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Batteries Plus
Battery and light bulb store
The world runs on batteries. And Batteries Plus offers one-stop shopping for all the batteries people need -- for camcorders, cordless phones, digital cameras, PDAs, cell phones, laptops and notebooks, calculators, iPods, and vehicles such as trucks, cars, wheelchairs, snowmobiles, lawn mowers, and watercraft, to name a few applications. The company's inventory is selected from the world market, based on superior quality, innovative product development, and other criteria. The first Batteries Plus store opened in 1988 in Green Bay, Wisconsin. Franchise opportunities are available throughout the United States.
Why This Company Makes Our AllStar List
A record-setting number of store openings plus a growing demand for battery-powered mobile devices have kept Batteries Plus near the top of the Franchise AllStar list for the fourth year in a row. A high financial strength rank (#26) moved Batteries Plus into the top 20 for 2012.
With the addition of 10,000 types of light bulbs to the company's product line, franchisees are now selling light as well as power. Franchisees report high satisfaction with their franchisor, as the company ranked #22 in Franchise Business Review's 2011 Franchisee Satisfaction Awards. In 2011, Batteries Plus also kicked off a giving-back campaign called "Time to Care," which raised awareness and funds for USA Cares and Jobs for Vets.
Batteries Plus is listed on the SBA's Franchise Registry and participates in the IFA's VetFran program.
2011 AllStar Rank: 31
2010 AllStar Rank: 59
2009 AllStar Rank: 59
Full Disclosure Award
This company gets a nod for disclosing financial performance representations in Item 19 of its Franchise Disclosure Document (FDD). For an explanation of why this is important, read The Importance of Item 19 in the Franchise Disclosure Document.
A record-setting number of store openings plus a growing demand for battery-powered mobile devices have kept Batteries Plus near the top of the Franchise AllStar list for the fourth year in a row. A high financial strength rank (#26) moved Batteries Plus into the top 20 for 2012.
With the addition of 10,000 types of light bulbs to the company's product line, franchisees are now selling light as well as power. Franchisees report high satisfaction with their franchisor, as the company ranked #22 in Franchise Business Review's 2011 Franchisee Satisfaction Awards. In 2011, Batteries Plus also kicked off a giving-back campaign called "Time to Care," which raised awareness and funds for USA Cares and Jobs for Vets.
Batteries Plus is listed on the SBA's Franchise Registry and participates in the IFA's VetFran program.
2011 AllStar Rank: 31
2010 AllStar Rank: 59
2009 AllStar Rank: 59
Full Disclosure Award
This company gets a nod for disclosing financial performance representations in Item 19 of its Franchise Disclosure Document (FDD). For an explanation of why this is important, read The Importance of Item 19 in the Franchise Disclosure Document.
AllStar Franchise
AllStar Rank:
19
See All AllStar Franchises
Batteries Plus
925 Walnut Ridge Drive
Hartland, WI 53029
800-274-9155
Fast Facts
| Year established | 1988 |
| Franchising since | 1992 |
| Can be run from home? | No |
| Number of employees needed | 4 |
| Item 19 Financial Performance Representation? | Yes |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| % of franchisees who own multiple units | 53% |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2012 | 479 | 0 | 29 |
| 2011 | 467 | 0 | 29 |
| 2010 | 413 | 0 | 28 |
Expanding in These Locations
United States
Costs
| Total Investment | $74,100 - $348,700 |
| Franchise Fee | $37,500 |
| Royalty Fee | 5% |
Financial Requirements
| Net Worth | $300,000 |
| Liquid Capital | $100,000 |
Franchisee Qualifications
Outgoing individuals interested in both retail and business-to-business selling
Technical aptitude
Financially able to own and operate a business
Financing
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | No |
| Is franchisor a member of the IFA's VetFran program? | Yes |
Financing Assistance
Franchisor offers discounts on the franchise fee to qualified military veterans in select markets
AllStar Franchise
AllStar Rank:
19
See All AllStar Franchises
Batteries Plus
925 Walnut Ridge Drive
Hartland, WI 53029
800-274-9155
