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: 62
Total Units: 114
Distribution:
U.S. -- 113;
Canada -- 1;
International -- 0
-North America -- Operations in 24 States
-States/Provinces with Greatest Density: 23 in MN, 12 in MO, 11 in CO
Projected New Units Over Next 12 months: 6
Franchisee Qualifications: 5, 3, 3, 3, 3, 3
(Click here for an explanation)
Registered in Following Registration States: All States Except Hawaii (Click here for an explanation)
Average Number of Employees: 5-6 FT (FT = Full Time, PT = Part Time)
Space Needs: 7,200 SF; SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $75-100K
Total Investment: $184-445K
Average Total Investment: $314.5K
Minimum Net Worth: $450K+
Fees:
-Franchise: $35K
-Average Franchise Fee: $35.0K
-Royalty: 4%
-Average Royalty: 4.0%
-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: NA
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/IFA
Size Of Corporate Staff: 35
On-Going Support: A,C,D,E,G,I (Click here for an explanation)
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.
Click here for a sample questionnaire.
|
New
Search: Alphabetical
| Industry
Type | Average
Total Investment | Average
Franchise Fee | Total
Units
|
|