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Batteries Plus
925 Walnut Ridge Dr., # 100
Hartland, WI 53029-9389


Submit an online form to receive information from Batteries Plus.
Business Description

BATTERIES PLUS is America's Battery Experts (TM), providing 1,000s of batteries for 1,000s of items, serving both retail and commercial customers. The $19 billion battery market, growing 6.5% annually, is driven by technology and lifestyles. BATTERIES PLUS is a unique opportunity in this growth industry not yet saturated with competitors. Our turn-key program includes a unique store design, graphics, signage and product brands and proven operating methods.

Franchisor Background

Year Established:  1988

Franchising Since:  1992

Operating Units:

Franchised Units:

315

95.2%
Company-Owned Units:164.8%
 
Total Operating Units:
331
100.0%
 
Geographic Distribution:
U.S.:315100%In 40 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
315
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Michigan8
2. Minnesota17
3. Wisconsin16

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:
Minimum Net Worth: $500K
Cash Investment:$100K
Total Investment:$179-350K
Average Total Investment:$225K
 
Fees:
Initial Franchise Fee:$30K
Average Franchise Fee:$30K
On-Going Royalty:4%
Average Royalty:4%
Advertising Fee:1%
 
Average Number of Employees: 3-4 Full-time, 0 Part-time

Space Needs (in square footage): 1,800-2,000

Preferred Sites: Free-standing Building, Storefront, Strip Center

Other Sites:

Encourage Conversions? No

Earnings Claims Provided?: Yes

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:2
Formal Education:3
Psychological Profile:2
Personal Interview(s):3
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 100
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Direct
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Included in Fees
 
Training:
1. Corporate Training Center3 Weeks
2. On-Site Franchisee's Store2 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 35

U.S.:

Yes, All United States
Canada:No
Overseas:No
Submit an online form to receive information from Batteries Plus.