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General

Industry

Children Programs

Category

STEM

SBA Identifier

S0252

Year of Founding

2009

Fees

Marketing Fee

2%

Royalty Fee

7%

Franchise Fee

$24,995-$24,995

Investment Range

$32K-$48K

Location units

Total U.S. Locations

271

U.S. Franchised Units

271

U.S. Corporate Units

0

Headquarters (City)

St. Augustine

Other

Item 19 - Franchise Financials

No

Financing Availability

yes

Started Offering Franchises

2009

Issuance of FDD Data

03/26/2021

What to know about Bricks 4 Kidz franchise?

The franchise offered is for the right to operate a Bricks 4 Kidz franchised business offering projectbased programs designed to teach principles and methods of engineering to children between the ages of 3 and 13+ using LEGO bricks and utilizing the Bricks 4 Kidz System.

Bricks 4 Kidz is based in St. Augustine, FL. Scroll down to learn more!

How much does a Bricks 4 Kidz franchise cost?

Are you wondering how much is a Bricks 4 Kidz franchise? Before starting a Bricks 4 Kidz franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Bricks 4 Kidz franchise is $32,120 and can go all the way up to $47,970. Keep in mind, you should also allocate additional funds to live off of while the Bricks 4 Kidz business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Bricks 4 Kidz franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Bricks 4 Kidz business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Bricks 4 Kidz franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Download our guide to compare Bricks 4 Kidz. Hotels to the STEM, Outdoor Children Programs industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2018 424 6 45 385
2019 385 8 82 311
2020 311 0 40 271

Additional Details

How much does a Bricks 4 Kidz franchise owner make?

Bricks 4 Kidz franchise earnings and revenue can vary significantly from one franchisee to another.
The Bricks 4 Kidz franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Bricks 4 Kidz unfortunately does not disclose financials on how much Bricks 4 Kidz franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Bricks 4 Kidz does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Bricks 4 Kidz franchisees. Do note that Bricks 4 Kidz is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Bricks 4 Kidz franchisees to understand how much money they are making from their Bricks 4 Kidz business.

You should also speak to former Bricks 4 Kidz franchisees to understand why they left the system. Did they sell their Bricks 4 Kidz at a profit? Were they forced to close their Bricks 4 Kidz franchise down because it kept losing money?

What is the Bricks 4 Kidz franchise fee?

Owning a Bricks 4 Kidz franchise requires 7% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Bricks 4 Kidz Franchise Disclosure Document

Keep in mind, there is also an initial Bricks 4 Kidz franchise fee of $24,995 that is included in the initial investment amount of $32,120 to $47,970. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Bricks 4 Kidz franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Bricks 4 Kidz franchise fee of $24,995.

Visit the Bricks 4 Kidz metrics tab to explore the financials for this business, royalty and marketing fees compare to other Children Programs franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Bricks 4 Kidz founded?

Bricks 4 Kidz started offering franchises in 2009. Bricks 4 Kidz was founded 13 years ago in 2009.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Bricks 4 Kidz locations are in the U.S.?

As of 2021, there were 271 locations across the U.S. There are also 0 corporate locations. Most Children Programs franchises like Bricks 4 Kidz have more franchised locations than corporate locations.

How many Bricks 4 Kidz franchises opened over the past few years?

Over the prior 3 years we have data for, Bricks 4 Kidz has opened 14 outlets throughout the U.S. Visit the Bricks 4 Kidz metrics tab to explore how the openings compare to other Children Programs franchises.

How many Bricks 4 Kidz franchises closed over the past few years?

Over the prior 3 years we have data for, Bricks 4 Kidz has closed 167 outlets throughout the U.S

Visit the Bricks 4 Kidz metrics tab to explore how the openings compare to other Children Programs franchises.

Is Bricks 4 Kidz growing? Are they opening more locations than they are closing?

The net unit growth rate for Bricks 4 Kidz over the past 3 years is -36%. Over the last year we have data for, Bricks 4 Kidz had a net unit growth rate of -13%.

Without a comparison, this number doesn’t mean much. Compare how the Bricks 4 Kidz growth rate compares to 2,000+ other franchises and Industry franchises like Bricks 4 Kidz. More info in the Bricks 4 Kidz metrics tab.

Is Bricks 4 Kidz franchise eligible for an SBA Loan?

Bricks 4 Kidz is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Bricks 4 Kidz franchise was assigned the SBA Franchise ID of S0252 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Bricks 4 Kidz that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Bricks 4 Kidz a franchise in the United States?

According to the SBA, Bricks 4 Kidz meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Bricks 4 Kidz provides you with an FDD if you are in discussion to buy a Bricks 4 Kidz.

What is the Bricks 4 Kidz Franchise for Sale Rate?

The Bricks 4 Kidz systemwide health and franchisee satisfaction can be measured by the Bricks 4 Kidzfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Bricks 4 Kidz franchise for sale rate over the past 3 years is 21%. Over the last year we have data for, Bricks 4 Kidz had a franchise for sale rate of 14%.

Without a comparison, this number doesn’t mean much. Compare how the Bricks 4 Kidz franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Bricks 4 Kidz. More info in the Bricks 4 Kidz metrics tab.

What is the Bricks 4 Kidz Franchise Failure Rate?

Bricks 4 Kidz franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Bricks 4 Kidz failure rate over the past 3 years is 62%. Over the last year we have data for, Bricks 4 Kidz had a franchise failure rate of 15%.

Without a comparison, this number doesn’t mean much. Compare how the Bricks 4 Kidz franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Bricks 4 Kidz. More info in the Bricks 4 Kidz metrics tab.

How can I find out more details on Bricks 4 Kidz franchise?

Visit the Bricks 4 Kidz metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Bricks 4 Kidz

$40,045

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Bricks 4 Kidz

7%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Bricks 4 Kidz

$24,995

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

Download Latest FDD (2021)

General

Industry

Children Programs

Category

STEM

SBA Identifier

S0252

Year of Founding

2009

Fees

Marketing Fee

2%

Royalty Fee

7%

Franchise Fee

$24,995-$24,995

Investment Range

$32K-$48K

Location units

Total U.S. Locations

271

U.S. Franchised Units

271

U.S. Corporate Units

0

Headquarters (City)

St. Augustine

Other

Item 19 - Franchise Financials

No

Financing Availability

yes

Started Offering Franchises

2009

Issuance of FDD Data

03/26/2021

Detailed Franchise metrics for Bricks 4 Kidz

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Bricks 4 Kidz below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Bricks 4 Kidz

$24,995

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2021)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Bricks 4 Kidz

26%

62%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Bricks 4 Kidz

5%

21%

Industry median

All franchises median

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Business details

Website

https://***********.com

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Business email

**********@******.com

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Mailing address

475 W Town Place, Suite 205 A

State headquarters

Florida

Key leadership

Bricks 4 Kidz

Phone

+1 (000) 0********00

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City

St. Augustine,

Zip code

32092
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