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Batteries Plus

2012 Franchise 500
#71
At a Glance

Products & Services: Batteries & related products

Number of Locations: 493

Total Investment: $175.6K - 350.2K

Founded: 1988

Began Franchising: 1992

Private Owned

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
2011 464 0 0 29
2010 384 0 0 26
2009 332 0 0 21
2008 315 0 0 17
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $175,600 - $350,200
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
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
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks,
Other marketing support: TV & radio spots, POP, catalogs & literature

Franchise Ranking History

Franchise 500®: #71 (2012), #77 (2011), #117 (2010), #122 (2009), #146 (2008),
Fastest-Growing: #21 (2012), #40 (2011), #99 (2009),
America's Top Global: #122 (2008),