BRICKS 4 KIDZ Franchise Startup Cost, Profit Margin, Revenue and Locations
Most franchises started out of the need of the people, some are borne out of the sheer love and desire of the concept. You will hardly see a franchisee that combines all these features equally. Bricks 4 Kidz is a franchise that combines all these and ever since the company was founded, it has been a favourite household name and that is the main reason why entrepreneurs with passion for kids want to know how much is a Bricks 4 Kidz franchise?
FRANCHISE INFORMATION ABOUT BRICKS 4 KIDZ INC.
Bricks 4 Kidz was founded by a passionate woman, Michelle Cote in Florida in the year 2008. The company offers Lego-brick construction activities that are designed by architects and engineers and mostly utilised at pre-school classes, birthday parties, summer camps, and after-school classes. The company began selling franchise a year after it was established, bearing from the instant success it had from inception.
IS BRICKS 4 KIDZ A FRANCHISE?
For entrepreneurs that are so passionate in the kindergarten playing tools for kids, they might want to know if Bricks 4 Kidz sells franchise opportunities. Yes the Bricks 4 Kidz is a franchise and they started selling franchises since the year 2009.
BRICKS 4 KIDZ FRANCHISE OFFER
The company grants their franchisees the license to operate their business under the Bricks 4 Kidz brand name and other trademarks, service marks, trade names and commercial symbols.
DO I NEED ANY EXPERIENCE TO OPEN A BRICKS 4 KIDZ FRANCHISE
No experience is needed to open a Bricks 4 Kidz franchise, the company provides intensive training, which will include marketing, accounting, operations, promotions and technology training, for all their new franchisees.
WHY SHOULD I OPEN A BRICK 4 KIDZ FRANCHISE?
As a business person, you might be caught up in between two worlds as to whether you should startup your business or buy into a franchise. Both have its own advantages, but you might want to consider getting a Bricks 4 Kidz franchise for this reason.
Bricks 4 Kidz Inc has developed a workable franchise model that has proven to be successful over the years. The company has honed their operations to give their franchisees the best opportunity they can get to achieve success. Then you don’t have to take the risk on your own when you can actually leverage on the company’s expertise and experience.
CAN I BE SUCCESFUL AS A BRICKS 4 KIDZ FRANCHISEE?
Some elements are necessary to be in place to make a successful Bricks 4 Kidz franchisee:
- The concept
- The location
- And then the franchise manager
The company offers a very good concept and they will as well assist you with the getting a very good location for your business. Now the main element is you as the franchisee. The efforts you input into the system will determine your eventual success. Your commitment will go a long way into helping you break even and make headways in the business.
HOW MUCH DOES A BRICK 4 KIDZ FRANCHISE COST?
Buying into a Bricks 4 Kidz franchise opportunity can be so lucrative, but quite tasking financially. The total investments that you will need to open a Bricks 4 Kidz franchise will be between $34,525 to $52,775. You will also be expected to have a net-worth requirement of about $50,000 and then a liquid cash requirement of $30,000.
BRICKS 4 KIDZ FRANCHISE FEE
As part of the Bricks 4 Kidz franchise cost is the Bricks 4 Kidz franchise fee which is the payment that you will make to the company to give you the license to operate under their brand name. The Bricks 4 Kidz initial franchise fee is $26,900 and then an on-going royalty fee of 7% as well as an ad royalty fee of 2%.
DOES BRICKS 4 KIDZ OFFER FINANCIAL ASSISTANCE?
Bricks 4 Kidz does not offer any form of financial assistance, either directly or indirectly, to their franchisees. Neither do they guarantee any form of franchisee’s note, obligation or lease.
TRAINING AND ASSISTANCE
Every Bricks 4 Kidz franchisee is entitled to a mandatory training to get them prepared for the kick off of their franchise unit. Training will hold for an approximate 4 days. This is besides the on-site support that will still be granted to the franchisee.
TERMS OF AGREEMENT
The period at which a franchisee will hold the licence to operate under the company’s name is 10 years. If the franchisee is able to meet up with the company’s terms and conditions for renewal, another term of 10 years may be granted to the franchisee.
HOW TO OPEN A BRICK 4 KIDZ FRANCHISE
Once you have been able to get yourself acquainted with all the information you need on how open a Bricks 4 Kidz franchise. The next step you are expected to take is to submit your application to the company’s website. The application will be reviewed and feedback will be given to you. Once your application is approved, the company will assign to you a Bricks 4 Kidz Franchise manager who will work with his team to assist you in setting up you Bricks 4 Kidz franchise.
Also you need to ensure that you have the entire requirement for opening a Bricks 4 Kidz franchise in place, such as the financial requirements, qualification and required basic personal qualities.
Is Bricks 4 Kidz a franchise? How much does a Bricks 4 Kidz franchise cost? Do you need information on Bricks 4 Kidz franchise cost and requirements to open one?
The Bricks 4 Kidz franchise specializes in the provision of training for kids mostly within the age grade of 3 to 13. This training makes use of LEGO bricks to impart engineering skills, principles and methodology through actively engaging them in camps, parties and classes.
The Bricks 4 Kidz franchise is a flexible business opportunity that can be operated either full time or part time. Here, the franchisee has the freedom of choice to decide how to manage his/her franchise.
Founded by Michelle Cote in 2008, the Bricks 4 Kidz franchise has grown to become an attractive investment option for prospective franchisees with interest in this sector. With its corporate headquarters located at St. Augustine, Florida, the Bricks 4 Kidz franchise opened its franchising arm for investments a year after it was founded in 2009. Creative Learning Corp. is its parent company, while Rod Whiton is its CEO.
Currently, the Bricks 4 Kidz franchise has grown into a global brand with presence in over 12 countries, and is arguably among the fastest growing franchises in the world today, with its franchise outlets in excess of 280 across the globe.
Benefits of Owning a Bricks 4 Kidz Franchise
This franchise opportunity presents enormous investment benefits to its franchisees. The Bricks 4 Kidz Franchise is a global brand that boasts of an established track record of excellence. The confidence of doing business with a market leader has far reaching effects on the way the business enterprise is run.
The Bricks 4 Kidz franchise has a proven home-based business model that has been effective over the years, delivering effective services to the client, while creating attractive income streams for the franchisee. This is in addition to the fact that the startup costs required are relatively lower, compared to other investment opportunities of similar scale.
This franchise opportunity is quite easy, and can be easily taught to anyone. Hence, the franchise candidate does not have to go through rigorous training procedures. Also, the Bricks 4 Kidz franchise has an attractive return on investment that is quick. The best part of it is that there is no national competition.
As a result, franchisees are assured of realising immense profits because they are the only providers of this critical service.
Bricks 4 Kidz Franchise Startup Costs
The Bricks 4 Kidz franchise has certain startup costs its franchisees must incur. These are in the forms of an Initial Investment sum starting from $34,525 to $52,775, a net-worth requirement of $50,000, and a liquid cash requirement of $30,000.
Bricks 4 Kidz Franchise Fee
The Bricks 4 Kidz franchise charges a franchise fee starting from $26,900. Payment of the franchise fee is a mandatory requirement to qualify for consideration. However, under its financing options, there are certain categories of franchise candidates such as veterans that qualify for financing or discount.
Under the Bricks 4 Kidz franchise veteran incentives program, veterans enjoy a 10% discount off the franchise fee. This is the franchisor’s way of appreciating them for their selfless service to their country.
Bricks 4 Kidz Franchise Ongoing Costs
The Bricks 4 Kidz franchise has associated ongoing costs that must be paid by the franchisee to the franchisor. These ongoing costs are in the form of an ongoing royalty fee of 7% and an advert royalty fee of 2%. Larger sized Bricks 4 Kidz franchises attract higher ongoing costs as compared to smaller sized franchises which typically pay lower ongoing costs.
Bricks for Kidz Franchise Training and Support
Bricks 4 Kidz franchise offer a comprehensive training program for its franchisees that involves a training session at its corporate headquarters that lasts a period of 5 days. There is an additional on-site training that lasts a day. Franchisees enjoy a robust support provided by the franchisor. This support is of two kinds; the ongoing support and marketing support.
For the ongoing support, it covers a wide range of areas critical to the success of the franchise. These include field operations, the provision of internet services, plus a newsletter publication. Other areas of support include the provision of security, meetings held occasionally to update the knowledge and expose its franchisees to new innovations, and a purchasing cooperative.
Marketing support covers the use of both national and regional media for advertisements, cooperative advertising and ad slicks.
Bricks 4 Kidz Franchise Terms of Agreements/Renewal
Under the Bricks 4 Kidz franchise terms of agreements/renewal policy, the term length lasts for 10 years. However, renewal depends on meeting the franchisor’s conditions. If the conditions are met, an additional 10 year successor franchise term is added.
How to Open a Bricks 4 Kidz Franchise
To own a Bricks 4 Kidz franchise, an online application has to be made. First visit the franchisor’s website on http://www.bricks4kidz.com/franchise-info/international-franchise-information/ here, an online application form is made available. Carefully fill this form with the required personal details and submit.
This also includes your financial status. Qualified applicants are contacted by the franchisor through a representative using the contact details supplied during the application process.
The Bricks 4 Kidz franchise is in focus to provide critical information for investors interested in applying for this investment opportunity. With the information supplied, investors are guided on taking informed decisions.