Hartland, Wis. — Batteries Plus continued its strong, steady momentum in the third quarter, signing 19 new franchise agreements and opening 13 new locations across six markets.
“The continued pace of growth we’re seeing clearly reflects power and connectivity, and Batteries Plus is uniquely positioned to deliver both,” says Victor Daher, vice president of global franchise development for Batteries Plus. “Entrepreneurs recognize that, and our pipeline of new franchisees and existing operators shows continued confidence in our brand, our innovation and the strong returns our model can deliver.”
Batteries Plus has seen recent new openings across six states: Florida, Utah, Pennsylvania, Arizona, Alabama and Texas.
Founded nearly 40 years ago in Green Bay, Wis., Batteries Plus has grown from a garage, into what leadership calls a “walk-in clinic for batteries.” The company kept every door open during COVID, and recorded its best signing year in 2021, and now signs 60-70 new stores annually. Today it has more than 800 stores open and in development.
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. Batteries Plus is owned by Freeman Spogli, a private equity firm based in Los Angeles and New York City. For more information, visit https://www.batteriesplusfranchise.com.
SOURCE: Batteries Plus