• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Menu
  • Home
  • About
    • About Franchise Chatter
    • Contact
    • Privacy Policy
    • Terms of Service
    • Affiliate Disclosures
  • Subscribers Only
    • Login
    • New to Franchise Chatter? Start Here
    • America’s Most Lucrative Franchises
    • Franchises Ranked by Average Revenues
    • Franchises Ranked by Average Profits
    • Franchise Winners, Survivors and Losers Last Year
    • FDD Talk
    • Search by Name
  • Top Franchises
  • Franchise Earnings
  • Costs
  • Fees
  • Quiz
  • Search

FDD Talk 2017: What You Need to Know About the Batteries Plus Bulbs Franchise Opportunity (Financial Performance Analysis, Costs and Fees)

Last updated on March 28, 2022 by Franchise Chatter Leave a Comment
in Battery Franchise, FDD Talk: Retail Franchises, Franchise Earnings, Retail Franchise



Learn Which Franchises Can Make You Rich

For the most up-to-date financial information, check out our latest FDD Talk post analyzing Batteries Plus’ average revenues, expenses, and/or profits.

In this FDD Talk 2017 post, you’ll learn the following:


💵America's Most Lucrative Franchises of the Year (Subscribe Now to Unlock)



🎯Find GOOD Franchises in Your Target Industries That Are STILL Available in Your Area (Free Tool)


  • Section I – Background information on the Batteries Plus Bulbs franchise opportunity, including relevant news updates
  • Section II – Estimated initial investment for a Batteries Plus Bulbs franchise, based on Item 7 of the company’s 2017 FDD
  • Section III – Initial franchise fee, royalty fee, marketing fee, and other fees for a Batteries Plus Bulbs franchise, based on Items 5 and 6 of the company’s 2017 FDD
  • Section IV – Presentation and analysis of Batteries Plus Bulbs’ financial performance representations, based on Item 19 of the company’s 2017 FDD, including information on the:
  • 2016 average net revenue and merchandise margin for franchised and company-owned Batteries Plus Bulbs Stores that were in operation for the entire 12-month period ended December 31, 2016
  • 2016 average annual net revenue percentage increase for Stores that were in operation for the entire 12-month period ended December 31, 2016
  • 2016 average annual net revenue percentage increase for all Stores in operation as of the last day of the most recent year
  • 2016 average merchandise margin for retail and commercial customers for all Stores in operation as of the last day of the most recent year
  • 2016 average retail and commercial revenue as a percentage of total revenue for all Stores in operation as of the last day of the most recent year
  • average net revenue for the first full 12 calendar months of operation for franchised Stores opened in 2013, 2014, and 2015
  • average net revenue and average merchandise margin for Stores that were in operation for the entire 12-month period ended December 31, 2016, by length of time a Store has been in operation (1 to 3 years, 4 to 6 years, and 7+ years)
  • 2016 average net revenue, expenses, and EBITDA for company-owned Stores owned and operated for 10 years or more

Section I – Background Information

9 Things You Need to Know About the Batteries Plus Bulbs Franchise

Company Acquired by Another Private Equity Firm

1.  In July 2016, after over eight years of ownership by Atlanta-based Roark Capital, Batteries Plus Bulbs was acquired by Los Angeles-based private equity firm Freeman Spogli & Co. The financial terms of the acquisition were not disclosed.

2.  Freeman Spogli also owns hhgregg, Sur La Table, and Boot Barn. According to Freeman Spogli partner Benjamin Geiger, “Batteries Plus Bulbs is uniquely positioned as the category specialist in its large and growing markets.” Geiger also says that Batteries Plus Bulbs has “successfully established customer loyalty through its unmatched product offering and knowledgeable staff.”

Franchisees Celebrate 10th Anniversary

3.  In early October 2016, John Dombrowski and business partner John Butts, owners of Batteries Plus Bulbs in Flushing, Michigan, celebrated their store’s 10th anniversary. According to the two, they decided to open a Batteries Plus Bulbs after a chance meeting with an owner of several Batteries Plus Bulbs stores. After speaking with the multi-unit franchisee, Butts and Dombrowski immediately liked the concept.


🥇Franchises Ranked by Average Revenues & Profits (Subscribe Now to Unlock)



🎯Find GOOD Franchises in Your Target Industries That Are STILL Available in Your Area (Free Tool)


Combating the “Amazon Effect”

4.  With the rise of Amazon, many retail stores have been struggling to compete with the online giant when it comes to pricing and the ease and convenience of shopping online rather than going to a physical store. Despite the competition from Amazon, Batteries Plus Bulbs has remained successful, with a 7 percent growth in sales for 2016.

5.  According to Russ Reynolds, CEO of Batteries Plus Bulbs, Amazon can’t offer immediate service. Reynolds says, “Most people, when they have an energy outage, don’t want to wait 48 hours to replace that battery.” The CEO also says that Batteries Plus Bulbs has an edge over Amazon through its service. Customers unfamiliar with electronics often need products installed for them, which Batteries Plus Bulbs can do.

Company History

6.  The first Batteries Plus opened in 1988 in Green Bay, Wisconsin as a store that sold and recycled batteries of varying sizes and voltages. The company began franchising in 1992 and the first franchised location opened in Fort Wayne, Indiana. In 2010, the company began selling light bulbs and in 2012 changed its name to Batteries Plus Bulbs.


🏆Franchise Winners, Survivors and Losers Last Year (Subscribe Now to Unlock)



🎯Find GOOD Franchises in Your Target Industries That Are STILL Available in Your Area (Free Tool)


7.  In order to keep up with a changing market, in 2014 Batteries Plus Bulbs launched smartphone and tablet repair services nationwide, providing in-store repairs for cracked screens, battery replacements, and more.

8.  Today, there are over 650 Batteries Plus Bulbs stores in the U.S.

Entrepreneur’s Franchise 500

9.  Batteries Plus Bulbs has appeared on Entrepreneur’s annual Franchise 500 list every year in the last decade. The company’s highest rank was No. 71 in 2012 and 2013, while its lowest rank was No. 147 in 2017.

Section II – Estimated Costs

  • Please click here for detailed estimates of Batteries Plus Bulbs franchise costs, based on Item 7 of the company’s 2017 FDD (updated).

Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees

  • Please click here for detailed information on Batteries Plus Bulbs’ initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2017 FDD.

Section IV – Financial Performance Representations (Item 19, 2017 FDD) and Analysis



To Access the Rest of This Article and Other Premium, Income-Enhancing Content, Subscribe Now or Log In.

Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment. Click Here to Learn More.



Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment - See more at: https://www.franchisechatter.com/register/#sthash.le7wKJKM.dpuf

💰How Much Franchise Can You Afford? Use Our Free Financial Calculator



🎯Find GOOD Franchises in Your Target Industries That Are STILL Available in Your Area (Free Tool)



Tagged as: Batteries Plus

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous post: FDD Talk 2017: What You Need to Know About the Jimmy John's Franchise Opportunity (Financial Performance Analysis, Costs and Fees)

Next post: Considering an Arby's Franchise? Don’t Overlook These 18 Important Franchise Fees

Primary Sidebar

https://youtu.be/-pkxCF6_QOs

🤷‍♀️Why Work with a Franchise Broker?

A good franchise broker can help you to find the right franchise. They provide:

✅ Recommendations based on their assessment of historical financial performance (Item 19, FDD) instead of just franchise marketing materials.

✅ Franchise matches based on your goals, strengths, and passions.

✅ Demographic analysis to find franchises that could work in your area.

✅ A portfolio of franchises to meet almost any budget, interest, or goals.

✅ Referrals to other specialists, like franchise lawyers.

✅ Information on financing sources.

✅ Coaching in the due diligence process, based on experience with dozens of candidates.

✅ Help presenting yourself in the best light, to increase your chances of success.

✅ No fees for their services: franchisors pay them a success fee if an agreement is signed.

To get started, fill out this form, and a specialist from the Franchise Brokers Association will reach out to you.

Login

Remember Me
Register | Lost your Password?
Reminder: Your username and password are case-sensitive.

Need help? Email franchisechatterblog@gmail.com

🎯Find GOOD Franchises in Your Target Industries That Are STILL Available in Your Area (Free Tool)

💰How Much Franchise Can You Afford? Use Our Free Financial Calculator

As seen in:  New York Times, Bloomberg Businessweek, and CNBC

🚀 Daily FDD Talk Posts

Screenmobile Franchise

Papa Murphy’s Franchise

Pure Barre Franchise

Schlotzsky’s Franchise

Assisting Hands Home Care Franchise

Wireless Zone Franchise

All Dry Services Franchise

ZIPS Dry Cleaners Franchise

Domino’s Pizza Franchise

Property Management Inc. Franchise

Synergy HomeCare Franchise

Fastest Labs Franchise

Units Moving and Portable Storage Franchise

Checkers & Rally’s Franchise

ShelfGenie Franchise

Freddy’s Frozen Custard & Steakburgers Franchise

Mr. Electric Franchise

KFC Franchise

Real Property Management Franchise

Dunkin’ Franchise

RockBox Fitness Franchise

Jimmy John’s Franchise

Five Star Painting Franchise

Noodles & Company Franchise

Relax the Back Franchise

MOOYAH Franchise

Senior Helpers Franchise

Slim Chickens Franchise

Salons by JC Franchise

Teriyaki Madness Franchise

Storm Guard Roofing and Construction Franchise

Baskin-Robbins Franchise

Anytime Fitness Franchise

Blaze Pizza Franchise

Jiffy Lube Franchise

🏆 Best Franchises by Industry

Best Franchises by Industry (All Lists)

Best Barbershop Franchises

Best Laundromat Franchises

Best Storage Unit Franchises

Best Car Wash Service Franchises

Best Gym and Fitness Franchises

Best Pizza Franchises

Best Sandwich Franchises

Best Childcare Franchises

Best Ice Cream Franchises

Best Coffee Franchises

Best Hamburger Franchises

Best Salon and Beauty Franchises

Best Chicken Franchises

Best Smoothie and Juice Franchises

Best Maid Service Franchises

Best Mexican Restaurant Franchises

Best Massage Service Franchises

Best Tutoring Franchises

Best Auto Repair Franchises

Best Auto Oil Change Franchises

Best Asian Restaurant Franchises

Best Pet Franchises

Best Commercial Cleaning Franchises

Best Sports Bar Franchises

Best Baked Goods Franchises

Best Moving/Junk Removal Franchises

Best Mailbox Franchises

Best Apparel Retail Franchises

Best Senior Care Franchises

Best Restoration Franchises

Best Tech Franchises

Best Travel Agency Franchises

Best Trampoline Park Franchises

Best Tools Distribution Franchises

Best Salon Suites Franchises

Best Property Management Franchises

Best Laboratory Services Franchises

Best Staffing/Recruiting Franchises

Best Real Estate Franchises

Most Profitable Franchises

Top Low Cost Franchises

Starting a Business During a Recession

Franchise Chatter uses affiliate links for Franchise Help and the Franchise Brokers Association.

Franchise Chatter © 2022