Batteries Plus
#188 Franchise 500| Batteries, light bulbs, related products; device repairs

About
Founded

1988

Franchising Since

1992 (28 Years)

Corporate Address

1325 Walnut Ridge Dr.
Hartland, WI 53029

Leadership

Scott Williams, CEO

Parent Company

Freeman Spogli & Co.

Financial Requirements
Initial Investment

$209,900 - $393,930

Net-worth Requirement

$350,000

Liquid Cash Requirement

$100,000

Ongoing Fees
Initial Franchise Fee

$39,000 - $39,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

1%

Financing Options

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

Veteran Incentives

$10,000 off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

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

On-The-Job Training:

Ongoing

Classroom Training:

80 hours

Additional Training:

Ongoing

Absentee Ownership Allowed
Number of Employees Required to Run:

4

Batteries Plus is ranked #188 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $209,900 High - $393,930
Units
+1.1%+8 UNITS (1 Year) +7.9%+54 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

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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: November 20th, 2020