Batteries Plus
Retail & Consumer Goods · Electronics & Mobile
- Active units
- 606
- Avg unit volume
- $888k
- Royalty
- 5.0%
Franchised, year-end 2023
of weekly Net Sales
About Batteries Plus
Find the right battery, light bulb, charger or repair for your phone or tablet.
Key terms
- Franchise fee
$45k
- Multi-Unit graduated fee
First Store $44,500; second $39,500; third $34,500; fourth and subsequent $29,500
- Existing franchisee expansion
If operating a Store for 36+ months and in good standing, one additional Store for $15,000 IFF if opened within 12 months
- Brand fund
1.0% of Net Sales
- Local advertising
4.0% of Net Sales
- Footprint
1,000 – 1,600 sq ft
- Multiple Unit Franchise Agreement
$15k
- Veteran discount
10000.0% off franchise fee — $10,000 discount off the Initial Franchise Fee for the first Store to qualifying veterans and certain groups
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations604
Franchised units open at year-end
- New openings30
Gross new units opened during the calendar year
- 1-year unit growth rate-0.3%
Net unit growth versus prior year
- 3-year unit CAGR-0.4%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.4×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate5.4%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$411k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.