OFFICIAL FILING · MN · 2018
BRICKS AND MINIFIGS FDD (Franchise Disclosure Document) — 2018
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). BRICKS AND MINIFIGS's most recent FDD tracked here was filed in 2018 with the Minnesota Department of Commerce (public CARDS portal) — and because registration-state filings are public records, you can read it free, without giving a broker your phone number.
THE SAME DOCUMENT SITES SELL OR GATE BEHIND LEAD FORMS. FILED 2018 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $25K |
| ITEM 6 | Ongoing royalty | 6.0% of gross sales |
| ITEM 7 | Total initial investment | $109K–$276K |
| ITEM 3 | Disclosed litigation matters | 0 |
| ITEM 19 | Earnings disclosure (FPR) | Yes — median unit volume $235K (Table No. 1 — "2017 Net Revenue for Franchise Locations in Operation for at Least 12 Months as of December 31, 2017"; n=21 franchise locations (Franchise #1–21). Overall Average $248,440.99 annual / $20,703.42 average monthly; "# and % Above the Average 7 of 21 (33.3%)"; Median $234,931.38 annual / $19,577.62 monthly; Highest Number in Range $430,781.74; Lowest Number in Range $87,489.17. Note 1: "As of December 31, 2017, there were 34 total franchisees in operation (33 in the United States and 1 in Canada) and one Company-Owned Store. All of these locations are included in this disclosure. As of December 31, 2017, 21 franchisees had been in operation for at least 12 months and 13 franchisees had been in operation for less than 12 months." "Net Revenue" means gross revenue minus adjustments, discounts, credits, returns, and sales taxes.) |
| ITEM 20 | Outlets (fiscal 2017) | 34 franchised at year end · 0 exits (0.0% annualized) |
| ITEM 21 | Franchisor financial statements | clean (unqualified) audit opinion — YSL & Associates LLC |
Citation discipline: every figure above is extracted from the 2018 BRICKS AND MINIFIGS FDD as filed and links back to that document. Fields the filing did not state are omitted — nothing here is estimated, surveyed, or filled in from marketing material. FDDs are reissued annually; verify against the current issuance before relying on any number.
BRICKS AND MINIFIGS FDD questions, answered
Where can I download the BRICKS AND MINIFIGS FDD for free?
BRICKS AND MINIFIGS's 2018 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is BRICKS AND MINIFIGS's most recent FDD on file?
The most recent BRICKS AND MINIFIGS FDD tracked here was filed in 2018 with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually, so confirm you are reading the current issuance before signing.
Does BRICKS AND MINIFIGS's FDD disclose earnings (Item 19)?
Yes — BRICKS AND MINIFIGS makes a financial performance representation in Item 19 of its 2018 FDD, reporting a median unit volume of $235K. Read the basis fine print: franchisors choose which units and metrics to include.
What does BRICKS AND MINIFIGS's FDD Item 20 show?
In fiscal 2017, BRICKS AND MINIFIGS ended with 34 franchised outlets; 0 of 19 open at the start of the year left the system — an annualized exit rate of 0.0% (terminations, non-renewals, and "ceased operations — other reasons").
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing BRICKS AND MINIFIGS's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →