Party Land Inc.
Party supplies & balloonsBackground
Founded: 1986 Franchising since: 1988
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.
Franchisor is a privately-held company with 15 employee(s); 4 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
Territory size: 5-mile radius
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.
|
5215 Militia Hill Rd. Plymouth Meeting, Pennsylvania 19462 |
Phone: (610)941-6200 |
Franchisor is a privately-held company with 15 employee(s); 4 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2008 | 43 | 1 | 530 | 0 |
| 2007 | 48 | 1 | 526 | 0 |
| 2006 | 42 | 2 | 533 | 0 |
| 2005 | 43 | 2 | 564 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
Territory size: 5-mile radius
Costs and Fees
|
Total investment: $280K Franchise fee: $35K |
Ongoing royalty fee: 5% Term of agreement: 20 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $80K
Business Experience:
- General business experience
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)
Training and Support
Training
Ongoing Support
Marketing Support
- 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