Paper Warehouse/Party Universe
Paper Warehouse/Party Universe
7630 Excelsior Blvd.
Minneapolis, MN 55426-4504
800#: (800) 229-1792
Tel: (952) 936-1000
Fax: (952) 352-9091
E-Mail: [email protected]
Web Site: www.paperwarehouse.com
Contact: Mr. Mike Anderson, VP Franchising
PAPER WAREHOUSE specializes in party supplies and paper goods. They operate under the names PAPER WAREHOUSE, PARTY UNIVERSE and www.paperwarehouse.com. PAPER WAREHOUSE stores offer an extensive assortment of special occasion, seasonal and everyday party and entertainment supplies, gift wrap, greeting cards and catering supplies at everyday low prices.
Franchisor Background
Established: 1983
First Franchise: 1987
Franchise Units: 52
Company-Owned Units: 87
Total Units:139
Distribution:
U.S. -- 138;
Canada -- 1;
International -- 0
> North America -- Operations in 22 States
> States/Provinces with Greatest Density: 29 in MN, 14 in CO, 14 in OK
Projected New Units Over Next 12 months:15
Franchisee Qualifications:5, 3, 3, 3, 3, 3
(for an explanation
click here)
Registered in Following Registration States: All States Except Hawaii
Average Number of Employees: 5-6 FT (FT = Full Time, PT = Part Time)
Space Needs:7,200 SF; SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $75-100K
Total Investment: $184-445K
Average Total Investment: $314K
Minimum Net Worth: $450K+
Fees
>Franchise: $35K;
>Average Franchise Fee: $35K
>Royalty: 5%
>Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements:Yes/10
Sub-Franchising Contracts: No
Expand In Territory:N/A
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: Yes/IFA
Size Of Corporate Staff: 52
On-Going Support: A,C,D,E,G,I (for an explanation click here)
Training: 1 Week in Minneapolis, MN.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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