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Below is an in-depth analysis and side-by-side comparison of Balloon Cafe vs Party America including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $8,000 - $30,100 | $250,800 - $491,500 |
Franchise Fee | $6,000 - $20,000 | $25,000 |
Royalty Fee | $60-200/mo. | 4% |
Advertising Fee | - | - |
Year Founded | 1999 | 1980 |
Year Franchised | 2002 | 1987 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | $1K | 10% of current franchise fee |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Grand opening, Internet, Security/safety procedures | Meetings, Grand opening, Field operations/evaluations, Purchasing cooperatives |
Marketing | Ad slicks | Co-op advertising, Ad slicks, Regional advertising |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is NOT allowed. |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 - 12
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
While many people dream of owning a store, the Balloon Cafe home-based franchise is for those who want to be part of a proven business system while enjoying a more flexible lifestyle.
Some of the distinct benefits include:
In 2003, 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.