The staff of Forbes® magazine recently ranked Batteries Plus Bulbs as one of America’s Best Franchises to Buy for the fifth year in a row.

Batteries Plus Bulbs claimed the number seven spot in the publication’s list of top ten franchises in the Medium Investment range, where investments range from $299,850 to $498,387. The battery, bulb and device repair retailer has over 700 locations throughout the U.S. and Puerto Rico and shows a 5-year growth rate of 4.22%.

The annual list itself is created in conjunction with the franchise industry research firm FRANdata. The firm begins with a list of 3,300 active franchise brands and uses data compiled between 2013 and 2017 to measure each franchise’s performance and narrow them down to the 30 best and worst franchise investments of 2019.

In creating the list, special weight is given to each brand’s activity and level of performance, as well as its scale of operations. FRANdata also factors in a number of additional considerations, such as each brand’s system sustainability, system demand, value for investment, franchisor support and franchisor stability.

While the list encompasses a diverse array of different industries ranging from fast food to childcare to massage spas, Batteries Plus Bulbs is the only franchise of its kind on the list. Batteries Plus Bulbs’ distinguishes itself in the franchise world by offering its owners multiple revenue streams. Our stores sell batteries and light bulbs, and offer device repair, vehicle key cutting/key fob programming and other needs-based products and services that are largely insulated from fluctuating market trends. Owners also love us for our comprehensive system of support, our extensive Quality Assurance facilities and for the ability to build up their business through commercial sales. It is this simple, stable business model that has positioned the company as a strong franchise performer for the past five years.

Read about the rankings and see the full list opens in new window

Forbes Ranked number 7 Best Franchises in America

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