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BATTERIES PLUS

BATTERIES PLUS

Batteries Plus franchises retail stores that sell a wide variety of batteries (600-800 types), light bulbs (100-300 types), and related products, while offering device repair services including screen and battery replacements for smartphones, tablets, and other electronics, as well as key fob repair and replacement. The stores serve both retail customers needing products for home or business use and commercial accounts through a Key Accounts Program. Their business model involves offering individual and multiple unit franchises for these operations, with company affiliates also operating stores.

Since 1996RetailHartland, WIFreeman Spogli & Co.www.batteriesplus.com
Item 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$262,646 - $496,996
Franchise Fee
$44,500
Locations
604

Financial Requirements

Franchise Fee$44,500
Initial Investment Range$262,646 - $496,996
Royalty Rate5.00%
Brand Fund1.00%
Fixed Monthly Fees$940 - $940

5% royalty + 1% national marketing + $940/mo technology/software fees

Franchise Stats

Franchise Locations604
Corporate Locations133
States Operating49
Franchising Since1996
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$935,755
Median Gross Revenue
$811,364
Top Quartile Revenue
$1,608,969
Bottom Quartile Revenue
$491,356
Average Gross Profit
$482,849.58

Data Based On: 494 franchised Same Stores that were in operation for at least 12 full months as of August 31, 2025.

* Average gross revenue ($935,755) was directly extracted from Table A-2 'Franchised Same Stores' on Page 7, which represents the overall average for 494 franchised stores. This value was consistent with the weighted average calculated from segmented data on Page 4 (255 stores at $1,044,798 and 239 stores at $819,412). Median gross revenue ($811,364), revenue for the top quartile ($1,608,969), and revenue for the bottom quartile ($491,356) were also directly extracted from Table A-2 'Franchised Same Stores' on Page 7. Average gross profit was calculated by multiplying the average gross revenue ($935,755) by the Merchandise Margin Percentage (51.6%) for Same Stores (494 stores), as stated on Page 2, which yielded $482,849.58. No data for net income, net profit, or EBITDA for franchised stores was explicitly provided.

Extracted Item 19 Section

How BATTERIES PLUS Compares to Other Specialty Retail Franchises

Key Insights

  • #3 largest franchise system in Specialty Retail
  • Lower than average SBA loan default rate in Specialty Retail
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
BATTERIES PLUS
Current
$263K - $497K$45K5.0%604
MERLE NORMAN COSMETICS$48K - $260KN/AN/A797
CORNWELL$80K - $324KN/AN/A793
PET SUPPLIES PLUS$537K - $2.0M$50K3.0%502
WILD BIRDS UNLIMITED$227K - $379K$40K4.0%340
YOUR CBD STORE$96K - $151K$20K2.0%275
Specialty Retail Average
46 franchises
$285K - $708K$38K5.0%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 46 Specialty Retail franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States by Outlet Count
1FL
64
2TX
64
3CA
40
4GA
33
5NC
29
6AZ
28
7MN
23
8MI
23
9PA
18
10IN
18
11IL
17
12TN
16
13OH
16
14VA
15
15NV
12

+33 more states

SBA Loan History

Historical SBA 7(a) loan data for BATTERIES PLUS franchisees (2010 - 2025)

Total Loans
151
Average Loan Amount
$375,373
Total Loan Volume
$56,681,300
Default Rate
10.6%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases1

Collection of amounts owed by a former franchisee.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
2
Non-Renewals
2
Reacquired by Franchisor
17
Ceased Operations (Other)
11
System Transfers
25
Sold to Franchisees
0
Projected New Franchises
36

Frequently Asked Questions

How much does it cost to open a BATTERIES PLUS franchise?

The total initial investment to open a BATTERIES PLUS franchise ranges from $262,646 to $496,996. This includes a franchise fee of $44,500. Ongoing royalty fees are 5.0% of gross sales.

How much revenue does a BATTERIES PLUS franchise make?

According to the 2025 FDD, the average gross revenue for a BATTERIES PLUS franchise is $935,755. The median revenue is $811,364.

How many BATTERIES PLUS franchise locations are there?

As of the 2025 FDD, BATTERIES PLUS has 604 franchise locations. The company has been franchising since 1996.

Can you get an SBA loan for a BATTERIES PLUS franchise?

Yes, SBA loans are available for BATTERIES PLUS franchises. Historical data shows 151 SBA 7(a) loans have been approved for BATTERIES PLUS franchisees, with an average loan amount of $375,373. The historical default rate is 10.6%.

Is BATTERIES PLUS a good franchise to buy?

BATTERIES PLUS shows several positive indicators: established brand with 604+ locations, transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

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