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.
26% of parents report spending more than $500 for their kid's first birthday party.
The average revenue for hosting a children’s birthday party is $370.
SOURCE: Int'l Assoc. of Amusement Parks
There were more than 48 million children under the age of 11 in 2017.
SOURCE: Child Stats
The Party & Event Planners Industry as a whole makes $5 billion annually.
Int'l Assoc. of Amusement Parks
With today’s parents busier than ever, more and more are turning to children’s party companies to help them create special birthdays and events. These services appeal to parents that want to create memorable events for their kids but without the fuss of setting up or cleaning. From actual event and party planning franchises that focus on children to franchise opportunities that offer activities - like bounce play areas, video gaming set-ups, or artistic pursuits - there is a kid's party franchise opportunity waiting for you.
The National Association for the Education of Young Children says there are more than 73 million children under the age of 18 in the U.S. And each of those kids will have a birthday every year. If the size of that potential market isn’t enough to sway you that a children’s party franchise has the potential to be a profitable endeavor, consider that this line of work is simply fun. Running a business that hosts or plans for kid's celebrations is a surefire way to be proud of the service you provide to your community.
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