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Party Land

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Party Land
5215 Militia Hill Rd.
Plymouth Meeting, PA 19462-1216
800#: (800) 778-9563
Tel: (610) 941-6200
Fax: (610) 941-6301
E-Mail: [email protected]
Web Site: www.partyland.com
Contact: Mr. John L. Barry, VP Franchise Sales


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




Franchisor Background


Established: 1986
First Franchise: 1988
Franchise Units: 400
Company-Owned Units: 0
Total Units: 400

Distribution:
U.S. -- 358; Canada -- 4; International -- 38
-North America -- Operations in 23 States, 3 Provinces
-States/Provinces with Greatest Density: 20 in PA, 8 in TX, 3 in CO

Projected New Units Over Next 12 months: 20
Franchisee Qualifications: 5, 4, 2, 1, 5, 5
(Click here for an explanation)

Registered in Following Registration States: All States and AB (Click here for an explanation)
Average Number of Employees: 2 FT, 6 PT (FT = Full Time, PT = Part Time)
Space Needs: NR SF; FS, SF, SC (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $80K
Total Investment: $249-329K
Average Total Investment: $289.0K
Minimum Net Worth: $250K

Fees:
-Franchise: $35K
-Average Franchise Fee: $35.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 4%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 20/10
Passive Ownership: Allowed
Area Development Agreements: Yes/5
Sub-Franchising Contracts: Yes
Expand In Territory: No


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 30+
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 1 Week Party Land University.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: All Countries

Note: NR = No Response by Franchisor.
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