TL;DR
Bricks & Minifigs is a toy shop franchise with over 100 locations nationwide, offering a business model focused on LEGO sales and secondhand stores. The estimated initial investment required to begin operation of a Bricks & Minifigs franchise ranges from $147,500 to $304,100.
Franchise overview
Bricks & Minifigs is a toy shop with a specific focus on LEGO®. Serving as both a secondhand and new-sales store, the franchise extends the life of LEGOs and provides enthusiasts with a go-to place to give their pre-loved sets a new home and find their next favorites.
There are currently over 100 Bricks & Minifigs locations nationwide and several more in development. With a fairly consistent distribution across the country, Bricks & Minifigs is in a good position to continue backfilling key markets, solidifying its presence and increasing concentration across the U.S.
Bricks & Minifigs is a LEGO-focused toy store. The concept buys all types of LEGO products, from mini-figures and collector’s sets to bulk tubs and other miscellaneous pieces. Buying both new and used LEGOs allows Bricks & Minifigs owners to diversify their offerings, drawing in LEGO enthusiasts, families, young kids and everything in between while encouraging customers to “rebuild, reuse and reimagine.”
According to the brand’s 2024 Franchise Disclosure Document, the highest-performing outlet reported $1,210,402 in revenue in 2023. The systemwide revenue average for 2023 was $579,852.
Investment costs
The estimated initial investment required to begin operation of a Bricks & Minifigs franchise ranges from $147,500 to $304,100. This includes the following costs:
Initial Franchise Fee: $40,000
Computers, Software POS System and Office Supplies: $2,500 - $4,500
Furniture and Fixtures: $11,500 - $20,000
Real Estate: $4,000 - $13,000
Leasehold Improvements: $10,000 - $40,000
Utility Deposit: $500 - $1,200
Inventory: $30,000 - $70,000
Uniforms: $400 - $700
Signage: $6,000 - $14,000
Grand Opening Marketing: $5,000 - $7,500
Staffing (first three months): $8,000 - $22,000
Insurance (12 months): $2,500 - $5,000
Travel, Lodging, and Meals for Initial Training Program: $900 - $3,000
Business Licenses, Permits, and Professional Legal and Accounting Fees: $1,200 - $3,200
Additional Funds (3 Months): $25,000 - $60,000
Bricks & Minifigs charges a $40,000 franchise fee.
Ammon McNeff — Chief Executive Officer, President
Matthew McNeff — Chief Operations Officer
Adam Brimhall — New Unit Onboarding Manager
Reed Brimhall — Chief Financial Officer
Darin Hicks — Chief Development Officer
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In this story
This story was originally published in 1851 Franchise on September 30, 2024. Burnaze summarizes and links to the original reporting.
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