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Batteries Plus Bulbs

2014 Franchise 500
#79
At a Glance

Products & Services: Batteries, light bulbs, related products

Number of Locations: 627

Total Investment: $208.5K - $385.8K

Founded: 1988

Began Franchising: 1992

About Batteries Plus Bulbs

The first Batteries Plus store opened in Green Bay, Wisconsin, in 1988. In 2013, the company changed its name to Batteries Plus Bulbs. Stores offer a selection of over 45,000 batteries, light bulbs and related products and services.

Franchise Units

Year U.S. Canadian International Company Owned
2014 585 0 0 42
2013 529 0 0 40
2012 484 0 0 33
2011 464 0 0 29
2010 384 0 0 26
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $208,450 - $385,750
Franchise Fee: $37,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $10,000 off franchise fee
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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 weeks. At franchisee's location: 3 weeks. Periodic store visits & regional meetings; business-to-business sales training
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, online advertising

Franchise Ranking History

Franchise 500®: #79 (2014), #71 (2013), #71 (2012), #77 (2011), #117 (2010),
Fastest-Growing: #63 (2014), #21 (2012), #40 (2011),

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