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Party America Franchising Inc.

Party supplies, balloons, cards

Background

Founded: 1980 Franchising since: 1987

In 2003, Party America acquired the bankrupt Paper Warehouse, a party supply and paper products franchise chain. This brought Party America into the franchise business, as the company coverted Paper Warehouse stores to the Party America name and began offering the Party America franchise opportunity.

Party America stores provide party products for everyday, seasonal and celebratory occasions.


1301 Marina Village Pkwy., #107
Alameda, California 94501
Phone:
(510)747-1800


Franchisor is a privately-held company with 105 employee(s); 6 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2006 64 0 1 206
2005 58 0 1 92

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, West virginia, Wyoming

Exclusive territories available.

Special Programs
Paper Warehouse encourages multiple-store ownership and discounts franchise fees for owners who expand.

Costs and Fees

Total investment: $348K-532K
Franchise fee: $25K
Ongoing royalty fee: 4%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $500K-1M
Cash liquidity requirement: $150K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills
  • Customer service skills

Operations
  • 20% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 9 - 12
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3-5 days
  • At franchisee's location: 1-2 weeks
  • At company store : 1-2 weeks

Ongoing Support
  • Meetings
  • Grand opening
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising

Other marketing support
  • Radio/TV

Rankings

Franchise 500® rank:
#268 (2007); #323 (2006); #427 (2005);


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