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Franchise: Batteries Plus Bulbs

Initial Investment
LOW:$220,000
HIGH: $286,000
Change in Units
+3.9% +26 UNITS (1 Year)
+20.6% +117 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
Regional Media

Training Onsite: 84

Training at headquarters: 168

Additional Training: Ongoing

Absentee Ownership Allowed

Number of employees required to run: 4

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 nearly 60,000 batteries, light bulbs and related products, along with phone-repair services at their We Fix It Repair Centers.

Founded

1988

Franchising Since

1992 (25 Years)

Corporate Address

1325 Walnut Ridge Dr. Hartland, WI 53029

CEO

Russ Reynolds

Units (Locations)

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

Financial Requirements

Initial Investment

$220,000 - $286,000

Net-worth Requirement

$400,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$37,500 - $37,500

Ongoing Royalty Fee

5%

Ad Royalty Fee

1%

Financing Options

Batteries Plus Bulbs offers in-house financing to cover the following: startup costs, equipment, inventory

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

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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 31st, 2017

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