Batteries Plus Closes Out Q3 with 50 Signed Agreements in 2022

Batteries Plus Exterior Angle

Hartland, Wis. — Batteries Plus, the nation’s largest and fastest-growing battery, light bulb, key fob and phone repair franchise, worked hand-in-hand with seven new franchise owners, as well as two existing, to open a total of nine new locations in third quarter. This is in addition to the nine new franchise signings the brand has been able to amass since July. As a whole, these most recent developments put Batteries Plus at 50 signed agreements for the year thus far, primarily at the hands of the 46 new franchisees that have been welcomed to the system since the start of 2022.

Led by Joe Malmuth, chief franchising officer, the Batteries Plus team has continued to build out its brand presence in both longstanding and new territories, such as New Hampshire, New Mexico, Ohio, South Carolina, Louisiana, Nevada and Missouri this past quarter alone.

As a nod to the success of those efforts, three Batteries Plus executives — Joe Malmuth, CFE, Vic Daher, CFE, and Jason Moss — have been invited to speak at this year’s Franchise Leadership and Development Conference to discuss emerging trends, real estate and general matters of franchise development.

“Increasing demand in our industry aside, the power of the Batteries Plus business opportunity has continued to attract new franchise partners month after month,” says Malmuth. “In part due to the brands attainable buy-in value, dependable and longstanding position within the sector, and recession-resilient business model.”

Batteries Plus, founded in 1988 and headquartered in Hartland, Wis., is a leading omnichannel retailer of batteries, specialty light bulbs and phone repair services for the direct-to-consumer and commercial channels. The retailer also offers key programming, replacement and cutting services. Batteries Plus is owned by Freeman Spogli, a private equity firm based in Los Angeles and New York City. For more information, visit www.batteriesplusfranchise.com.

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