Batteries Plus, a chain responsible for selling batteries for watches, phones & vehicles, plus replacement lightbulbs is doing very well. They had a record-breaking year with double digit commercial sales growth in 2022 and plan to expand their franchise footprint in 2023 to keep the momentum going. Batteries Plus broke records in the first quarter of 2023 with the highest commercial sales in company history. The company currently operates 700 stores and plans to open 40 more this year in markets that include South Florida and Long Island, New York. They sell some unique specialty products that cannot be found in other stores or even on Amazon.
The franchisee offers a competitive turn-key business model with little competition which allows owners to start turning profit from the get-go. Many of the new owners of their new locations also come from diverse backgrounds which Batteries Plus is very proud of. They are excited to continue to grow their business and offer opportunities to all individuals and those that come from diverse backgrounds. “Founded in 1988 and headquartered in Hartland, Wis., Batteries Plus is owned by Freeman Spogli, a private equity firm based in Los Angeles and New York City.”
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