|Net Worth Required:||$250,000|
|Total Investment:||$189,250 - $366,350|
|Franchising Since:||1992||Home Office:||Hartland, WI|
|Entrepreneur® Magazine Franchise 500 2019 – Ranked #114 overall 2018 – Ranked #118 overall 2017 – Ranked #147 overall; ranked #1 in Battery category 2016 – Ranked #75 overall; ranked #1 in Battery category 2015 – Ranked #72 overall; ranked #1 in Battery category 2014 – Ranked #79 overall; ranked #1 in Battery category; ranked #63 on Fastest-Growing Franchises list 2013 – Ranked #71 overall; ranked #1 in Battery category 2012 – Ranked #71 overall; ranked #1 in Battery category; ranked #21 in Fastest-Growing Franchises list 2011 – Ranked #77 overall; ranked #1 in Battery category|
As a franchise opportunity, Batteries Plus Bulbs sets itself apart from the competition by offering a diverse catalogue of need-based products and services unmatched by other retailers. You’ll be part of a $32 billion battery, $22 billion light bulb, $3.9 billion phone/tablet repair and $2.3 billion key fob market.
Continue reading to learn what sets Batteries Plus Bulbs apart and how potential franchise owners just like you can continue to share in the company’s 30-plus years of continued growth.
Batteries Plus Bulbs is a needs-based retail business providing batteries, light bulbs, phone/device repair and key cutting/key fob programming. No other retailer offers all of these in one place, making it a solutions destination for customers. Plus, as a franchise owner, you’ll earn revenue from many streams, including both retail and commercial sales.
As a company, Batteries Plus Bulbs has experienced over 30 years of steady growth. This is true for both sales and the number of our stores, which has grown to over 730 locations nationwide. The top 25% of Batteries Plus Bulbs stores have an average revenue of $1,394,889* and a merchandise margin of 53.5%**! As a franchise owner, you can feel confident in that legacy, knowing you’ll be around to provide products and services for many years to come.
The average U.S. household has 28 battery-powered devices and 61 light bulb sockets. That’s a lot of batteries and bulbs that need to be replaced. Plus, in our increasingly mobile-reliant world, when a device breaks, customers want it fixed as quickly as possible. As a franchise owner, the products and services you offer solve problems for customers in their everyday lives. Exceptional customer service by knowledgeable sales associates will be rewarded by customer loyalty.
We’re committed to helping you build your business. As a franchisee, you’ll receive the tools, training, and resources you need in order to succeed. Real Estate, Field Operations, IT, Training, Marketing, and more: our well-established systems will help maximize your store’s potential and support you throughout your ownership experience. You’ll never be alone, with training and support that extends throughout the build-out of your store, opening, and beyond.
Phones will continue to break. Batteries and light bulbs will always need replacing. Your products, services, and physical store location will always be needed. In fact, 96% of all Batteries Plus Bulbs online orders are picked up in store, demonstrating that immediacy is vital to consumers and an important part of what sets us apart from other online retailers. Our extensive system of quality assurance ensures that customers always receive the best products, keeping them coming back for more. Plus, as technology and markets evolve, we stay ahead of the trends so your business is never left in the dark. Our 30 years of sustained success is proof.
An investment in Batteries Plus Bulbs is an investment in your future. The fact that more than 80% of franchise stores are owned by multi-store operators is testament to both the success of our business model and our unwavering commitment to helping you build your business. Your investment dollars are in great hands.
*Net revenue average of $1,394,889 is based on the net sales average for the top 25% of all 633 stores open during the entire 2018 calendar year. There is no assurance you will do as well. See Item 19 of our 2019 FDD for further details. **See Item 19 of our 2019 FDD for further details.