Birthday Party Business Opportunities:
A Look At The Industry
We Give Parents What They Are Looking For
Kidcreate Studios appeal to busy parents are who are turning to child entertainment franchises to create a special birthday party experience for their children. Kidcreate Studios take care of every aspect of the party, so parents can kick back and enjoy their child’s special day. At Kidcreate, we take care of everything from event planning and set up, to entertaining and engaging activities with the children, and finally the clean up when the party’s over. This is exactly the type of service parents are looking for as they are turning to children party businesses to host their children’s birthday parties.
Parents Are Willing To Spend Big On Their Children’s Parties
Parents are willing to spend big on their children. In fact, the average parent will spend $500 on their child’s first birthday. The birthday party business is generally regarded as a recession-resistant industry as parents will spend whatever they can afford on their kids, regardless of overall economic conditions. When it comes to selecting a party company, parents tend to choose bounce houses, video gaming setups, and art-focused businesses to entertain their children. With Kidcreate Studios, parents feel great about providing a fun experience for their kids that also educates and inspires.
Strong Market Opportunities
The child related services industry is a $48 billion a year industry that has seen steady growth at a rate of 1.5%. Although it is a multibillion dollar a year industry, there are no companies in the industry that currently dominate market share. With the number of children under 18 growing each year and no dominant force in the market there are huge opportunities for new children’s party franchises to establish successful business in their market.
The child related services industry is a $48 billion a year industry that has seen steady growth at a rate of 1.5%. Although it is a multibillion dollar a year industry, there are no companies in the industry that currently dominate market share. With the number of children under 18 growing each year and no dominant force in the market there are huge opportunities for new child entertainment franchises to establish successful business in their market.
Multiple Revenue Streams
With Kidcreate, our Franchise Owners have twice the opportunity for profits in the birthday party business market as we offer both in-studio birthday parties at our brick and mortar locations as well as the option to bring the party home with our mobile On-The-Go studio. By providing both of these options for our customers we are able to appeal to parents who would rather have their guest and the mess at the studio, as well as those that would like to have a fun, creative activity as an addition to their in home birthday party agenda. With no direct competitors in our space and the ability to provide our customers with the custom birthday party experience they are looking for, there are huge opportunities for revenue.
With busy parents, an exploding population of children who will need fun and engaging birthday parties each year, and multiple revenue streams, there is huge potential for success in owning your own franchise in the birthday party industry. Fill out the form below to find out more about getting started with your own successful child entertainment franchise with Kidcreate Studio.