Business Description

World's largest international retail party supply franchise, specializing in service, selection and savings. The official party store for the 'new millennium.'

Franchisor Background

Year Established:  1986

Franchising Since:  1988

Operating Units:
Franchised Units:	400	100%
Company-Owned Units:	0	0%
Total Operating Units:	400	100.0%
Geographic Distribution: U.S.: 360 90% In 23 States Canada: 4 1% In 3 Canadian Provinces International: 36 9% In 0 Foreign Countries   Total: 400 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Colorado	3
2. Pennsylvania	20
3. Texas	8

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:
Minimum Net Worth:	$250K
Cash Investment:	$80K
Total Investment:	$249-329K
Average Total Investment:	$289K
Fees:
Initial Franchise Fee:	$35K
Average Franchise Fee:	$35K
On-Going Royalty:	5%
Average Royalty:	5%
Advertising Fee:	4%

Average Number of Employees: 2 Full-time, 6 Part-time

Space Needs (in square footage):

Preferred Sites: Free-standing Building, Storefront, Strip Center

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	4
Specific Industry Experience:	2
Formal Education:	1
Psychological Profile:	5
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	20 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	No
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	30
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Party Land University	1 Week
Expansion Plans
Projected New Units Over Next 12 months: 20 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: Yes, All Countries	Request Franchisor Info   Submit an online form to receive information from Party Land.