Interstate All Battery Center Franchise FDD, Profits, Costs & Fees (2024)
Interstate All Battery Center, stemming from the well-established Interstate Battery System founded in 1952 by John Searcy in Dallas, Texas, offers franchise opportunities to entrepreneurs seeking to enter the battery retail market.
The Interstate All Battery Center franchise program itself began in 1999 after Interstate Battery acquired Battery Patrol.
This merger allowed them to expand their reach and establish a network of franchised stores. Interstate All Battery Centers distinguish themselves by offering a vast selection – they boast having “Every Battery for Every Need” – catering to vehicles, electronics, appliances, and more.
Their stores are staffed by “battery experts” who can advise customers on the right battery for their specific needs.
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Initial Investment
How much does it cost to start a Interstate All Battery Center franchise? It costs on average between $179,000 – $438,000 to start a Interstate All Battery Center franchised center.
this includes costs for facility setup, equipment, inventory, and initial operating expenses. The exact investment amount varies based on several factors, such as the type of location selected, its geographical area, and whether the franchisee decides to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Real Property | $6,600 to $27,000 |
| Leasehold Improvements | $0 to $150,000 |
| License Fee | $37,500 |
| Initial Training Expenses | $3,000 to $5,000 |
| Existing Account Acquisition Payment | $0 to $5,000 |
| Furniture, Fixtures, Signage & Equipment | $30,000 to $55,000 |
| Architectural & Permitting | $0 to $10,000 |
| Delivery Vehicle | $4,500 to $6,500 |
| Computer Software | $13,000 to $15,000 |
| Computer Hardware | $4,600 to $17,000 |
| Initial Inventory | $20,000 to $30,000 |
| Additional Funds – 3 months | $60,000 to $80,000 |
| Total | $179,200 to $438,000 |
Average Revenue (AUV)
How much revenue can you make with a Interstate All Battery Center franchise? A Interstate All Battery Center franchised business makes on average $1,020,000 in revenue (AUV) per year.
This compares to $1,258,000 yearly revenue for similar auto parts franchises.
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Interstate All Battery Center Franchise Disclosure Document
Frequently Asked Questions
How many Interstate All Battery Center locations are there?
As of the latest available data, Interstate All Battery Center operates over 200 locations across the United States, Puerto Rico, and Canada. These centers are a mix of company-owned and franchised stores, though specific numbers for each category are not publicly disclosed.
What is the total investment required to open a Interstate All Battery Center franchise?
The total investment required to open a Interstate All Battery Center franchise ranges from $179,000 to $348,000.
What are the ongoing fees for a Interstate All Battery Center franchise?
Interstate All Battery Center franchisees pay a monthly royalty fee of 5% of gross sales and a 1.5% advertising fee, also based on gross sales. These fees fund brand support and marketing initiatives.
What are the financial requirements to become a Interstate All Battery Center franchisee?
To qualify as an Interstate All Battery Center franchisee, you must meet specific financial criteria: a minimum net worth of $500,000 and at least $200,000 in liquid capital. These requirements ensure you have the necessary financial stability and resources to establish and operate a franchise successfully.
How much can a Interstate All Battery Center franchise owner expect to earn?
The average gross sales for a Interstate All Battery Center franchise are approximately $1.02 million per location. Assuming a 15% operating profit margin, $1.02 million yearly revenue can result in $153,000 EBITDA annually.
Who owns Interstate All Battery Center?
Interstate All Battery Center is a subsidiary of Interstate Batteries, a privately held company headquartered in Dallas, Texas. Founded in 1952 by John Searcy, Interstate Batteries has remained under private ownership, with leadership roles transitioning within the Miller family.
Disclaimer
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