Batteries Plus

Batteries Plus

Information based on 2024 FDD

Retail · Tech + Tech Accessories

Investment min
$252K
Total: $252K–$494K
Avg gross revenue
$888K
Unit-level, 2024
Franchise fee
$15K–$45K
Per current disclosure
Royalty
5%
of gross revenue
Locations
606
Franchising since 1992

Description

What is Batteries Plus?

Batteries Plus stands as America's leading destination for batteries, lighting solutions, and device repair services. Founded in 1988, this retail powerhouse has evolved from a simple battery store into a comprehensive tech solution provider that meets the ever-growing power and repair needs of modern consumers.

The franchise's success is built on a dual-revenue model that combines retail sales with professional services. Their extensive inventory includes batteries for everything from cars and boats to phones and watches, alongside a vast selection of light bulbs and other tech accessories. What truly sets Batteries Plus apart is their certified repair services, offering expert fixes for smartphones, tablets, and other electronic devices, often at more competitive prices than manufacturer service centers.

Store owners benefit from multiple revenue streams, including retail sales, commercial accounts, and tech repair services. The business model is particularly resilient, as batteries and device repairs remain in constant demand regardless of economic conditions. Their network of locations serves both individual consumers and business clients, providing essential products and services that are increasingly vital in our tech-dependent world.

The franchise provides comprehensive training and ongoing support to franchisees, ensuring they can deliver the high-quality service that customers have come to expect. With strong brand recognition, a proven business model, and a focus on customer service excellence, Batteries Plus continues to expand its footprint while adapting to emerging technologies and consumer needs.
  • 35+ years proven franchise system
  • 722 locations nationwide market presence
  • Essential services recurring customer base
  • Dual revenue streams products services
  • Specialized tech repair capabilities
  • Strong unit performance metrics

Location Analysis

Where Batteries Plus wins

Batteries Plus demonstrates strong market penetration with widespread coverage across multiple states, showing particular strength in the South and Midwest. The brand maintains a notable concentration in Texas, Michigan, Florida, Illinois, and Virginia, indicating successful market adaptation across diverse regional economies. The franchise's strong customer satisfaction ratings across thousands of reviews suggests consistent service quality and strong operational execution across markets.

The franchise's geographic distribution reveals strategic clustering in high-population states while maintaining presence in secondary markets. This pattern suggests a successful balance between urban and suburban locations, typically positioned in retail corridors with strong vehicular traffic and commercial activity. Ideal locations feature proximity to both residential and business districts, capitalizing on dual revenue streams from consumer and commercial battery needs.

Significant expansion opportunities exist in several states currently without presence, particularly in the Northeast and Northwest regions. Successful locations typically occupy 1,500-2,500 square feet in shopping centers with strong anchor tenants and demonstrate optimal performance in areas with median household incomes above $50,000 and daytime population density exceeding 20,000 within a 3-mile radius. The brand's strong presence in diverse markets indicates adaptability to various demographic profiles while maintaining consistent performance metrics.
Total US locations
722
Franchise units
606
Corporate locations
116
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Batteries Plus

Avg gross revenue$887,757
Investment range$252,286 – $493,836
Investment midpoint$373,061
Brand fund1%
Royalty5%
Franchise fee$15,000–$44,500
Min. net worth
Min. liquid capital
Batteries Plus requires an investment of $252,286 to $493,836, positioning it as a premium franchise opportunity within the tech accessories sector. This investment level exceeds the sub-sector average range of $142,523-$324,389, reflecting the brand's established market position and comprehensive business model. The higher capital requirement typically includes specialized inventory, technical equipment for repair services, and build-out costs for retail locations.

The franchise operates in the resilient battery and tech repair market, benefiting from recurring replacement needs and the growing complexity of consumer electronics. With 722 units and 35 years of operational history since 1988, the system demonstrates substantial maturity and proven scalability. The reported gross revenue of $887,757 significantly exceeds the sub-sector average of $436,792, indicating strong unit-level performance potential.

Ideal investors should possess substantial liquid capital given the premium investment tier, with retail or technical service experience preferred. The business model combines product sales with higher-margin repair services, requiring operational sophistication but offering revenue diversification. Territory rights and market protection are critical considerations given the specialized nature of the business.

The franchise benefits from essential service positioning—batteries and device repairs represent necessity purchases rather than discretionary spending. Multi-unit development opportunities exist for qualified investors with adequate capital reserves. Prospective franchisees should thoroughly review the FDD and conduct comprehensive due diligence, particularly regarding territory demographics, competition density, and local market demand patterns before committing to this premium-tier investment opportunity.
Did you know? Did you know that launching your own Batteries Plus franchise - the go-to destination for batteries, bulbs, and device repair services - requires a total investment ranging from $252,286 to $493,836, which covers everything from your franchise fee and initial inventory to store buildout and equipment needed to serve customers seeking reliable power solutions for their electronics, vehicles, and home devices?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$252K–$494K
Most common
$252,286
Minimum
$373,061
Midpoint
$493,836
Maximum

Per FDD Item 7, total initial investment ranges from $252,286 to $493,836. The midpoint $373,061 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$1M$800K$600K$400K$200KN/A
$864K
$865K
$888K
2022
2023
2024
Avg
$872K
YOY change (2023 -> 2024)
+3%

According to Item 19 of the Franchise Disclosure Document, Batteries Plus has an average gross revenue of $888K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

0% YoY
1,0008006004002000
2017
2018
2019
2020
2021
2022
2023
2024
722 units open as of 2024 FDD+1 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Batteries Plus's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Batteries Plus franchise typically ranges between $252,286.00 and $493,836.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Batteries Plus
Batteries Plus
$888K avg revenue · 606+ US franchises

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