Franchise FAQ

is lego a franchise

by Dr. Marina Senger Jr. Published 2 years ago Updated 1 year ago
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Unfortunately, as of 2010, the LEGO Group does not offer any opportunities for franchise agreements. The company owns and operates its own LEGO stores in shopping malls around the world. Where LEGO Products Are Sold

Although LEGO doesn't offer franchises in the U.S., that doesn't mean you can't sell LEGO while getting the business support and brand recognition provided by a franchise. Bricks & Minifigs is a chain of stores that buys and sells LEGO bricks and toys, both new and used, with franchises across the U.S.Mar 4, 2020

Full Answer

What is the Lego Movie (franchise)?

The Lego Movie (franchise) The Lego Movie (or The Untitled Lego Cimematic Universe) is a media franchise based on Lego construction toys. It began with the 2014 film of the same name, which was directed and written by Phil Lord and Christopher Miller. The success of the film led it to receiving two licensed video games,...

What type of company is Lego?

Lego System A/S (trade name: The Lego Group) is a Danish toy production company based in Billund. It is best known for the manufacture of Lego -brand toys, consisting mostly of interlocking plastic bricks. The Lego Group has also built several amusement parks around the world, each known as Legoland, and operates numerous retail stores.

Does Lego still own the rights to the Ninjago franchise?

The franchise has received a generally positive critical reception, with the exception of The Lego Ninjago Movie which received mixed reviews, and has grossed $1 billion at the worldwide box office. While Warner Bros. still owns the rights to their run of the franchise from 2014 to 2020, including the Unikitty!

How did Lego become the most profitable company?

The increased profit was due to the enormous popularity of the new brand Ninjago, which became the company's biggest product introduction ever. In 2012, it was reported that The Lego Group had become the world's most valuable toy company ahead of Mattel with a value at over US$14.6 billion.

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Does LEGO have a franchise?

Bricks & Minifigs® has established itself as the first LEGO® resale franchise with an extremely loyal and rapidly-growing customer base. Bricks & Minifigs® is your one-stop aftermarket LEGO® shop!

What business type is LEGO?

Lego A/S (trade name: The Lego Group) is a Danish toy production company based in Billund, Denmark. It was founded in 1932. It manufactures Lego-brand toys, consisting mostly of interlocking plastic bricks.

What is LEGO's biggest franchise?

LEGO Star Wars™ and LEGO City continue to be the best selling product lines, with LEGO Ninjago, launched in 2011, following closely.

Who is LEGO owned by?

Kjeld Kirk KristiansenThe name 'LEGO' is an abbreviation of the two Danish words “leg godt”, meaning “play well”. It's our name and it's our ideal. The LEGO Group was founded in 1932 by Ole Kirk Kristiansen. The company has passed from father to son and is now owned by Kjeld Kirk Kristiansen, a grandchild of the founder.

What is the richest company in the world?

This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2022 rankings. American retail corporation Walmart has been the world's largest company by revenue since 2014.

Is LEGO privately owned?

Lego (/ˈlɛɡoʊ/ LEG-oh, Danish: [ˈle̝ːko]; stylized as LEGO) is a line of plastic construction toys that are manufactured by The Lego Group, a privately held company based in Billund, Denmark.

Is LEGO owned by Disney?

The LEGO Group is a privately-owned Danish multinational company that manufactures and licenses LEGO brand toys, video games, and theme parks.

How many franchises does LEGO have?

30 franchisesEach franchise has its own Adventure World, and all in Year 2 have a Battle Arena for each set. In-game content for Year 2 was introduced through digitally downloaded updates. There is a total of 30 franchises altogether, excluding LEGO Dimensions itself.

Which country buys most LEGO?

GermanyWhich Country Buys the Most Lego? Germany leads the way as the largest Lego market. Lego is also the top toy company in Germany, with the best-selling product lines being Technic and City. The USA is the second-largest market for Lego, where Bionicle and Star Wars themes are best sellers.

How much is LEGO worth?

approximately 9.1 billion U.S. dollarsIn 2021, the LEGO brand was valued at approximately 9.1 billion U.S. dollars....Brand value of LEGO worldwide from 2015 to 2021 (in million U.S. dollars)CharacteristicBrand value in million U.S. dollars--6 more rows•Mar 10, 2022

Can I buy stock in LEGO?

Does Lego Have Stock? The LEGO Group is a privately held company, so it does not have stock. You cannot buy LEGO stock at any price on the NYSE or any other exchange.

Is LEGO the biggest toy company?

In 2021, the Danish toy manufacturer known as LEGO had the highest annual revenue of the selected toy companies, generating revenues of approximately nearly eight and a half billion U.S. dollars that year.

What type of organizational structure does LEGO have?

The LEGO Group's top management consists of an Executive Leadership Team made up of seven members and a Board of Directors.

Is LEGO a listed company?

Does Lego Have Stock? The LEGO Group is a privately held company, so it does not have stock. You cannot buy LEGO stock at any price on the NYSE or any other exchange. The company is 75% owned by Kjeld Kirk Kristiansen, grandchild of the founder, Ole Kirk Kristiansen, and 25% by the LEGO Foundation.

Is a business model?

The term business model refers to a company's plan for making a profit. It identifies the products or services the business plans to sell, its identified target market, and any anticipated expenses. Business models are important for both new and established businesses.

How is LEGO socially responsible?

The LEGO Group sends 93% of all factory waste to be recycled, including 100% of plastic waste from our moulding machines, some of which is reused in our own manufacturing(5).

Is LEGO Franchise Ownership Possible?

Unfortunately, as of 2010, the LEGO Group does not offer any opportunities for franchise agreements. The company owns and operates its own LEGO stores in shopping malls around the world.

How to contact LEGO sales?

Business owners who want to sell LEGO products through their stores can contact LEGO’s Independent Toy Dealer Sales Department at 800-673-0360.

Where does Lego sell its products?

LEGO sells its products through various toy stores, specialty shops, national and international department store chains and catalogs. LEGO also sells directly to consumers online through its website.

Who is Joey Damiano?

Damiano holds a Master of Professional Writing from the University of Southern California. He also has a Master of Arts in literature and a Bachelor ...

Does LEGO franchise?

Unfortunately for investors, LEGO is not currently advertising franchising opportunities. The LEGO Group as a whole is mainly owned by KIRKBI A/S, a holding and investment firm for the Kirk Kristiansen family. KIRKBI A/S has a 75 percent share of the business, while the LEGO Foundation owns the other 25 percent.

How long has Lego been around?

LEGO has been around for over 85 years and has changed considerably over time. But where did it all start? Let’s take a look at the history of the toy company.

What is a LEGO brick vac?

The (sadly long discontinued) LEGO Brick Vac, a hand-operated gadget that let you roll up LEGO pieces quickly into one bin to save you the trouble of picking them all up while saving your feet from a world of pain as a welcome bonus.

What is a Lego theme?

In addition to the standard boxes of colored bricks that made it famous, LEGO has produced a large number of "themes": grouped collections of conceptually related playsets devoted to a specific setting or concept. The multitude of themes have explored a vast array of different time periods, settings, genres, themes, and even styles of building.

What is the Lego group?

the all-caps "LEGO" is a stylization, which you'll see throughout This Very Wiki. is a major toy company founded by carpenter Ole Kirk Christiansen in Billund, Denmark in 1932 that's world-famous for its line of construction toys, consisting of numerous plastic bricks.

What are the stickers on the Scooby Doo set?

Call-Back: The Scooby-Doo sets feature stickers that depict Johnny Thunder and the Prospector (from Minifigures Series 12) on them.

What is the theme park in Doom?

Amusement Park of Doom: Two in the DC line; a small funhouse featuring attractions for Joker, Harley Quinn, and the Riddler, and a much larger park with rides for Joker, Harley, Poison Ivy, and the Penguin. Both sets have several traps for Batman and Robin (and Beast Boy and Starfire) to face.

What toys are not age appropriate?

It's almost easier to list the ones they don't include: those owned by other toy companies (e.g., Transformers, Halo ), those not age-appropriate (e.g., Game of Thrones ), and Star Trek, which is thoroughly locked up by Hasbro. Advertisement:

Where did the name Lego come from?

The company's name comes from the Danish phrase "leg godt", which translates into English as "play well". While not an influence on the name, the fact that "LEGO" can also mean "I build" in Latin has been embraced by the LEGO Group.

How much did Legoland lose in 2005?

In 2005, The Lego Group reported a 2004 net loss of DKK1,931 million on a total turnover, including Legoland amusement parks, of DKK7,934 million. For 2005, the company returned a profit of DKK702 million, having increased its revenue by 12% to DKK7,050 million in 2005 against DKK6,315 million in 2004.

What company makes Lego interlocking bricks?

Further information: Interlego AG v Tyco Industries Inc. Since the expiry of the last standing Lego patent in 1989, a number of companies have produced interlocking bricks that are similar to Lego bricks. The toy company Tyco Toys produced such bricks for a time; other competitors include Mega Bloks and Best-Lock.

Why did Lego cut jobs?

The Lego Group announced on 4 September 2017 its intention to cut 1,400 jobs following reduced revenue and profit in the first half of the year, the first reported decrease in 13 years. The revenue losses are due to a more competitive environment, where the company has to compete not only against its traditional competitors Mattel and Hasbro, but also against technology companies such as Sony or Microsoft as more children use mobile devices for entertainment. The job cuts account for 8 percent of the company's total work force. In May 2018, the company made it to Forbes top 100 World's Most Valuable Brands 2018, being 97th on the list.

How many Legoland parks are there?

The Lego Group has built eight amusement parks around the world, each known as Legoland. Each park features large-scale Lego models of famous landmarks and miniature Lego models of famous cities, along with Lego themed rides. The first Legoland park was built in Lego's home town of Billund in Denmark.

How does Lego impact the environment?

Lego acknowledges the impact of its operations on the environment, in particular in areas such as climate change, resource and energy use and waste. All manufacturing sites are certified according to the environmental standard ISO 14001. The first Borkum Riffgrund 1 wind turbines off the coast of Germany began producing electricity in February 2015, which will help The Lego Group reach its goal of being based 100% on renewable energy by 2020. The company claims to recycle 90% of its waste and that it had made its operations nearly one-third more energy efficient over the five-year period ending 31 December 2013. It is seeking alternatives to crude oil as the raw material for its bricks. This results in the establishment in June 2015 the Lego Sustainable Materials Centre, which is expected to recruit more than 100 employees, as a significant step towards the 2030 ambition of finding and implementing sustainable alternatives to current materials.

What is the most valuable toy company in the world?

In 2012, it was reported that The Lego Group had become the world's most valuable toy company ahead of Mattel with a value at over $14.6 billion.

What was the budget deficit of Lego in 2003?

In 2003, The Lego Group faced a budget deficit of kr. 1.4 billion ( US$ 220 million at then-current exchange rates; equal to € 175 million), causing Poul Plougmann to be replaced by Kjeld Kirk Kristiansen as president. In the following year, almost one thousand employees were laid off, due to budget cuts. However, in October 2004, on reporting an even larger deficit, Kristiansen also stepped down as president, while placing kr. 800 million of his private funds into the company.

What is the collectathon grind?

The collectathon grind in The Complete Saga, which collects the first six episodes in the Skywalker Saga, is one that will always be enjoyable to go back to. However, TT Games wasn't content stopping there; it decided to top itself in almost every way with its Force Awakens tie-in game. The cinematic presentation of that specific entry seems to be carrying over into what is shaping up to be TT Games' potential magnum opus: Lego Star Wars: The Skywalker Saga. This franchise is the one that TT Games is clearly the most passionate about, seeing as they keep going back to this well to try and perfect their presentation. The reverence for this property can be seen in every part of these games, and hopefully, they will continue that tradition in 2021.

How many characters are there in Lego Marvel?

There are so many characters in the LEGO Marvel/Avengers games that it's a staggering task for even veterans of the modern LEGO series to seek them all out. With nearly five hundred total characters between their three Marvel titles so far, it's becoming hard to imagine just who TT Games would mine for their next entry into the Marvel Universe. Then again, nobody really thought Disney would be able to stick the landing of the Infinity Saga 22 movies later either, but look where we are now.

What is the Lego Rock Band?

Although the rhythm game genre is basically dead in the mainstream, Lego Rock Band was perhaps the last true aesthetic innovation in the space before it began its death spiral in the early 2010s. With a tracklist that included such classics as "Crocodile Rock" by Elton John, "Every Little Thing She Does Is Magic" by The Police, "In Too Deep" by Sum 41, "Let's Dance" by David Bowie, "The Final Countdown" by Europe, and even the Ghostbusters theme song, Lego Rock Band had plenty of reasons for players to add it into their party game rotation. Seeing a LEGO-fied Brian May shred a plastic guitar while "We Will Rock You" plays is something no self-respecting video game (or classic rock) fan should miss.

Is Incredibles 2 a Lego game?

Yet another LEGO adaptation that only serves to highlight the downfall of a beloved property. It's no secret that The Incredibles 2 is a much weaker film than its 2004 counterpart, but this LEGO game adaptation only serves to remind gamers of that at every single turn. This is perhaps the first time that adapting a specific property to LEGO felt like the property being adapted was being restricted by its LEGO coating. Being that this is an adaptation of an animated property, Lego The Incredibles feels like a strangely-charmless counterpart to a beloved Pixar classic.

Is The Wizarding World a LEGO game?

The Wizarding World finds what is perhaps still its best video game adaptation to date, LEGO or otherwise. The sights, sounds, and characters that any Harry Potter fan would expect to be in a game adaptation are there, making this one of the few LEGO adaptations whose licensed IP hasn't been totally soiled by unwatchable entries in their movie counterparts.

When did Lego Star Wars come out?

Before becoming TT Games, Traveler's Tales released the first Lego Star Wars game in 2005, just prior to the theatrical release of Revenge of the Sith. Without that game, players may never have gotten to experience the myriad ways that TT Games has adapted beloved IP into the humble, charming world of LEGO. It also helps that playing as a Jedi in the Lego Star Wars games felt better at the time than almost any previous Star Wars video game, and these aspects of the games have aged considerably well.

When was the first Lego Star Wars game released?

When the first Lego Star Wars game released in 2005, then-developer Traveler’s Tales, now known as TT Games, opened up a Pandora’s box in gaming that has yet to be shut. The result has been nearly two decades of quality titles crafted with one of the most iconic play brands in history. LEGO’s versatility in being able to be adapted ...

What is Bricks 4 Kidz?

Bricks 4 Kidz offers a science franchise opportunity to individuals passionate about helping shape young minds without having to build a business from the ground up. We work across the United States and on an international scale to provide mobile, low cost, home-based business teaching opportunities promoting STEM principles. Our team of passionate leaders strives to prepare every child to master the necessary skills to thrive in this rapidly changing world.

What age do kids learn to build with LEGO?

These classes are meant to be fun and engage kids’ creativity and curiosity. We encourage kids ages 3 to 13 and above to play, build and learn with LEGO® Bricks in the form of:

What is a LEGO workshop?

Workshops: Our workshops put cross-disciplinary curriculum objectives at the center and utilize LEGO® Bricks to deliver hands-on lessons.

How do kids learn?

We understand that kids learn best through play and hands-on experiences. Through active engagement and experimentation, children can mature emotionally, develop cognitive and social skills and gain the self-confidence required to engage in new environments.

What are the skills that preschoolers need?

Preschool programs: Our preschool programs, specifically designed for children ages three to four, reinforce essential preschool skills such as counting, patterning and letter, color and number recognition.

What is home office?

The Home Office is here to support and guide you every step of the way. Our monthly training webinars, job sourcing platform, social media content and ongoing curriculum development are all part of the support we offer to our owners. Being a part of a team allows you to focus on growing your business with the tools we provide to you.

Is Bricks 4 Kidz a good franchise?

Whether you are looking for a new career for you, your spouse, or both, a Bricks 4 Kidz franchise is the right choice for anyone looking for a family-friendly career.

How much does it cost to open a brick and minifig store?

Your total investment to open a Bricks & Minifigs store will depend on a number of factors but you can expect it to be $99,100 on the low end to $271,200 on the high end. This includes everything from your franchise fee to equipment, fixtures, and an inventory of products.

What is reuse in LEGO?

Reuse is our way of saying that we buy, sell and trade anything LEGO® brand and pay top dollar for it.

Does Bricks and Minifigs have financing?

At this time, Bricks & Minifigs does not offer any financing however we are on the SBA approved lending list.

Do bricks and minifigs have a 5 day training program?

Yes. We will provide you with a comprehensive 5-day training program that combines ‘on- the-job’ as well as classroom style training. You will be taught how to purchase products, basic operations, advertising strategies, customer service, merchandising techniques and employee hiring and retention, plus much more. In addition, we will provide assistance and guidance at your location to help with your pre-opening and grand opening of your store. And don’t forget, you are part of the Bricks & Minifigs family and we will always be there to help as you continue to run your business.

Can you add videos to your watch history?

Videos you watch may be added to the TV's watch history and influence TV recommendations. To avoid this, cancel and sign in to YouTube on your computer.

What is a Ledo pizza?

Ledo Pizza is rolled to order with fresh handmade dough, topped with the same high-quality Smoked Provolone cheese and the same style tomatoes that were used back in 1955. It may take a little longer, but it sure is worth it and stays true to the tradition of Ledo Pizza.

What is a unit franchise?

Unit Franchise: A unit franchise is a single Ledo Pizza. You are granted a single franchise in the area approved by Ledo Pizza. This type of franchise is suited for those who want to maximize the business by focusing on one unit.

Is LEDO pizza the same as square pizza?

The pizza is still made the same way. There are some unique qualities of LEDO Pizza that come from its long history. People often ask why LEDO Pizza is rectangular. The round pizza pans commonly seen today were very new in the fifties. Rectangular baking pans were readily available, hence the square pizza.

Is LEDO pizza still made?

These franchises uphold the high standards that made the LEDO Pizza famous. Very little has changed since 1955. The pizza is still made the same way.

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Overview

Lego A/S (trade name: The Lego Group) is a Danish toy production company based in Billund, Denmark. It was founded in 1932. It manufactures Lego-brand toys, consisting mostly of interlocking plastic bricks. The Lego Group has also built several amusement parks around the world, each known as Legoland, and operates numerous retail stores.

History

The Lego company was founded in 1932 by Ole Kirk Christiansen, a carpenter whose primary business of producing household goods had suffered due to the Great Depression. Initially producing wooden toys, the company later developed a system of interlocking bricks. Manufacturing of plastic Lego bricks began in Denmark in 1947. After a fire in the woodworking department, Ole's son, Godtfred, decided to stop the production of wooden toys and solely focu…

Trademark and patents

Since the expiry of the last standing Lego patent in 1989, a number of companies have produced interlocking bricks that are similar to Lego bricks. The toy company Tyco Toys produced such bricks for a time; other competitors include Mega Bloks and Best-Lock. These competitor products are typically "compatible" with Lego bricks, and are often marketed at a lower cost than Lego sets.
One such competitor is Coko, manufactured by Chinese company Tianjin Coko Toy Co., Ltd. In 2…

Financial results

In 2003, The Lego Group faced a budget deficit of DKr 1.4 billion (US$220 million at then-current exchange rates; equal to €175 million), causing Poul Plougmann to be replaced by Kjeld Kirk Kristiansen as president. In the following year, almost one thousand employees were laid off, due to budget cuts. However, in October 2004, on reporting an even larger deficit, Kristiansen also stepped down as pre…

Legoland

The Lego Group has built eight amusement parks around the world, each known as Legoland. Each park features large-scale Lego models of famous landmarks and miniature Lego models of famous cities, along with Lego themed rides. The first Legoland park was built in Lego's home town of Billund in Denmark. This was followed by Legoland Windsor in England, Legoland California in Carlsbad, U…

Retail stores

The Lego Group operates 170 retail stores in North America and Europe (96 in the United States, 19 in the United Kingdom, 17 in Germany, 13 in Canada, 9 in France, 5 in Poland, 3 in Denmark, 3 in the Netherlands, 2 in Austria, 2 in Belgium, 2 in Sweden and 1 in Spain. ). The Lego Group also franchised its store brand to Majid Al Futtaim Group, which opened 6 stores in 2015 (4 in the Unite…

Lego Interactive

Lego Interactive (formerly Lego Media and later Lego Software) was the video game publishing division of The Lego Group. The company was founded as Lego Media in 1996 and headquartered in London, England. In February 1999, Lego Media announced their move into the girls' software industry, starting with Lego Friends. In May 2002, the company announced to begin distributing their titles through Electronic Arts. Eventually, The Lego Group opted out of the video game busin…

Toy production

Lego products are mass-produced, packaged and shipped on a large scale.
Lego Produktion AG was a major production facility for Lego. It was founded in Switzerland in 1974. At the time of its announced closing in 2001, 30% of the world production of Lego was produced at the Swiss facility in Baar. The Baar facility eventually closed in 2004.

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