Party Land Inc.

Party supplies & balloons

Background

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.

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)