|
Below is an in-depth analysis and side-by-side comparison of The Little Gym vs Par-T-Perfect including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $174,900 - $456,500 | $4,995 - $6,995 |
Franchise Fee | $39,500 - $59,500 | N/A |
Royalty Fee | 8% | - |
Advertising Fee | 1% | - |
Year Founded | 1976 | 1996 |
Year Franchised | 1992 | 2001 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 55 hours Classroom Training: 100 hours Additional Training: At existing franchise location | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates National Media Social media SEO Website development Email marketing | - |
Operations |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 5 - 7
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Par-T-Perfect was established in 1988 to meet the public's growing demand for high quality, unique home based children's birthday parties. Today Par-T-Perfect is Canada's largest specialty children's party and event service. We are an economical and exciting alternative; we will plan and execute your children's special occasion. The main services provided to our customers include: * Parties - birthday, Halloween, Easter, etc. * Corporate - summer company picnics and Christmas parties. * Festivals and community events - provide inflatables, face painting, themed characters * Grand Openings - for various retail outlets and new businesses * Schools - fun fairs and events * Church events - various celebrations and events