Hartland, Wis. — In the past 3 months, Batteries Plus has signed franchise deals for 19 new locations throughout the country. This places the brand at 37 signed agreements and 18 total openings for 2022 thus far. The company projects to have over 740 units in full operation by year end, with approximately 60 units stemming from efforts this year alone.
In large part, the brand’s increased presence has been a result of its efforts to break ground in new markets. The second quarter saw Batteries Plus its first locations in Vermont, Calif.; Georgia, Pennsylvania, Illinois, Missouri, Texas, Kansas and Florida.
“Interest in the franchise opportunities available with Batteries Plus has never been higher,” says Joe Malmuth, vice president of franchise development and relations for Batteries Plus. “Both existing franchise partners and prospective candidates are vying to take advantage of our needs-based products, hoping to build and/or diversify their portfolio with a brand that has a proven track record of riding out market volatility.”
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.
SOURCE: Batteries Plus