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Batteries Plus

Information based on 2024 FDD
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Brand Highlights
  • Founded in 1988
  • Franchising Since 1992
  • 606 US Franchises
  • $252,286 - $493,836 Investment Range
  • $887,757 Average Gross Revenue
  • 5% Royalty Fee
  • $15,000 Franchise Fee
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Brand Description

Batteries Plus stands as America's leading destination for batteries, lighting solutions, and device repair services. Founded in 1988, this retail powerhouse has evolved from a simple battery store into a comprehensive tech solution provider that meets the ever-growing power and repair needs of modern consumers.

The franchise's success is built on a dual-revenue model that combines retail sales with professional services. Their extensive inventory includes batteries for everything from cars and boats to phones and watches, alongside a vast selection of light bulbs and other tech accessories. What truly sets Batteries Plus apart is their certified repair services, offering expert fixes for smartphones, tablets, and other electronic devices, often at more competitive prices than manufacturer service centers.

Store owners benefit from multiple revenue streams, including retail sales, commercial accounts, and tech repair services. The business model is particularly resilient, as batteries and device repairs remain in constant demand regardless of economic conditions. Their network of locations serves both individual consumers and business clients, providing essential products and services that are increasingly vital in our tech-dependent world.

The franchise provides comprehensive training and ongoing support to franchisees, ensuring they can deliver the high-quality service that customers have come to expect. With strong brand recognition, a proven business model, and a focus on customer service excellence, Batteries Plus continues to expand its footprint while adapting to emerging technologies and consumer needs.

DID YOU KNOW?

How much does it cost to start a franchise with Batteries Plus?

$252,286
$493,836
Did you know that launching your own Batteries Plus franchise - the go-to destination for batteries, bulbs, and device repair services - requires a total investment ranging from $252,286 to $493,836, which covers everything from your franchise fee and initial inventory to store buildout and equipment needed to serve customers seeking reliable power solutions for their electronics, vehicles, and home devices?
Financial Summary
Franchise Fee
$15,000
Investment Range
$252,286 - $493,836
Investment Midpoint
$373,061
Minimum Cash Required
$252,286
Royalty Fees
5%
Brand Fund
1%
Brand Bragging Rights
35+ years proven franchise system
722 locations nationwide market presence
Essential services recurring customer base
Dual revenue streams products services
Specialized tech repair capabilities
Strong unit performance metrics
Financial Analysis
Batteries Plus requires an investment of $252,286 to $493,836, positioning it as a premium franchise opportunity within the tech accessories sector. This investment level exceeds the sub-sector average range of $142,523-$324,389, reflecting the brand's established market position and comprehensive business model. The higher capital requirement typically includes specialized inventory, technical equipment for repair services, and build-out costs for retail locations.

The franchise operates in the resilient battery and tech repair market, benefiting from recurring replacement needs and the growing complexity of consumer electronics. With 722 units and 35 years of operational history since 1988, the system demonstrates substantial maturity and proven scalability. The reported gross revenue of $887,757 significantly exceeds the sub-sector average of $436,792, indicating strong unit-level performance potential.

Ideal investors should possess substantial liquid capital given the premium investment tier, with retail or technical service experience preferred. The business model combines product sales with higher-margin repair services, requiring operational sophistication but offering revenue diversification. Territory rights and market protection are critical considerations given the specialized nature of the business.

The franchise benefits from essential service positioning—batteries and device repairs represent necessity purchases rather than discretionary spending. Multi-unit development opportunities exist for qualified investors with adequate capital reserves. Prospective franchisees should thoroughly review the FDD and conduct comprehensive due diligence, particularly regarding territory demographics, competition density, and local market demand patterns before committing to this premium-tier investment opportunity.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Batteries Plus. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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First Bank of the Lake

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Golden Capital Solutions

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Location Analysis
Batteries Plus demonstrates strong market penetration with widespread coverage across multiple states, showing particular strength in the South and Midwest. The brand maintains a notable concentration in Texas, Michigan, Florida, Illinois, and Virginia, indicating successful market adaptation across diverse regional economies. The franchise's strong customer satisfaction ratings across thousands of reviews suggests consistent service quality and strong operational execution across markets.

The franchise's geographic distribution reveals strategic clustering in high-population states while maintaining presence in secondary markets. This pattern suggests a successful balance between urban and suburban locations, typically positioned in retail corridors with strong vehicular traffic and commercial activity. Ideal locations feature proximity to both residential and business districts, capitalizing on dual revenue streams from consumer and commercial battery needs.

Significant expansion opportunities exist in several states currently without presence, particularly in the Northeast and Northwest regions. Successful locations typically occupy 1,500-2,500 square feet in shopping centers with strong anchor tenants and demonstrate optimal performance in areas with median household incomes above $50,000 and daytime population density exceeding 20,000 within a 3-mile radius. The brand's strong presence in diverse markets indicates adaptability to various demographic profiles while maintaining consistent performance metrics.
Total US Locations722
Open Franchises606
Corporate Locations116
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind Batteries Plus. Learn about the experience and expertise of the executive team guiding Batteries Plus's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving Batteries Plus. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review Batteries Plus's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about Batteries Plus's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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