Batteries Plus

Batteries Plus is the nation's largest and fastest-growing battery, light bulb, key fob and phone/tablet repair franchise. Over the past three decades, our company has grown from a single location in Green Bay, Wisconsin to a nationwide network of more than 720 stores.

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Batteries Plus
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Batteries Plus Franchise Cost and Requirements for 2024

Background

Unlike most businesses, Batteries Plus provides multiple ways for you to generate sales and revenue. As a franchise owner, you'll sell batteries and lighting products, while providing customers with valuable services like device repair, auto key cutting and key fob programming. Best of all, as a needs-based business, the products and services that we offer are largely insulated from fluctuating market trends. Lighting and power are not luxury items, they're necessary items that play an essential role in customers' lives. Even when money is tight, customers replace batteries and light bulbs.

You don't need prior industry experience; we will equip you and the members of your team with the training necessary to run, promote, manage and grow a successful Batteries Plus franchise.

Customers trust Batteries Plus because our employees solve problems. Our stores also offer a full catalog of customer services that range from simple fixes like watch battery replacement to more complex offerings like phone repairs and key fob programming.
  • Multiple revenue streams
  • Needs based business
  • Ongoing Training and Support
  • Consistently ranked on Entrepreneur Top 500 list for 25 years
  • Essential (COVID-19)

Company Details

Established: 1988
First Unit Franchised: 1992
Franchised Units: 643
Company Owned Units: 85
States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, California - CA, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Hawaii - HI, Idaho - ID, Illinois - IL, Indiana - IN, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Maryland - MD, Massachusetts - MA, Michigan - MI, Minnesota - MN, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, New York - NY, North Carolina - NC, North Dakota - ND, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, Rhode Island - RI, South Carolina - SC, South Dakota - SD, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, Virginia - VA, Washington - WA, West Virginia - WV, Wisconsin - WI, Wyoming - WY
Canada Franchises: No
International Franchises: No

Support and Training Offered By Batteries Plus

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes
Training:
comprehensive classroom, hands on, online, and in-store training

2024 Franchise Requirements Needed to Own a Batteries Plus Franchise.

What does a Batteries Plus Franchise Cost?

Batteries Plus franchise fees for 2024:

Cash Investment: $100,000
Total Investment: $193,905 to $355,902
(Average investment is between $225,000-$250,000)
Minimum Net Worth: $350,000
Franchise Fee: $39,900
Royalty: 5%
Ad: 1%
Item 19: Yes
Average Number of Employees: 4
Visa Candidates: Yes
Passive Ownership: Yes
Home-Based: No
B2B: Yes
Master Franchise Opportunities: Yes
Veteran Discount: Yes


ITEM 19:

  • Top 50% of stores average $1,118,141
  • Average Margin 52.9%
  • Average Wages 17.5%
  • Average Gross Profit 19.6%
  • Average EBITDA 12.6%

Top Store in 2020 - $7Million in Sales


Is Batteries Plus a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Batteries Plus is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Batteries Plus a Home Based franchise?

No. Batteries Plus is not a home based franchise opportunity.

What Do Batteries Plus Franchise Owners Make?

Click here to find out how much Batteries Plus franchisees make. Batteries Plus offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Batteries Plus a Master Franchise Opportunity?

Yes. Batteries Plus is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Batteries Plus Offer a Veteran Discount?

Yes. Batteries Plus franchise does offer a veteran discount.

Does Batteries Plus Work with E2 Visa and EB-5 Visa Candidates?

Yes. Batteries Plus franchise does work with E2 Visa and EB-5 Visa candidates.

Is Batteries Plus Looking for Franchisees in Canada?

No. Batteries Plus franchise is not looking for Canada franchisees.

Is Batteries Plus Looking for International franchisees?

No. Batteries Plus franchise is not looking for International franchisees.

Where can I see Batteries Plus's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Automotive, Repair & Restoration, Retail, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Master Franchise

Yes

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Batteries Plus Franchises for Sale

Click Here to inquire about existing Batteries Plus franchises for sale. We may have Batteries Plus franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.