BRICKS 4 KIDZ Franchise Disclosure Document (FDD) Free Download
The Bricks 4 Kidz Franchise Disclosure Document contains 23 Items of information about the Bricks 4 Kidz franchise chain, franchisor organization and the terms of the Bricks 4 Kidz franchise agreement. We have posted the 2015 Bricks 4 Kidz Franchise Disclosure Document here for free download.
(UnhappyFranchisee.Com) The Bricks 4 Kidz Franchise Disclosure Document (FDD) is posted here below as free download. Under the Federal Trade Commission (FTC) Franchise Rule, a prospective franchisee must receive the franchisor’s FDD franchise disclosure document at least 14 days before they are asked to sign any contract or pay any money to the franchisor or an affiliate of the franchisor.
Introduction to the Bricks 4 Kidz Franchise (from the FDD)
As a Bricks 4 Kidz® franchisee, you will own and operate a service business within a defined exclusive territory, providing project-based programs designed to teach principles and methods of engineering to children, ages 3-13+, using LEGO® bricks.
The total investment necessary to begin operation of a Bricks 4 Kidz® franchise is from $33,800 to $51,050. This includes a franchise fee of $25,900 which must be paid to the franchisor.
As a Bricks 4 Kidz® franchisee, you will own and operate a service business (the “BUSINESS”) within a defined exclusive territory, providing project-based programs designed to teach principles and methods of engineering to children, ages 3-13+, using LEGO® bricks. You will offer these programs through after-school classes in preschools, elementary, and middle schools, in-school field trips, camps (during school holidays and summer vacation) and birthday parties.
The general market for your BUSINESS is primarily children between the ages of 3 and 13+, but we may develop programs for other age groups including adults. You will compete with other companies and non-profit organizations that offer similar classes, camps and birthday parties.
If you elect to enter into the Addendum to the Franchise Agreement for the additional, but not material, right to conduct classes and provide programs in the field of team-building and development (collectively, the “B4B Services”) under Franchisor’s service mark “Bricks 4 Biz”‘” (the “848 Mark”), you will, in addition to the services provided by you under the Bricks 4 Kidz® BUSINESS, have the right to provide the B4B Services to adults 18+, subject to the terms and conditions of the Addendum.
The Headquarters is located at
Bricks 4 Kidz®
701 Market St., Suite 113
St. Augustine, Florida 32095 904-825-0873
Bricks 4 Kidz Franchise Disclosure Document (FDD) Table of Contents
TABLE OF CONTENTS
ITEM PAGE
ITEM 1 THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES…. 5
ITEM 2 BUSINESS EXPERIENCE…. 6
ITEM 3 LITIGATION….. 7
ITEM 4 BANKRUPTCY…. 8
ITEM 5 INlTIAL FRANCHISE FEE…. 8
ITEM 6 OTHER FEES…. 9
ITEM 7 ESTIMATED INlTIAL INVESTMENT…. 11
ITEM 8 RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES…. 13
ITEM 9 FRANCHISEE’S OBLIGATIONS…. 15
ITEM 10 FINANCING…. 16
ITEM 1 1 FRANCHISOR’S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, & TRAINING…. 16
ITEM 12 TERRITORY…. 22
ITEM 13 TRADEMARKS…. 24
ITEM 14 PATENTS, COPYRIGHTS AND PROPRIETARY INFORMATION…. 25
ITEM 15 OBLIGATION TO PARTCIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS 26
ITEM 16 R ESTRICTIONS ON WHAT THE FRANCHISEE MAY SELL…. 26
ITEM 17 R ENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION…. 27
ITEM 18 PUBLIC FIGURES…. 28
ITEM 19 FINANCIAL PERFORMANCE REPRESENTATIONS…. 28
ITEM 20 OUTLETS AND FRANCHISEE INFORMATION…. 29
ITEM 21 FINANCIAL STATEMENTS…. 35
ITEM 22 CONTRACTS…. 36
ITEM 23 RECEIPT…. 36
EXHIBIT
| A. FINANCIAL STATEMENTS
B. FRANCHISE AGREEMENT C. LIST OF CURRENT FRANCHISEES D. TABLE OF CONTENTS OF OPERATIONS MANUAL |
E. LIST OF STATE ADMINISTRATORS
F. LIST OF AGENTS FOR SERVICE OF PROCESS G. STATE SPECIFIC DISCLOSURES AND SPECIFIC ADDENDA TO AGREEMENTS H. DISCLOSURE DOCUMENT RECEIPT |
Bricks 4 Kidz Franchise Disclosure Document (FDD) 2015 – Free Download:
Bricks 4 Kidz Franchise Disclosure Document (FDD) 2015 – PDF
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