Our multi-unit franchise opportunity is a great way to increase your revenue exponentially by leveraging the time-tested Batteries Plus model in two or more locations. With special discounts and a host of perks, there’s no reason not to invest in multiple Batteries Plus Franchises.
When you open two or more Batteries Plus franchises, the franchise fee on your second store will be $34K – nearly 25% savings. You’ll pay a one-time multiple-unit territory fee of $10K when you open two locations, which can be credited towards future franchise fees.
When you open three or more Batteries plus franchises, the franchise fee on your third and subsequent locations will be just $29K. Stores beyond 3 go down to $25K.
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.
Our Personalized Process
Our multi-unit tech franchise opportunity is a great way to maximize returns on your investment. Furthermore, Batteries Plus provides all franchisees with strong support as they work through the pre-opening process – whether you’re opening one location or many. Leverage the resources at your fingertips to the fullest extent by seizing this exciting opportunity.
Learning About the Brand
We’ll give you comprehensive information and connect you with real franchisees. Learn about the high demand for batteries, bulbs, and smartphone repair.
Get to know our leadership team and company culture.
Become a Franchisee
Signing your franchise agreement means we can start building your business.
Develop Your Locations
We’ll work with you to find the perfect locations, build them out, stock them, market them, and much more.
You’ll learn the systems and processes needed to keep each of your franchises running smoothly.
You’ll open your doors to your community, and we’ll continue supporting you throughout the life of your business.
- 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 strong balance of population and business density to support retail, business, and commercial accounts.
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.
LET’S TALK ABOUT FRANCHISING | 1-800-274-9155