Children’s parties are big business, as more and more parents increase the amount they spend on event spaces, entertainment and even party favors. If you are intrigued by the opportunity to help families celebrate some of their biggest milestones with other family members and friends, a children’s party franchise may be the right business opportunity for you. There are many options to consider in this lucrative category, the key is to have a clear understanding of what your market needs.
Did You Know?
26% of parents report spending more than $500 for their kid's first birthday party.
SOURCE: SOURCE: BabyCenter.com
The average revenue for hosting a children’s birthday party is $370.
SOURCE: SOURCE: Int'l Assoc. of Amusement Parks
There were more than 48 million children under the age of 11 in 2017.
SOURCE: SOURCE: Child Stats
The Party & Event Planners Industry as a whole makes $5 billion annually.
SOURCE: SOURCE: IBISWorld
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