Party America

Party America is a chain of stores that sell supplies for parties such as balloons, party favors, cards, seasonal items (e.g. fog machines for Halloween).[1]

There are 144 total Party America stores (not counting Paper Warehouse, the party store chain Party America owns) and they are located in 46 states (counting Paper Warehouse stores). Party America is not located in Maine, New Mexico, Hawaii, or Alaska.[2]

History

Party America had 1,764 employees in 2005. For fiscal year 2015 its revenue was $160 million.^[citation needed]

The Small Business Administration (SBA) lists Party America franchisees as eligible for "streamlined review" for SBA loans.[3]

Acquisition

In December 2005, Party America was acquired by Amscan along with Party City.

Party America was acquired by ABN AMRO in September 2006.[4] Party America's CEO in 2005 was Marty Allen.[5]

References

1. Party America website - About Archived 2007-11-27 at the Wayback Machine
2. Party America - Store locations ^[dead link‍]Archived 2007-11-16 at the Wayback Machine
3. "Franchise Registry". www.franchiseregistry.com. Retrieved 2021-01-14.
4. "Yahoo Finance - Stock Market Live, Quotes, Business & Finance News". finance.yahoo.com. Retrieved 2021-01-14.
5. "Marty Allen CEO, Party America, The executive behind the chain's comeback gives his take on the industry". Franchising.com. Retrieved 2022-03-19.