Batteries Plus - Franchise
Over 30 years of consistent growth. Ongoing support. Multiple revenue streams. Whether you’re looking into owning your very first store, or you’re interested in adding to your existing franchise portfolio, Batteries Plus is here to help. Learn more about the costs, benefits, and available locations today!
What Does a Batteries Plus Franchise Cost?
To buy a franchise with Batteries Plus, you'll need to have at least liquid capital of $100,000 and a minimum net worth of $350,000. Franchisees can expect to make a total investment of $221,813 - $423,831. Batteries Plus charges a franchise fee of $44,500. They also offer financing via 3rd party. *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $100,000 What does Liquid Capital mean? |
---|---|
Net Worth: | $350,000 What does Net Worth mean? |
Franchise Fee: | $44,500 What does Franchise Fee mean? |
Total Investment: | $221,813 - $423,831 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Via 3rd party |
---|---|
Training: | Available |
SBA Approved: | Available |
Franchisor Details
Facts about this franchise:
Total Units: | 700 |
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Year Founded: | 1988 |
Franchising Since: | 1992 |
Batteries Plus, a leading battery, light bulb, key fob and phone repair franchise with over 700 stores and over 30 years in business has been recognized as a top #500 franchise opportunity for decades.
Enhance Your Franchise Portfolio with an Industry Leader
Jump Start Your Future
Our multiple revenue streams and needs based model provide a strong hedge against inflation.
Batteries Plus provides all franchisees with world class support as they work through the pre-opening process – whether you’re opening one location or many.
Leverage the world class resources for a quick opening.
- $652 billion combined annual industry value
- 700+ locations and growing
- $1.005 million Average Unit Volume for top 75% of locations*
A Battery Store Franchise
Batteries Plus is the leading franchise in the Battery and technology sector, catering to both retail and B2B customers. Our commercial customers range from common batteries for fire exits, law & garden, marine, to commercial batteries for forklifts, medical device batteries, as well as backup batteries for large commercial applications. Commercial customers set up business accounts with our franchisees so they can access all of the batteries they need to stay powered up and running smoothly. In addition to a wide selection of batteries, our service and product knowledge results in high repeat business for our franchisees.
Cell Phone Repair Franchise
Many cell phone repair businesses are limited in what they can do, and generally stick to broken screens. Batteries Plus franchises can repair cameras and buttons, replace batteries, and much more. People need their phones to stay connected – our speedy services are crucial for all of our customers.
A Lighting Franchise
Batteries Plus offers lighting expertise to provide customers with all their lighting and specialty bulbs. These products and services range from common lights around the house to relamping a warehouse, hotels, parking garages, distribution centers etc.
Training and Support
With 30+ years of experience behind Batteries Plus, The initial training program is designed to show you how to leverage the many systems already in place. Ongoing training helps you stay on top of best practices and new products and services as they emerge. We have set our initial and ongoing franchise training and support to ensure that the business mission, vision, goals, and culture are aligned.
Why Franchise with Batteries Plus?
- Low barrier to entry
- Franchisees from every background
- A strong team behind you
- A lucrative opportunity
- Opportunities for growth
Request your free information today!
* The $1,005,700 in average net revenue is based on net sales information of 423 Batteries Plus® stores in the top 75% of the 564 Batteries Plus® stores in operation during the entire 2021 calendar year. Of the 423 stores, 157 stores (37%) met or exceeded the average net revenue. The average net revenue of the 423 Batteries Plus® stores in the bottom 75% of the 564 Batteries Plus® stores in operation during the entire 2021 calendar year was $663,482. Of these 423 stores, 202 (48%) met or exceeded the average net revenue.
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Awards
Batteries Plus has received the following awards and acknowledgements:
Ranked #114 on Entrepreneur.com #7 Forbes Best Medium Investment Range
Availability
Batteries Plus is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $100,000 in liquid capital to invest.
Press Releases
- 08/17/23:
Batteries Plus Ranks in Entrepreneur’s First-Ever List of Top Franchises for Multi-Unit Owners - 07/26/23:
Batteries Plus Recognizes Franchise Owners for Year of Extraordinary Sales Success - 06/27/23:
Batteries Plus Reaches Remarkable Milestone with Highest Record Sales Month in Company History - 05/11/23:
Batteries Plus Announces Continued Partnership with Country Music Stars to Power Their Tours - 04/20/23:
Batteries Plus Reports Strong Start to 2023 with Highest Commercial Sales in Customer History
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