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World's largest international retail party supply franchise, specializing in service, selection and savings. The official party store for the 'new millennium.'
Franchisor Background
Year Established: 1986Franchising Since: 1988
Operating Units: Franchised Units: 577 100% Company-Owned Units: 0 0% ______ _____ Total Operating Units: 577 100% Geographic Distribution: U.S.: 500 92.6% In 23 States Canada: 4 0.7% In 3 Canadian Provinces International: 36 6.7% In 0 Foreign Countries ______ _____ Total: 540 100% North America: States/Provinces with the largest number of operating units: Density Units 1. Pennsylvania 20 2. Texas 8 3. Colorado 3
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta Financial Requirements
Investment: Minimum Net Worth: $250K Cash Investment: $80K Total Investment: $249-329K Average Total Investment: $289K Fees: Initial Franchise Fee: $35K Average Franchise Fee: $35K On-Going Royalty: 5% Average Royalty: 5% Advertising Fee: 4%
Average Number of Employees: 2 Full-time, 6 Part-timeSpace Needs (in square footage): N/APreferred Sites: Free-standing Building, Storefront, Strip CenterOther Sites: Encourage Conversions? YesEarnings Claims Provided? NoListed in the SBA Registry? NoSupport and Training
International Franchise Association: No Canadian Franchise Association: No Franchisee Association/Member: Yes, Member Size of Corporate Staff: 30 Site Selection Assistance? Yes Lease Negotiation Assistance? Yes Financial Assistance? Yes, Direct Marketing Support: Co-Op Advertising: No National Advertising: No Regional Advertising: No Local Advertising: No Marketing Materials: None Specified Additional Services: None Specified Other Marketing Support: None Specified On-Going Support: Central Data Processing: Included in Fees Central Purchasing: Included in Fees Field Operation Evaluation: Included in Fees Field Training: Included in Fees Initial Store Opening: Included in Fees Inventory Control: Included in Fees Franchisee Newsletter: Included in Fees Regional or National Meetings: Included in Fees 800 Telephone Hotline: Included in Fees Training: 1. Party Land University 1 Week
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): Financial Net Worth: 5 General Business Experience: 4 Specific Industry Experience: 2 Formal Education: 1 Psychological Profile: 5 Personal Interview(s): 5
Minority Representation
Units Owned by Minorities: African-American: N/A Asian-American: N/A Hispanic: N/A Native American: N/A Other: N/A Specific Minority: N/A
Terms of Contract
Term of Initial Contract: 20 Year(s) Term of Renewal Period: 10 Year(s) Passive Ownership: Allowed Area Development Agreements? Yes, for 1 Year(s) Sub-Franchising Contracts? Yes Franchisees Allowed to Expand Within Territory? No
Expansion Plans
Projected New Units Over Next 12 months: 20
U.S.: Yes, All United States Canada: Yes, All Canada Overseas: Yes, All Countries
