|
Below is an in-depth analysis and side-by-side comparison of Party Land vs Discount Party Store Developers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $299,000 | $65,900 - And Up |
Franchise Fee | $35,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1986 | - |
Year Franchised | 1988 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | Your training includes a comprehensive operations manual and other materials to ensure that you have a solid understanding of operating the store on a day-to-day basis. In addition, each new owner is strongly encouraged to attend our classroom-training course conducted at our Corporate Headquarters prior to the actual opening of the store. A PARTIAL list of the table of contents of the Operations Manual includes: � Store Build Out and Preparation � Cash Management � Hours of Operation � Inventory Order and Control Merchandise Ordering � Merchandising � Store security � Employee Handbook |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Because there is a wealth of information to be discussed and digested, our training team is in contact with the storeowner on a very regular basis prior to opening and then on a daily basis after the store is operational. At the end of the first 30 days of business, our Company performs a formal review of the new store. The Store Owner submits a video of the entire store; this video is reviewed in conjunction with the daily sales, purchasing log and advertising history. Our Senior Management Staff handles the 30-day review in the spirit of making sure the new owner is perfectly trained and headed in the right direction. Professional, fast and friendly service is what you receive at Discount Party Store Developers, Inc. |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
International franchisees required to buy multiple units/master licenses; 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) | We DO Want You To *Name Your Store *Choose Your Hours of Operations *Choose What Items to Sell *Choose How To Advertise *Have Complete Control *Be Your Own Boss You Decide Which Do's & Don'ts Are Most Important To You. |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
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. The Party Land Franchise provides a proven business format that's been in use for over 23 years in communities all around the globe. Our Franchise Development Program provides you with access to Party Land's proven methods and business systems. We get you started right away with everything that you need to succeed. Party Land provides expert product selection guidance, pricing, merchandising, professionally designed advertising materials and complete training/preparation and ongoing support and guidance that quickly makes even the most novice owner/operator into a successful businessperson and recognized party professional. Party Land, Inc. is the worldwide leader in this category and when you join our family of Franchise Owners we provide you with what you need to know to quickly and easily enter this fun and profitable part of the business world in your own Party Land franchise.
Discount Party Store Developers, Inc. is a business opportunity, NOT A FRANCHISE! Discount Party Store Developers, Inc. is affiliated with one of the largest retail business opportunity developers in the country. In a little over 12 years they have opened over 1,500 successful retail outlets in the U.S. helping independent storeowners achieve their dreams of business freedom and financial success. Now the same strong business philosophies, dedicated & professional staff, and broad network of resources has developed new and exciting business opportunities such as Discount Party Store Developers, Inc. Experts at site selection, lease negotiations, financing options, merchandising, development, training and customer service, we can take the guess work out of the most difficult part of going into business for yourself, GETTING STARTED. We also have a distinguished history of supporting our locations with an experienced staff that is always on top of the newest trends and the latest technologies and have teamed up with experts in the field to ensure future growth. You will always have the benefit of the most up-to-date supplier and equipment information, as long-term support is the cornerstone of our, and your success. Our pledge is to consistently exceed our clients' expectations, provide superior value and long term support while maintaining the highest ethical standards. The company recognizes that the professionalism and dedication of each staff member are the keys to the clients' success.