The Process to Open a Battery Store Franchise
If you’re interested in opening a battery store franchise, you’re in the right place. Batteries Plus has been around since 1988 and has opened over 700 locations since then. Having opened so many, we’ve streamlined the process. Now, it’s easier than ever for franchisees to open a new store with our guidance and support. As you work towards the process of learning about our brand, you’ll get a full breakdown of everything that goes into opening a new store.
Here, get a sneak peek at some of the steps you’ll take when you open a lighting franchise with Batteries Plus.
Key Steps in the Process Towards Opening a Cell Phone Repair Franchise with Batteries Plus
01. Learning About the Brand
You’ll receive comprehensive information and connect with real franchisees. Learn about the high demand for batteries, bulbs, and smartphone repair.
04. Develop Your Location
Batteries Plus works with you to find the perfect location, build it out, stock it, market it, and much more.
02. Discovery Day
Get to know our leadership team and company culture.
05. Training School
You’ll learn the systems and processes needed to keep your business running smoothly.
03. Become a Franchisee
Signing your franchise agreement means we can start building your business.
06. Grand Opening
You’ll open your doors to your community, and we’ll continue supporting you throughout the life of your business.
Total Industry Value
From Our 2021 FDD
Average Unit Volume (AUV)
All franchise locations
of franchise locations
of franchise locations
Our Average Multi-unit franchisee owns 4+ stores
*The $824,389 in average net revenue is based on net sales information of the 598 Batteries Plus® stores in operation during the entire 2020 calendar year. Of the 598 stores, 238 stores (40%) met or exceed the average net revenue. The $1,118,756 in average net revenue is based on net sales information of 299 Batteries Plus® stores in the top 50% of the 598 Batteries Plus® stores in operation during the entire 2020 calendar year. Of the 299 stores, 100 stores (33%) met or exceed the average net revenue. The average net revenue of the 299 Batteries Plus® stores in the bottom 50% of the 598 Batteries Plus® stores in operation during the entire 2020 calendar year was $530,013. Of these 299 stores, 159 (53%) met or exceeded the average net revenue. The $1,813,041 in average net revenue is based on net sales information of 59 Batteries Plus® stores in the top 10% of the 598 Batteries Plus® stores in operation during the entire 2020 calendar year. Of the 59 stores, 20 stores (34%) met or exceed the average net revenue. The average net revenue of the 59 Batteries Plus® stores in the bottom 10% of the 598 Batteries Plus® stores in operation during the entire 2020 calendar year was $334,747. Of these 59 stores, 36 (61%) met or exceeded the average net revenue. The 52.4% average merchandise margin is based on the average merchandise margin for all 598 Batteries Plus® stores in operation during the entire 2020 calendar year. There is no assurance, however, that you will do as well. See Item 19 of our 2021 FDD for further details.
Single & Multi Unit Support
Opening a tech franchise with Batteries Plus is a straightforward process, whether you open one location or many. Not only does our team provide you with comprehensive support every step of the way as you open every one of your locations, but you also have the opportunity to save money.
Below are just a few of the ways we support our single and multi-unit investors throughout the process:
to identify the perfect locations to open a smartphone repair franchise in your community
Site selection guidance
to help you find retail spaces that meet our criteria
to generate a buzz in your community
to keep your business running smoothly once its doors have opened
- Available Markets
Let’s Talk Multi-Unit Locations
There is franchise availability in all 50 states and in Puerto Rico, so there’s plenty of opportunity for you to establish your own store (or stores!), and to grow right along with us. Ideal territories require a population of at least 75,000, and enough business density to support commercial account sales.
Do you have questions?
We have answers.
YOU CAN FIND ALL ANSWERS HERE IF YOU NEED THEM
The franchise agreement specifies that your store will open in 9 months from the time you sign it. That said, the typical timeline is more like 7-9 months. The primary variable is real-estate availability in your chosen territory.
Check out our Support page for some examples! We’re always developing new tools, like our comprehensive Retail Management System, designed to simplify your job and strengthen your revenue streams.
While Batteries Plus stores thrive today in a wide variety of markets, there are a few key attributes we look for, including residential population and local business density. As a consumer-oriented retail store, we prefer to be located in markets with destination-driven retail shopping areas typically populated with ‘big box’ stores. Freestanding buildings, strip centers, or dual-usage buildings of at least 1500-1800 square feet located in these high-traffic areas are ideal locations for our storefronts.
Our Franchise Development team will review your areas of interest and provide an assessment of the market opportunity.
Contact Us to Learn More
Are you wondering what it takes to become a Batteries Plus franchise? We’d love to give you more information. Get in touch today, and we’ll set up a time to talk.