7 Party Favors Business Success Stories [2024]

Updated: November 19th, 2023
Start A Party Favors Business

Here are some real life success stories of starting a party favors business:

1. The Party People ($4.8M/year)

Dean Salakas, Chief Party Dude at The Party People, initially got involved in the party business at a young age, working with his mother and grandfather in their small party store. He later launched Australia's first online party store in 1999 and has since grown the business into Australia's largest party store with a multimillion-dollar turnover and a market-leading online presence. Dean's expertise in technology and his passion for parties have been key factors in the success and growth of The Party People.

How much they make: $4.8M/year
How much did it cost to start: $500
Current team size: 40

article

Starting A Party Store And Growing Into A Chain

The Party People, Australia's largest party store with a multimillion-dollar turnover, shares insights on how they've grown from a small clown hire business to an online and brick-and-mortar party supply retailer by focusing on customer service and innovating in marketing and technology.

About
Dean started The Party People over 38 years ago
Revenue
Dean grew the business to $400K/month
Costs
It cost Dean $500 to start the business
Read by 9,093 founders

So... can you actually make money with a party favors business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Alibaba

Find quality Manufacturers, Suppliers, Exporters, Importers, Buyers, Wholesalers, Products and Trade Leads from our award-winning International Trade Site. Import & Export on alibaba.com

Where they're located: San Antonio, Texas, USA
Website traffic: 101M/month

article

5. Oriental Trading

Where they're located: Nashville, Tennessee, USA
Website traffic: 5.89M/month

article

So... can you actually make money with a party favors business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. Dollar Tree

Where they're located: Laredo, Texas, USA
Website traffic: 9.99M/month

article