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2021 Franchise 500 Rank
#473 Ranked #188 last year
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Initial investment
$199K - $361K
Units as of 2021
713 2.6% over 3 years

Company Overview

The first Batteries Plus store opened in Green Bay, Wisconsin, in 1988. Stores offer a selection of nearly 60,000 batteries, light bulbs and related products, along with phone-repair services at their We Fix It Repair Centers.

About Batteries Plus

Industry
Retail
Founded
1988
Parent Company
Freeman Spogli & Co.
Leadership
Scott Williams, CEO

Franchising Overview

Franchising Since
1992 (29 years)
# of employees at HQ
917
Where seeking

This company is seeking new franchisees worldwide.

This company is seeking new franchisees in the following international regions: Canada, Mexico

# of Units
713 (as of 2021)

Franchisor Information

Corporate Address
1325 Walnut Ridge Dr.
Hartland, WI 53029

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Batteries Plus franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$39,000
Initial Investment
$199,025 - $361,200
Net Worth Requirement
$350,000
Cash Requirement
$100,000
Veteran Incentives
$10,000 off franchise fee
Royalty Fee
5%
Ad Royalty Fee
1%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Batteries Plus has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
Ongoing
Classroom Training
80 hours
Additional Training
Ongoing
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
4
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Batteries Plus landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Batteries Plus ranked on other franchise lists? Find out below.

Ranked #473

Franchise 500 Ranking

Ranked #65

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021