Batteries Plus
$150,000
$44,500
722
1992
Hartland,WI
Scott K. Williams
Overview
Batteries Plus 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 products and services in one place, making it a solutions destination for customers. As a franchisee, you'll be a part of the $110 billion/year batteries industry, the $415 billion/year car accessories industry, the $118.3 billion/year light bulb industry, the $3.9 billion/year cell phone repair industry and the $4.82 billion/year key fob replacement business. Best of all, most of these markets continue to grow with the continued proliferation of cell phones and the ever-increasing need for portable power. Plus, you’ll earn revenue from many streams, including both retail and commercial sales. Read on to learn what sets Batteries Plus apart and how potential franchise owners just like you can continue to share in the company’s 30-plus years of sustained success.
Franchise Unit Trends and Revenue
722
30
$887,757
* in 2023
Franchise Fees
$44,500
Veteran's Fee: $34,500
5.0%
Net Revenues
1.0%
Total Net Revenues
Why Choose Batteries Plus?
The products and services you supply will always be needed. 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. When batteries go dead or light bulbs burn out, customers look for immediate replacements. In fact, 97% of all Batteries Plus 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. Plus, in our increasingly mobile-reliant world, when a device breaks, customers want it fixed as quickly as possible. And that’s not all. As markets and technology continue to evolve, we work hard to stay ahead of the trends, introducing new revenue sources like Smart Home. When it comes to merchandise, you can rest easy knowing that our Quality Assurance team is working behind the scenes to ensure that your customers receive only the best possible products. As a company, Batteries Plus has experienced over 30 years of steady growth. This is true for both sales and the number of locations, which has grown to over 700 locations nationwide. 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.
Starting Costs and Investment Requirements
$221,813 - $423,831
$350,000
$150,000
Training and Support
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 from the build-out of your site, through your store opening and far beyond. An investment in Batteries Plus 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.
History
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 700 stores. Started in 1988, by two guys who wanted to sell every kind of battery. We started franchising in 1992. That owner is still with the system today and owns 12 stores with his family. His son is poised to take over his stores. The increasing demand for “specialty” and replacement batteries, combined with our reputation for solving battery problems and providing expert advice, has led to our rapid success and expansion. In 2010, we refined the model of the all-battery franchise concept by adding light bulbs to our product line. In 2014, we launched smartphone and tablet repair services nationwide, providing in-store repairs for cracked screens, battery replacements, and more. By 2020 we were replacing, repairing, and programming key fobs, key cutting, and offering smart home solutions.
Ideal Candidate
The ideal candidate is dedicated to offering solutions to customers’ needs. They possess exceptional customer service skills, coupled with a passion for learning and a desire to evolve their business by keeping pace with changing technology. A commercial sales background is also a plus, but no previous industry experience is necessary. Our proven model will help teach you everything you need to know. Why not contact us to find out more?
Pending Brochure status
