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Wednesday
Jun022010

The Party Image Franchise

Pampering spa parties for girls 17 & under

Start-up Costs & Franchises Fees

What is the total cost to open a The Party Image Franchises?

Total Cost: $46,000 USD -$80,000 USD
Total Franchise Fees: $20,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: Not Available
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $1000

Contact Information for The Party Image

The Party Image
109 E. Main St.
Round Rock, TX
78664

Phone Number: (512)218-9390
Fax Number: (512)218-9970

Franchise Homepage:

Historical Expansion

In what year did The Party Image begin operations? 2005
When did The Party Image begin selling franchises? 2006

Year United States Canada International Corporate
2007 0 0 0 3

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No Yes
Initial Start-up Capital No Yes
Plant, Property, and Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Training & Support

Training
Available at headquarters: 4 days

Franchise Operation Restrictions

* 0% of all franchise business owners own more than one franchise location.

* Number of employees needed to run franchised unit: 8 - 10

* Absentee ownership of this franchise business is not available to new franchisees.

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
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