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Home > Franchises > Batteries Plus
Batteries Plus
A franchisee is a powerful and effective process that includes the marketing, sale and distribution of products as well as services. Experience of the franchisor and the goodwill of the brand are the vital attributes of a successful franchisee. The franchisor licenses the trademarks and techniques of doing business and performs the distribution of products or services through his associated dealers.
Batteries Plus is a retailer specializing in batteries and related products and services. Batteries Plus was established in 1988 and the first Batteries Plus store opened in Green Bay, Wisconsin, in 1988. Batteries Plus now has stores throughout the country selling batteries for everything from cell phones to aircraft with on-site Tech Centers that design, assemble and test battery systems. Customers include individual consumers and commercial clients such as manufacturers, service businesses and government agencies.
Consumers depend on small, compact products with loaded features. Even the most reliable technology will fail if its power source fails. While the technology of the week makes the headlines, the all-essential battery is the footnote in this explosive market.
In 1988, the entrepreneurs at Batteries Plus developed a simple plan. The plan was to focus on selling and marketing the necessary component of this technology, batteries. Based on this plan, Batteries Plus has become a significant player in the technology arena.
The total investment for this franchise varies from 143,800 to 295,700 dollars. Franchise fee is 35,000 dollars. The ongoing royalty is 4 percent. Term of agreement is 10 years and is renewal. The renewal fee is 2,000 dollars. Batteries Plus was ranked 160 in 2006, 134 in 2005, 129 in 2004, 114 in 2003 and 118 in 2002 according to Entrepreneur magazine 2002-2006.
They offer superior product knowledge, battery conditioning and maintenance, delivery, and a personal contact. They provide superior product and service to a wide variety of industries ranging from the medical industry to the construction industry. They provide the most complete selection from one source.
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