As the world’s leading specialty battery franchise, Batteries Plus is charging into 2025 following another record-setting year in 2024. With 57 signed agreements across 11 states and 30 new store openings spanning 15 states, we continue to solidify our reputation as a powerhouse in sustainable power solutions.
Fueling Growth with the Market Stewardship Program
At the heart of this momentum is the Market Stewardship program, a game-changing initiative designed to empower multi-unit operators with exclusive rights to entire markets. We further expanded this initiative in 2024, signing a landmark Market Stewardship agreement in Phoenix, Arizona, in collaboration with experienced franchise group MarLu Investment Group. This deal, only the second of its kind for Batteries Plus, underscores the growing success of the program, which blends elements of Master Franchise and Area Development agreements to facilitate strategic, large-scale expansion.
“The continued success of our entire franchise system underscores the appeal of Batteries Plus as a robust and scalable business opportunity,” said Brandon Mangual, VP of Franchise Development. “The Phoenix agreement demonstrates how this model empowers multi-unit operators to efficiently and effectively bring our essential products and services to entire regions.”
2024: A Year of Milestones and Market Expansion
In response to increasing demand for sustainable power solutions and battery recycling initiatives, we experienced tremendous national growth in 2024. Batteries Plus opened new locations in key markets such as California, Florida, Michigan, New York, North Carolina, and Texas, strengthening our presence across the U.S.
Joe Malmuth, Chief Development Officer of Batteries Plus, emphasized the strength of our model and our deep-rooted community connections. “Our 2024 performance showcases the strength of the Batteries Plus business model and our franchisees’ ability to connect with local communities. As we look ahead to 2025, we’re excited to build on this momentum by expanding our footprint and delivering innovative solutions that meet the needs of consumers and businesses alike.”
What’s Ahead for 2025?
After a landmark year, we’re setting even bigger goals for 2025, aiming to sign 50 new franchise agreements and open 30 additional locations nationwide. Batteries Plus will continue leveraging our Market Stewardship program to create exciting new opportunities for franchisees and drive impactful growth in key markets.
We enter the new year with industry-wide recognition, ranking #128 on Franchise Times’ Top 400 list and securing a spot in Entrepreneur Magazine’s Franchise 500® Hall of Fame. Batteries Plus also earned placements on Entrepreneur’s Franchise 500® and Top Brands for Multi-Unit Owners lists, further cementing our leadership in the franchising space.
With a powerful business model, strategic expansion plans, and a commitment to innovation in power solutions, we are poised for another standout year in 2025.
Are you ready to power your future with a Batteries Plus franchise? Learn more about our exciting franchise opportunities and how you can join this growing brand today!