Andy Bailen

Clifton, NJ (USA)
Role(s):

Celebrations!

Find More Startups Startup
Location: Clifton
Industry: Retail/Clothing
Year Founded: 2003
Number Employees: INVALID
Description: PARTY SUPPLIES SUPERSTORE • Highly experienced management team with over 50 years of retail and 20 years of Party City experience • Concept is scalable to 500+ units domestically • Targeting 32 corporate stores and 24 franchise stores in the first four years post investment • Targeting $62.8 million in corporate sales, $113.4 million in total sales and $7.1 million in pre-tax profit in year four • Proven model: Party City generates sales from $2.2 million in an average mature store to $4 mil+ in top stores. 95% of consumers purchase party goods and spend an average of $250 per household annually • High margin business (51.5% GM) with upside • Stores are planned to be profitable in year one and EBITDA positive in every month at maturity • The party industry is highly fragmen
CEO

Celebrations!

Find More Service Providers Service Provider
Location: Clifton
Description: Retail merchandising, marketing & operations.
Services Provided:
  • Project Management
  • Project Management