This Lego Franchise Snaps Together a Winning Retail FormulaBricks & Minifigs isn't playing around at the franchise game.

ByTracy Stapp Herold

This story appears in theMarch 2016issue of狗万官方.Subscribe »

When John Masek and David Ortiz met, something clicked -- and it wasn't just the Lego bricks they were both individually buying to resell online. The pair realized that the best way to sell the tactile toys was to join forces and set up a brick-and-mortar store where kids and parents could immerse themselves and let their imaginations -- and wallets -- run wild. In 2010, the duo created Bricks & Minifigs to buy, sell and trade Lego, opening two stores, one in Battle Ground, Wash., and one in Canby, Ore. A year later, they took the leap into franchising.

Masek, the company's president and CEO, expects to have a total of 20 stores open by the end of the year, including expansion into Canada. We asked him to share his insights into how a business concept based on the appeal of brightly colored little plastic bricks turned into one of the year's top new franchises.

Tons of places carry Lego, and the company even has its own stores. What makes Bricks & Minifigs special?

If you picture all the Lego products that have ever been made as an iceberg, the big-box stores carry only the tip of the iceberg -- the new sets. What makes us different is we carry everything below the water. We buy collections of all sizes from people, so we have cases full of used sets from a few years to a few decades old, thousands of minifigures, and "dump tables" full of pieces people can dig through to find what they need.

Sounds simple, but why franchise?

We knew we wanted this to be bigger than us, and we knew that if we grew through corporate stores alone, it could become a very sterile environment very quickly as we became more removed from our customers. Our stores are meant to be warm and inviting -- a welcoming place for all ages. And it's much tougher to do that under a corporate umbrella than it is in a locally owned environment.

So far, every franchised store has done something to make our brand stronger. For example, it was our franchisees who turned us on to third-party vendors that make specialized accessories like weapons for minifigures.

How do you know you've found a potential franchisee that will add value to the brand?

A sense of family. We've turned away any number of people who have an incredible amount of money because they're just looking for another investment -- that's not what we're looking for. We want somebody who says, "This is for me; this is for my family; this is so we have something that's ours, that we can grow."

What's the best feedback you've received?

From a 6-year-old boy at the grand opening of our Louisville, Ky., store: "My life will never be the same."

Wavy Line
Tracy Stapp Herold

Entrepreneur Staff

Tracy Stapp Herold is the special projects editor at狗万官方magazine. She works on franchise and business opportunity stories and listings, including the annualmanbetx2.0客户端下载 .

Editor's Pick

Related Topics

Leadership

These Outdated Habits Are Leading to Workplace Inefficiencies And Taking a Toll on Your Productivity

No wonder companies are having trouble collaborating effectively digitally.

Business News

'This Is My Life Now': Man Hysterically Documents Elon Musk's 'X' Sign Blaring Flashing Lights Into His Bedroom Window

The sign, reportedly put up without a permit, is shining bright at X HQ in San Francisco.

Business News

'Awful Advice': Barbara Corcoran Slammed For 'Tone Deaf' Business Advice to Interns

The "Shark Tank" star shared tips on social media about how interns can increase their chances of getting hired full-time, but the public reaction didn't go as planned.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Leadership

How Tech Leaders Should Approach Layoffs — and How to Build Trust With Remaining Employees

技术经理如何处理团队和工作场所交易吗uma amid layoffs will define how companies bounce back.

Growing a Business

3 Ways Leaders Can Use Data to Grow in Shrinking Economies

Business leaders need to find a way to make sense of this dynamic environment and use it to their advantage — and they can do so with data. Here's how.