Party Land Inc.
At a Glance
Products & Services: Party supplies & balloons
Number of Locations: 574
Total Investment: $280K
Founded: 1986
Began Franchising: 1988
Private Owned
About Party Land Inc.
The original Party Land store opened in Philadelphia in 1986. By 1993, the company had 15 franchises in and around Philadelphia. Today there are U.S., Canadian and international Party Land locations.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2008 | 43 | 1 | 530 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $280,000
Franchise Fee: $35,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 20 years, renewable
Franchise Fee: $35,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $80,000
Operations
10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4 - 12. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week. In Toronto, ON : 3 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,