At a Glance
Products & Services: Battery store
Number of Locations: 230
Total Investment: $177.6K - $338.8K
Began Franchising: 2000
About Interstate All Battery CenterJohn Searcy started Interstate Battery System of America in Dallas in 1952 selling car batteries out of the back of a pickup truck. Today, the company sells batteries for a variety of products, including vehicles, camcorders, alarms and electronics through its Web site and nearly 200,000 dealers in the United States, Canada, the Dominican Republic, Guam, Jamaica and Puerto Rico.
In 1999, Interstate acquired Battery Patrol and became Interstate All Battery Centers to offer franchise opportunities. Interstate All Battery Centers sell more than 16,000 types of batteries and related products.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $37,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $5,000 in initial inventory
Financial RequirementsNet Worth: $500,000
Liquid Cash Available: $200,000
|Financing Type||In-House||Third Party|