Open Batteries Plus Franchise
Batteries Plus Franchise is the leader in battery industry. Their franchise opportunities are tailored to entrepreneurs who could apply business knowledge into a unique undertaking. Do you want to consider putting up a Batteries Plus Franchise?
We have a good guide. Who knows, it could be the key to your success.
The first retail store of Open Batteries Plus opened at Green Bay, Wisconsin in 1988. Then, the first franchise opened in 1992 at Ft. Wayne, Indiana. There are over 340 retail locations nationwide today, with more than 60 under development.
The U.S. battery market is a $24 billion industry. When you invest in a Batteries Plus franchise, you’re investing with reason and stability. To be exact, the average net sale of every top performing store is $1,293,705.
Batteries Plus Store Guide
The battery industry is growing at a rate of 6% a year. In addition, Batteries Plus franchise can allow you to earn income from multiple sales channels such as e-commerce, national accounts, commercial, and retail.
Upon receiving your application, the franchise development team will take you to a comprehensive process and show you the next steps in owning a Batteries Plus franchise.
Step 1: Meet the team – through in-depth conversations, you will be informed of the franchise opportunity and what it takes to have success.
Step 2: Review the franchise disclosure document (FDD) – upon your application approval, you will receive a copy of the FDD detailing the franchise system details.
Step 3: Talk with existing franchisees – you can choose from over 236 franchise owners to interview so that you can research and understand more about the store.
Step 4: Discovery Day – you’re invited to visit the corporate office (located near Milwaukee, Wisconsin) and talk to the executive team first hand in all company areas including product management, real estate, marketing, franchise relations, and operations. You can also tour a Batteries Plus store, distribution hub of Ascent supply chain, and national training center.
Batteries Plus Store License
The investment range of capital for Batteries Plus franchise is $144,000-$301,888. This already includes build out, product, and real estate. It varies based on regional factors, site selection, and more.
Here are a few reasons why it would be wise to choose this franchise:
1. Multiple Revenue Streams – this franchise offers different revenue streams.
2. Solid Foundation – an established supply chain would allow more buying power together with leading national brands. You can also have the ability to deal directly with manufacturers for control and licensed brands. Centralized warehouse distribution center will enable high stock levels, consolidated shipments, and small minimum order requirements.
3. Breadth of Line – over 15,000 different battery types are carried by Batteries Plus.
4. Community – you can be a member of a community of franchise owners sharing the same business goals and relying on one another for best business practices advice.
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