Batteries Plus Bulbs Franchise FDD, Profits & Costs (2025)
Batteries Plus Bulbs, originally founded in 1988 in Green Bay, Wisconsin, has grown into a leading battery, light bulb, and smartphone repair franchise.
As the first franchise of its kind, Batteries Plus Bulbs began franchising in 1992, quickly expanding its footprint across the United States. The franchise headquarters is located in Hartland, Wisconsin.
The franchise sells a wide array of batteries, light bulbs, and related products, serving both retail and business-to-business customers.
Additionally, many stores offer in-store repairs for smartphones and tablets, enhancing their service offerings and providing a comprehensive solution for customers’ tech needs.
This combination of products and services helps differentiate Batteries Plus Bulbs from other retailers by providing a one-stop-shop for power and light solutions along with tech repair services.
Initial Investment
How much does it cost to start a Batteries Plus Bulbs franchise? It costs on average between $263,000 – $497,000 to start a Batteries Plus Bulbs franchised store.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the location, and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $15,000 – $44,500 |
| Travel and Living Expenses during Training | $500 – $2,900 |
| New Store Commercial Support (3 months) | $0 – $3,450 |
| Retail Management System | $38,986 |
| Omni-Channel Access Fee | $10,000 |
| Miscellaneous Pre-opening Expenses | $1,800 – $5,000 |
| Insurance Premiums (3 months) | $1,200 – $5,000 |
| Delivery Vehicle | $1,000 – $18,500 |
| Additional Funds (3 months) | $11,000 – $17,000 |
| Subtotal Prior to Site Acceptance | $79,486 – $145,336 |
| New Store Opening Hardware Kit | $7,000 – $10,000 |
| Traffic Equipment and Software | $860 |
| New Store Marketing Campaign Contribution | $5,000 – $6,000 |
| Minimum Store Promotion Requirement | $20,000 |
| Rent – Security Deposit and 3 Months’ Rent | $8,000 – $19,000 |
| Leasehold Improvements | $0 – $116,000 |
| Equipment and Fixtures | $33,000 – $39,000 |
| Signage | $7,500 – $16,000 |
| Inventory | $57,500 – $74,000 |
| Miscellaneous Supplies | $4,300 – $5,800 |
| Additional Funds (3 months) | $40,000 – $45,000 |
| Store Build Out and Opening Subtotal | $183,160 – $351,660 |
| Total Estimated Initial Investment | $262,646 – $496,996 |
Average Revenue (AUV)
How much revenue can you make with a Batteries Plus Bulbs franchise? A Batteries Plus Bulbs franchised shop makes on average $794,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $654,000 yearly revenue for similar electronics franchises.
Below are a few Batteries Plus Bulbs competitors as a comparison:
Download the Franchise Disclosure Document
Frequently Asked Questions
How many Batteries Plus Bulbs locations are there?
As of the latest data, Batteries Plus Bulbs operates over 737 locations across the United States, with 604 of these being franchise-owned stores. The company, which specializes in batteries, bulbs, and related services, has continued its expansion efforts to meet rising demand for essential products, adding dozens of new stores in recent years.
What is the total investment required to open a Batteries Plus Bulbs franchise?
The total investment required to open a Batteries Plus Bulbs franchise ranges from $263,000 to $497,000.
What are the ongoing fees for a Batteries Plus Bulbs franchise?
A Batteries Plus Bulbs franchise requires franchisees to pay a 5% royalty fee on gross sales, which grants access to the brand’s resources, operational support, and system-wide upgrades.
Additionally, there is a 2% marketing fee on gross sales that funds national advertising and brand promotion, benefiting franchisees through increased brand recognition and customer reach.
What are the financial requirements to become a Batteries Plus Bulbs franchisee?
To become a Batteries Plus Bulbs franchisee, candidates need a minimum net worth of $350,000 and at least $100,000 in liquid capital. These financial requirements ensure franchisees have sufficient resources for start-up and early operational expenses.
How much can a Batteries Plus Bulbs franchise owner expect to earn?
The average gross sales for a Batteries Plus Bulbs franchise are approximately $0.79 million per location. Assuming a 15% operating profit margin, $0.79 million yearly revenue can result in $119,000 EBITDA annually.
Who owns Batteries Plus Bulbs?
Batteries Plus Bulbs is owned by Freeman Spogli & Co., a private equity firm based in Los Angeles. Freeman Spogli acquired the company in 2016 from Roark Capital, another private equity firm. Batteries Plus Bulbs operates as a privately held company under Freeman Spogli’s ownership, with headquarters in Hartland, Wisconsin.
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