Batteries Plus Franchise

Batteries Plus Franchise

Continuously recognized as one of the Best Franchises to Own by trusted franchising industry leaders like Forbes® and Entrepreneur®!

Retail Computer & Internet
Min. Liquid Capital

$150,000

Min. Franchise Fee

$44,500

Total Number of Units

722

About Batteries Plus

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.

Franchising Since

1992 (33 years)

Company Units

116

Average Unit Revenue

$904,662

Franchise Fees

Min. Franchise Fee

$44,500
$34,500 Veteran's Fee

Royalty Fee

5.0%
Net Revenues

Ad Fund Fee

1.0%
Total Net Revenues

Why 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.

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?

Initial Investment

$221,813 - $423,831

Min. Liquid Capital

$150,000

Net Worth Required

$350,000

Benefits

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.

  • Training and Support
  • Financing Available
  • Multi Units

Testimonials

Ryan Tollefson, multi unit owner Sacramento, CA: “I really enjoy that it has changed a lot. The business has changed, bringing in light bulbs, going to keys, doing device repair, it has changed with the industry. That has kept me interested, growing and learning” The Batteries Plus Support System has been really good. They have training that has helped bring people up to speed much faster than we could ever do internally. It has continued to get better and better over the years.

Dan Kopp, multi unit owner Kansas City, KS: “I really like the fact that I’m in charge of my own destiny. I can set my own future, set my own goals and priorities. The training helped me with the people part of it, it helped me with the technical part of it. The training helped me set up the store itself, the marketing and everything put together.”

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