Party Fiesta was funded in 1994 in Spain, and in a brief period of time has turned to be the number one party and fancy-dress company in Europe. Thanks to an aggressive, fast and emerging international expansion, the enterprise counts with 85 shops around the globe. 9 countries are right now involved in the project: Spain, Portugal, France, UK, Dominican Republic, Andorra, Slovakia, Morocco and Pakistan.
Products and services providedParty Fiesta works with more than 10.000 items targeted towards many different types of parties and celebrations. The company offers daily products such as: children birthday products, balloons, senior birthday products, decoration items (table decorations, festive decorations, rustic decorations, etc.), theme party items, joke items, stag night products, sweets and beverages; and seasonal campaign products thought for Halloween, Christmas, New Year’s Eve, the Three Kings Day, Carnival, Valentine´s Day, Easter, for Weddings, for Baptisms and Communions, Summer, and for the “back to school” campaign. Funny, amusing and original celebrations/events, meant for all ages and also for businesses.
The company is a pioneer in introducing party items around Europe, and is constantly innovating. In 2010 Party Fiesta launched its online store and introduced a new concept: the “Balloon Wall” (an attractive balloon space in each store where Bouquets and balloon structures are displayed).
Franchise Advantages• Leading company in Europe in international growth.
• More than 10.000 items.
• More competitive prices.
• Sector on the rise with limited/low/weak competition.
• High profit margins (60%).
• Know-how and experience since 1994.
Financial conditionsWholly-owned stores: 27 (25 Spain and 2 International).
Franchise stores: 58 (30 Spain and 28 International).
Initial investment: 75.000€ (civil work execution not included).
Entrance fee: From 9.000 to 18.000€ (depends on store format).
Royalty: 4% net sales.
Advertising fee: No additional cost.
Store minimum area: 150 m² (highly desired: 180/200 m²).
Store location: Shopping malls preferably.
Contract period: 5 years.
Payback period: 2-3 years.
Store employees: According to profit and loss account/income statement.
Store requirements: 8 meters of façade/storefront.
Observations: The adaptation work (light, electricity, air conditioning, etc.) is not included/comes aside.