Batteries Plus Bulbs Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$49,500
Investment required
$197,000 - $466,000
Royalty fee
5.00%

Batteries Plus Bulbs: Illuminating Success in Power and Lighting Solutions

Batteries Plus Bulbs, founded in 1988 in Green Bay, Wisconsin, began with the mission to meet customers’ needs through a combination of quality products and superior technical knowledge. Over the years, the company has grown significantly and is now headquartered in Hartland, Wisconsin. By 1992, Batteries Plus Bulbs started franchising, expanding its reach and impact across the United States.

Today, Batteries Plus Bulbs is recognized as the nation’s largest and fastest-growing battery, light bulb, cell phone repair, and key fob replacement franchise. Their extensive product line includes batteries for various applications, lighting solutions, phone repair services, and key fob programming.

One of the key differentiators of Batteries Plus Bulbs is its commitment to convenience and expertise. The franchise offers services such as battery testing, phone and tablet repairs, and key cutting, which have earned them a loyal customer base. This dedication to providing comprehensive solutions and exceptional service helps them stand out in the competitive market.

With its substantial growth and continuous innovation, Batteries Plus Bulbs remains a trusted and reliable name in the industry, supporting both retail and business customers with their power and lighting needs.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount (Low) Amount (High)
Initial Franchise Fee $15,000 $49,500
Real Estate See Note 4 See Note 4
Leasehold Improvements $0 $80,000
New Store Marketing Campaign Contribution $13,000 $20,000
Equipment and Fixtures $28,000 $52,000
Signage $6,900 $15,700
Inventory $30,500 $77,600
Miscellaneous Supplies $2,000 $5,000
Prepaid Expenses and Deposits $0 $13,500
Retail Management System $39,000 $41,000
Omni-Channel Access Fee $10,000 $10,000
Training $200 $2,900
Miscellaneous Pre-opening Expenses $1,800 $8,000
Delivery Vehicle $1,000 $18,500
New Store Commercial Support - 3 months $0 $11,900
Additional Funds - 3 months $50,000 $60,000
TOTAL $197,400 $465,600

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Number of units

2023
Franchised units

605

590

609

Company-owned units

95

112

112

Total units

700

702

721

Franchise Disclosure Document

Training 

Batteries Plus Bulbs provides a comprehensive training program designed to ensure franchisees are well-prepared to run their new business successfully. The training combines both online and in-person instruction, focusing on various aspects crucial to operating a Batteries Plus franchise.

Initial Training: The initial training program covers a wide range of topics essential for new franchisees. This includes store operations, cash control, using the Retail Management System, and understanding the equipment and products sold by Batteries Plus. The program also emphasizes methods of controlling operating costs, ensuring that franchisees can manage their business efficiently from day one.

On-the-Job and Classroom Training: Franchisees receive 84 hours of on-the-job training and 168 hours of classroom training. This hands-on approach allows new owners to learn directly in a store environment, gaining practical experience in managing daily operations, customer interactions, and technical services offered by Batteries Plus.

Ongoing Training and Support: Batteries Plus also offers ongoing training to help franchisees stay updated with the latest industry trends, products, and best practices. This includes business coaching and access to an online learning management system, which provides valuable resources and tools to keep the business running smoothly.

Territory Protection

Batteries Plus Bulbs offers territory protection to its franchisees, ensuring they have a defined area where no other Batteries Plus store will be established. This protected area typically extends to either a three-mile radius or encompasses 150,000 people, whichever is smaller. 

This arrangement helps franchisees secure their market and reduce direct competition from other Batteries Plus locations within their territory.

During the term of the Franchise Agreement, as long as franchisees comply with its provisions, the franchisor will not open another franchised or company-owned store within the protected area. 

This territorial exclusivity is designed to provide franchisees with a more stable and predictable market environment, fostering better business growth and customer retention. By safeguarding their operational area, franchisees can focus on building their business without the immediate threat of new internal competition.

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