Batteries Plus Bulbs
#147

Initial Investment

LOW: $211,552
HIGH: $406,759

Change in Units

+3.9% +26 UNITS (1 Year)
+20.6% +117 UNITS (3 Years)

Company Profile

Founded

1988

Franchising Since

1992 (25 Years)

Corporate Address

1325 Walnut Ridge Dr. Hartland, WI 53029

CEO

Russ Reynolds

Parent Company

Freeman Spogli & Co.

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.

Financials

Financial Requirements

Initial Investment

$211,552 - $406,759

Net-worth Requirement

$350,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$37,500

Ongoing Royalty Fee

5%

Ad Royalty Fee

1%

Financing Options

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

Veteran Incentives


$10,000 off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 10 days

Training at headquarters: 17 days

Additional Training: Periodic store visits & regional meetings; business-to-business sales training

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 3 - 4

Related Franchises

Related Articles

Why Opening A Franchise Business Is Better Than Starting Your Own

Why Opening A Franchise Business Is Better Than Starting Your Own

Considering venturing into the world of entrepreneurship by starting a franchise business? zpizza UAE founder Harsh Pancholia shares his thoughts.
Harsh Pancholia
3 Key Questions That Will Help You Decide If Your Business Can Be Franchised

3 Key Questions That Will Help You Decide If Your Business Can Be Franchised

If you're not sure that franchising is for you, answering these three questions could be all you need to do to decide.
Rick Grossmann
To Get Branding Right, an Entrepreneur Needs to Emotionally Connect with the Product First

To Get Branding Right, an Entrepreneur Needs to Emotionally Connect with the Product First

Your value system should be clear and there should be certain amount of consistency in company processes - Amol Arora
Sneha Banerjee
The Pros and Cons of Franchising Your Business

The Pros and Cons of Franchising Your Business

Before you take the first step to turn your business into a franchise, read these advantages and disadvantages of franchising.
Rick Grossmann
Smart Tips for Growing Your Franchise

Smart Tips for Growing Your Franchise

Once you've launched your franchise, find out what more you can do to grow your business.
Rick Grossmann

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 25th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 100 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012