ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--Creative Learning Corporation (OTC BB: BTWO), owner and developer of Bricks 4 Kidz®, the highly-popular children’s education and enrichment program, is pleased to announce that the Company has finalized the purchase of 3 additional territories by its franchisee in Calgary, Canada. The owner/operators, Jim and Beth Thompson began their Bricks 4 Kidz® venture with an original purchase of 2 territories and have since experienced such a positive response to the program, prompting them to exercise their option to purchase additional territories from Creative Learning in their region.
“We are especially proud to be announcing Jim and Beth’s expansion in Calgary, as it confirms our expectation that our franchisees can be extremely successful as Bricks 4 Kidz® owner/operators, and proves that there is a huge market for our program”
“We are especially proud to be announcing Jim and Beth’s expansion in Calgary, as it confirms our expectation that our franchisees can be extremely successful as Bricks 4 Kidz® owner/operators, and proves that there is a huge market for our program,” commented Brian Pappas, CEO of Creative Learning Corporation.
As part of the Creative Learning franchise model for North America, an original franchisee is given the first option to purchase more territories within his or her region at a discounted price. “We have received such a positive reaction to our Bricks 4 Kidz® programs since we began that we felt as though we couldn’t pass up the opportunity to expand our territory,” commented Jim and Beth Thompson, Calgary owner/operators of Bricks 4 Kidz®. “Creative Learning has given us all of the tools that we need to operate a very successful business, and we’re happy to be a part of the Company’s expansion.”
“Creative Learning is dedicated to developing the most unique children’s education programs available while providing our franchisees with an opportunity to operate a business of their own. Success stories like Jim and Beth’s solidify our commitment to continue creating new programs and opportunities for our customers as well as our franchisees, and we believe that we will see more territory expansions as our business grows,” Mr. Pappas went on to say.
Creative Learning Corporation, operating under the trade name Bricks 4 Kidz®, offers programs designed to teach children ages 3-12 the basic principles of engineering, architecture and physics using LEGO® bricks. Through a unique franchise business model that includes a proprietary Franchise Marketing Tool (FMT), the Company provides a wide variety of programs designed to enhance students’ problem solving and critical thinking skills by designing numerous structures, devices, and systems using proprietary LEGO® bricks and models. The company currently has 100 franchises and is expanding its international reach, fulfilling an educational need in many communities that are lacking these types of programs. With no direct competitors and a strong business model that is generating recurring and exponential revenue, Creative Learning Corporation is a solid leader in a rapidly expanding industry. For more information, visit www.bricks4kidz.com.
This press release may contain “forward-looking statements” that are made pursuant to the “safe harbor” provisions as defined within the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including “anticipates,” “believes,” “intends,” “estimates,” and similar expressions. These statements are based upon management’s current expectations as of the date of this press release. Such forward-looking statements may include statements regarding the Company’s future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses and other future or expected performances. The Company cautions readers there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those indicated in the forward-looking statements. Further information on these and other potential factors that could affect the Company’s financial results is included in the Company’s filings with the SEC under the “Risk Factors” sections and elsewhere in those filings.
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Mike Irving, 407-878-5462