Bricks & Minifigs 2023 FDD

This 2023 Franchise Disclosure Document is background material for the Bricks & Minifigs dispute archive. It describes the Bricks & Minifigs franchise system, the franchisor, fees, startup costs, and operating model.

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It gives context for how Bricks & Minifigs presents the Bricks & Minifigs business model before the later dispute documents.

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Document typeFranchise disclosure document

Date2023

SourceBricks & Minifigs, Inc.

People / entitiesBricks & Minifigs; Bricks & Minifigs

PagesFDD PDF

Original fileBricks & Minifigs 2023 FDD.pdf

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FRANCHISE DISCLOSURE DOCUMENT Bricks & Minifigs FRANCHISING, INC. 225 West 520 North Orem, Utah 84057 www.BricksandMinifigs.com [email redacted] [phone redacted] The Franchise offered is for the operation of a retail store that buys and sells new and used LEGO® building bricks, minifigures and accessories to the general public under the name “Bricks and Minifigs®”. The total investment necessary to begin operation of a Bricks & Minifigs™ franchised business is $120,120 to $282,575. This includes $35,000 that must be paid to the Franchisor or its affiliate(s). To reserve a territory for multi-unit development, the up-front fee is an amount equal to $7,500 per franchise location to be developed and the total investment necessary to begin operations of the first Bricks & Minifigs™ franchised business is $81,620 to $223,075. This disclosure document summarizes certain provisions of your franchise agreement and other information in plain English. Read the disclosure document and all accompanying agreements carefully. You must receive this disclosure document at least 14 calendar days before you sign a binding agreement with, or make any payment to, the franchisor or any affiliate in connection with the proposed franchise sale. Note, however, no governmental agency has verified the information contained in this document. You may wish to receive your disclosure document in another format that is more convenient for you. To discuss the availability of disclosures in different formats, contact: Ammon McNeff, President, Bricks & Minifigs, Inc., 225 West 520 North, Orem, Utah 84057, [phone redacted]. The terms of your contract will govern your franchise relationship. Don’t rely on the disclosure document alone to understand your contract. Read all of your contracts carefully. Show your contract and this disclosure document to an advisor, like a lawyer or an accountant. Buying a franchise is a complex investment. The information in this disclosure document can help you make up your mind. More information on franchising, such as “A Consumer’s Guide to Buying a Franchise,” which can help you understand how to use this disclosure document, is available from the Federal Trade Commission. You can contact the FTC at 1-877-FTC-HELP or by writing to the FTC at 600 Pennsylvania Avenue, NW, Washington, D.C. 20580. You can also visit the FTC’s home page at www.ftc.gov for additional information. Call your state agency or visit your public library for other sources of information on franchising. There may also be laws on franchising in your state. Ask your state agencies about them. Issuance Date: March 31, 2023 Bricks & Minifigs® 2023 Franchise Disclosure Document Lego® is a registered trademark of the LEGO Group of companies which does not sponsor, authorize or endorse the Bricks & Minifigs® franchise How to Use This Franchise Disclosure Document Here are some questions you may be asking about buying a franchise and tips on how to find more information: QUESTION WHERE TO FIND INFORMATION How much can I earn? Item 19 may give you information about outlet sales, costs, profits or losses. You should also try to obtain this information from others, like current and former franchisees. You can find their names and contact information in Item 20 or Exhibits F and G. How much will I need to invest? Items 5 and 6 list fees you will be paying to the franchisor or at the franchisor’s direction. Item 7 lists the initial investment to open. Item 8 described the suppliers you must use. Does the franchisor have the financial ability Item 21 or Exhibit H includes financial to provide support to my business? statements. Review these statements carefully. Is the franchise system stable, growing, or Item 20 summarizes the recent history of the shrinking? number of company-owned and franchised outlets. Will my business be the only Bricks and Item 12 and the “territory” provisions in the Minifigs business in my area? franchise agreement describe whether the franchisor and other franchisees can compete with you. Does the franchisor have a troubled legal Items 3 and 4 tell you whether the franchisor or history? its management have been involved in material litigation or bankruptcy proceedings. What’s it like to be a Bricks and Minifigs Item 20 or Exhibits F and G lists current and franchisee? former franchisees. You can contact them to ask about their experiences. What else should I know? These questions are only a few things you should look for. Review all 23 Items and all Exhibits in this disclosure document to better understand this franchise opportunity. See the Table of Contents. Bricks & Minifigs® 2023 Franchise Disclosure Document Lego® is a registered trademark of the LEGO Group of companies which does not sponsor, authorize or endorse the Bricks & Minifigs® franchise

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