In just one week of trading, the Newcastle branch of The Party Tent Company managed to pull in £1,843, and is hoping to continue along this path of success.
In Newcastle, The Party Tent Company’s new franchise is thriving and celebrations are underway. According to employees, the hugely successful first week of sales occurred for four key reasons:
1. The team, the location and the customers were all the right fit for each other.
2. The franchisees involved truly understood The Party Tent Company’s business model.
3. The Party Tent Company offered franchisees regular contact and support.
4. The Party Tent Company provided marketing assistance pre-launch.
The Party Tent Company was established back in 2011, by Iain Griffiths. The established and growing brand operates in a niche market, providing customers with party tents for smaller events. By doing this, the events franchise has found great success and has now served over 1,500 customers. The Party Tent Company’s party tents are perfect for all kinds of celebrations including garden parties, village fetes, trade shows and smaller corporate events.
To join this thriving business, you’ll need to make a minimum investment of £12,000, with an additional £10,000 in franchise fees. You’ll be charged an additional 1.25% for advertising, and 6% for royalties. After two years, your expected revenue as a franchisee will sit around the £150,000 figure.
The franchise isn’t looking for franchisees with prior experience in the events sector. Instead, it’s hoping to find a potential franchisee who is an optimistic, personable and responsible candidate, able to follow a proven and successful system of operations. If this feels like you, and you think you might be the right fit for an investment in the company, know that all new franchisees receive a high standard of initial training and ongoing support.
For more information about The Party Tent Company, visit its profile page, which you’ll find linked above.
Lily Sweeney, Point Franchise ©
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