Experience the Power of a Multi Unit
Franchise with Batteries Plus
Level Up: Our Multi Unit Franchise Opportunities
Our multi-unit franchise option is a great way to increase your revenue exponentially by leveraging the time-tested Batteries Plus model in two or more locations. With special discounts and a host of perks, there’s no reason not to invest in multi-unit franchise opportunities with Batteries Plus.
Why Consider Investing in Multi-Unit Franchise Opportunities?
Owning multiple franchise locations offers many benefits over investing in a single site, including:
With multiple locations, you’ll reduce your financial risk while providing more opportunities for success and diversifying your investment. Our multi-unit investment also offers a reduction in the initial franchise fee with each additional location. Check out the breakdown of our tiers below to learn more.
By opening multiple locations, you can grow an empire of businesses by penetrating the market and expanding into additional territories, affording you the potential to generate increased revenue and a higher net income. Plus, investing in multiple locations means you’ll be able to leverage your experience to launch and run subsequent units more efficiently, generating better operational and economic results at a faster rate.
When you have multiple locations within a given territory, you can transfer staff between sites as well as a market B2B rep that can cover a larger territory to better fit your business needs.
You’ll be able to leverage your investment over several locations by purchasing multiple locations at once, spreading out the fixed costs and resources.
“We just passed a milestone [in 2022] of $20 million in sales through our 13 stores.”
Miguel Perez
Batteries Plus Multi-Unit Owner
Why Partner with Batteries Plus?
Proven Record/History
Batteries Plus is the nation’s largest and fastest-growing battery, light bulb, and smartphone/tablet repair franchise with a nationwide network of stores offering trusted brand products. In addition to our many awards and accolades, we were named a top brand for multi-unit franchise opportunities by Entrepreneur Magazine.
Our franchise owners are passionate about providing essential products and services to their local businesses and communities. In just our commercial sales alone, we’ve beaten our sales records six times in the past twelve months. With the undeniable rising demand for battery and repair services, we enable franchise owners to add new products and services as technology evolves to stay ahead of the competition.
Nearly half of our franchisees are multi-unit owners, with the average franchisee owning four or more stores. Our franchisees own 80% of our franchised units, with 131 owners expanding from one store to several locations.
Batteries Plus offers a highly competitive and stable business model for franchisees to leverage.
With over 700 locations, we help our franchise owners stand out in a fragmented market by specializing in more than just batteries.
We’re an industry leader, and when you partner with us for a multi-unit opportunity, you can enjoy advantages such as:
49%
% Multi-Unit Owners
4+
Average # of Stores per Multi-Unit Franchise Owner
80%
% Multi-Unit Ownership Across Total Franchised Units
131
Number of Franchise Owners Who Expanded Beyond One Location to Several
Franchise Revenue
The revenue for the top 50% of commercially engaged stores is $1,483,030, with our top store reaching over $7 million in revenue.
*The $1,483,030 in average net revenue for commercially engaged stores is based on net sales information of 94 Batteries Plus® stores in the top 50% of the 183 commercially engaged Batteries Plus® stores in operation during the entire 2023 calendar year. The average net revenue of the 94 Batteries Plus® stores in the bottom 50% of the 183 Batteries Plus® stores in operation during the entire 2023 calendar year was $677,261.
Lifetime Support
Batteries Plus features a time-tested business model designed to maximize efficiency and help give franchisees a stronger return on their investment. Our franchise success team offers ongoing support that our franchise owners can tap into for the life of their business, from learning how to own multiple franchises to keeping the system up-to-date and staying on top of the competition.
Discounts
Our Diamond Discount is available to multi unit franchise owners that qualify from preferred vendors. It allows owners to purchase products at a cheaper price, providing even better margins on their retail and commercial sales.
Tier Two Multi-Unit
You’ll pay a down payment of $15,000 on the second franchise fee. The balance will be paid when you are ready to open the second location.
Tier Three Multi-Unit
When you open three or more Batteries plus franchises, the franchise fee on your third and subsequent locations will be lowered to $39,500.
More Units?
Even More Franchisee Support!
EXCLUSIVE SUPPORT PROGRAMS
When you join the community of Batteries Plus multi-unit franchisees, you can leverage a community of like-minded, business-savvy individuals. This exclusive support program offers mentoring in addition to helping with building up a community and bringing people together.
OPERATIONS SUPPORT
We’re ready to help you keep your business running smoothly once your doors have opened to ensure you stay on the right trajectory.
DEMOGRAPHIC RESEARCH
We work with you to identify target demographics and the perfect territory to open stores in your community.
MARKETING ASSISTANCE
Our marketing programs were designed by experts to generate a buzz in your community and help you get the best results for your marketing budget.
SITE SELECTION GUIDANCE
We offer our guidance when it comes to helping you find retail spaces that meet our criteria.
Why We Make Sense for Investment Groups
Batteries Plus is a great opportunity for private equity groups looking to invest in a sound, well-managed business model with a strong leader in the industry. Whether you’re looking to grow or diversify your portfolio, we’re the best multi-unit franchise opportunity offering many advantages to investment groups.
Stability
We are a very stable business. Based on its essential nature, our business rarely fluctuates up and down with the economy. We’re a leading force in the many industries we serve by providing our customers with multiple lines of service and in-demand products to keep their devices running smoothly.
Economies
As a multi-unit owner, you’ll benefit from economies of scale by running our Hub and Spoke model. This will allow you to centralize inventory and save big on real estate and other operational expenses.
Expansive Business Model
Our franchisees can leverage multiple revenue streams as part of our business model to stay competitive and take their businesses to the next level. We specialize in much more than just batteries, providing our franchise owners with detailed business plans, financial projections, marketing strategies, and more resources to set them on the right path.
Management Team
Our franchise opportunity features an experienced home office management team that provides support and leadership to franchise owners to ensure their success. As a result, our franchise owners are knowledgeable, competent, and trustworthy and build strong and thriving businesses.
Portfolio Diversification
Think of Batteries Plus as an anchor in your portfolio. Our franchise opportunity aligns well with investment criteria and has a proven track record spanning more than 30 years, making us a great option to pair with more volatile investments.
Investable Business Structure
Many of our multi-unit owners are hands-off and run their locations in a semi-absentee manner. With a general manager, commercial representatives, and assistant managers in place, you’ll have a more than capable team to handle everything. We work with you to accommodate your structural arrangements with clear operating agreements.
Celebrating 30 Years with Batteries Plus – Dan and Susan Manwaring
Dan and Susan Manwaring are the original Batteries Plus franchise owners. Their first location opened in November 1992 in Fort Wayne, Indiana, and with their 30 years of success, they’ve passed their legacy along to their son, Mike, and have grown to more than 15 multi-unit franchising locations across Indiana and Kentucky.
Let’s Talk Available Markets
There are multi-unit franchises for sale in all 50 states and Puerto Rico, so there’s plenty of opportunity for you to establish your own store (or stores!) and grow right along with us. Ideal territories require a strong balance of population and business density to support retail, business, and commercial accounts.