#71
At a Glance
Products & Services: Batteries, light bulbs & related products
Number of Locations: 517
Total Investment: $189.1K - 379.5K
Founded: 1988
Began Franchising: 1992
About Batteries Plus
The first Batteries Plus store opened in Green Bay, Wisconsin, in 1988. Batteries Plus now has stores throughout the country selling batteries for everything from cell phones to aircraft with on-site Tech Centers that design, assemble and test battery systems. Customers include individual consumers and commercial clients such as manufacturers, service businesses and government agencies.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 484 | 0 | 0 | 33 |
| 2011 | 464 | 0 | 0 | 29 |
| 2010 | 384 | 0 | 0 | 26 |
| 2009 | 332 | 0 | 0 | 21 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $189,100 - $379,500
Franchise Fee: $37,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $37,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $350,000
Liquid Cash Available: $100,000
Operations
62% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 4. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks. At franchisee's location: 3 weeks. Periodic store visits & regional meetings
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks,
Other marketing support: TV & radio spots, POP, catalogs & literature
Franchise Ranking History
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