BRICKS 4 KIDZ Franchising Information & Startup Cost
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.