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Party America
Party America acquired the bankrupt Paper Warehouse, a party supply and paper products franchise chain. This brought Party America into the franchise business, as the company coverted Paper Warehouse stores to the Party America name and began offering the Party America franchise opportunity. Party America stores provide party products for everyday, seasonal and celebratory occasions. Party America is the leading retail innovator and second largest operator of party supply stores in the United States with over 210 company-owned stores, more than 60 franchises, and a presence in 45 states. The company is currently awarding franchises throughout the 50 states and internationally. Party America deliver a wide selection of party goods at a great value, coupled with providing fun and imaginative party ideas to the consumer through a well-trained group of people in each store.
Facts & figures
To open a location, you should have $150,000 available as liquid capital. The franchise expects its new franchisees to have a net worth of at least $750,000. $348,000 is the minimum that Party America expects its owners will need to invest in a new location. $532,000 is the most that Party America expects its owners will need to invest in a new location. Before you become an owner, you will owe the franchisor a franchise fee of $25,000. Today, the location count for this franchise has reached 64.
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