support to assist in the success of their publishing franchise. VYPE continues to provide each Franchise the following: * Ongoing market support with their dedicated VYPE market representative * As needed support to assist in the production of their publication * Ongoing website support * Regional VYPE meetings and annual business conference for networking |
| 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 |
||
| Bingo Bugle Newspaper | VYPE High School Sports Magazine | |
| US Expansion | Alaska, Alabama, Delaware, Florida, Kansas, Louisiana, Maryland, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, Pennsylvania, South Carolina, South Dakota, Wyoming, | |
| Canada Expansion | ||
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bingo Bugle Newspaper | |
| VYPE High School Sports Magazine | |
| Franchise Fee | |
| Bingo Bugle Newspaper | |
| VYPE High School Sports Magazine | |
| Royalty Fee | |
| Bingo Bugle Newspaper | 8% |
| VYPE High School Sports Magazine | $40 per page or 6% |
| Advertising Fee | |
| Bingo Bugle Newspaper | |
| VYPE High School Sports Magazine | |
| Year Founded | |
| Bingo Bugle Newspaper | 1981 |
| VYPE High School Sports Magazine | 2005 |
| Year Franchised | |
| Bingo Bugle Newspaper | 1983 |
| VYPE High School Sports Magazine | 2005 |
| Term Of Agreement | |
| Bingo Bugle Newspaper | 5 years |
| VYPE High School Sports Magazine | |
| Renewal Fee | |
| Bingo Bugle Newspaper | |
| VYPE High School Sports Magazine | |
Business Experience Requirements |
|
| Experience | |
| Bingo Bugle Newspaper | Outgoing personality required |
| VYPE High School Sports Magazine | |
Financing Options |
|
| Franchise Fees | |
| Bingo Bugle Newspaper | No |
| VYPE High School Sports Magazine | No |
| Start-up Costs | |
| Bingo Bugle Newspaper | |
| VYPE High School Sports Magazine | |
| Equipment | |
| Bingo Bugle Newspaper} | |
| VYPE High School Sports Magazine | |
| Inventory | |
| Bingo Bugle Newspaper | |
| VYPE High School Sports Magazine | |
| Receivables | |
| Bingo Bugle Newspaper | |
| VYPE High School Sports Magazine | |
| Payroll | |
| Bingo Bugle Newspaper | |
| VYPE High School Sports Magazine | |
Training & Support |
|
| Training | |
| Bingo Bugle Newspaper | Training w/regional manager or headquarter office |
| VYPE High School Sports Magazine | A full week of classroom training at our corporate office in Tulsa Oklahoma covering these topics: * Introduction to the sports marketing industry * Working with sports media professionals * Marketing your business * Learning the sales presentation * Distributing your magazine Setting up your office Your Team Manager and Start-Up Specialist will then join you in your exclusive territory to accomplish the following: * Research and understand your market * Analyze your distribution locations * Fine-tune your sales presentation * Make initial sales calls Network with prospects in the community In addition, to help you get started we: * Assist you in building a minimum of your first three issues * Provide production training in a classroom setting |
| Support | |
| Bingo Bugle Newspaper | Newsletter, Meetings, Toll-free phone line, Internet |
| VYPE High School Sports Magazine | VYPE Franchise team members receive ongoing coaching and support to assist in the success of their publishing franchise. VYPE continues to provide each Franchise the following: * Ongoing market support with their dedicated VYPE market representative * As needed support to assist in the production of their publication * Ongoing website support * Regional VYPE meetings and annual business conference for networking |
| Marketing | |
| Bingo Bugle Newspaper | Co-op advertising, Ad slicks |
| VYPE High School Sports Magazine | |
| Operations | |
| Bingo Bugle Newspaper | 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) |
| VYPE High School Sports Magazine | |
Expansion Plans |
|
| US Expansion | |
| Bingo Bugle Newspaper | Alaska, Alabama, Delaware, Florida, Kansas, Louisiana, Maryland, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, Pennsylvania, South Carolina, South Dakota, Wyoming, |
| VYPE High School Sports Magazine | |
| Canada Expansion | |
| Bingo Bugle Newspaper | |
| VYPE High School Sports Magazine | |
| International Expansion | |
| Bingo Bugle Newspaper | Canada, |
| VYPE High School Sports Magazine | |