Batteries Plus Bulbs Franchise For Sale - Phone Repair & Electronic Store
Batteries Plus Bulbs Franchise Opportunities
Batteries Plus Bulbs is a chain of battery and light bulb products stores in the United States and Puerto Rico providing also tablet and phone repair service. The company was founded in 1988 and is based in Hartland, Wisconsin.
Batteries Plus Bulbs also provides franchise opportunities. As of 2018, the company operates 666 franchises in the United States.
How to open a Batteries Plus Bulbs franchise?
- Ensure you have adequate capitalization.
In order to open a Batteries Plus Bulbs franchise, you must have a net worth of more than $250,000.
- Appreciate the investment required for a store franchise.
You will need to consider building and real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Batteries Plus Bulbs franchise owner. And you don’t need any specialized industry knowledge to open a franchise.
- Assess market availability.
You will want to look at the market availability for Batteries Plus Bulbs franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the Batteries Plus Bulbs franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Batteries Plus Bulbs franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does Batteries Plus Bulbs franchise cost?
Batteries Plus Bulbs has the franchise fee of up to $37,500, with total initial investment range of $190,144 to $367,358.
Initial Investment: $190,144 - $367,358
Net-worth Requirement $250,000
Liquid Cash Requirement $100,000
Initial Franchise Fee $37,500
Ongoing Royalty Fee 5%
Ad Royalty Fee 1%
On-The-Job Training: 16 hours
Classroom Training: 149 hours
Additional Training: Ongoing
Number of Employees Required to Run: 4
Batteries Plus Bulbs Franchise Info: https://www.batteriesplus.com/franchise
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Starting investments from:$190,144
- Company foundation year:1988
- Year of launching the franchise1992
- Franchise enterprises:660
- Corporate Address:1325 Walnut Ridge Dr. Hartland, WI 53029, USA