Hartland, Wis. — Batteries Plus, the nation’s leading specialty battery franchise, continues its growth trajectory with significant progress in the third quarter. The company signed five new franchise owners, securing the development of 16 new locations in Georgia, Massachusetts, Michigan, Ohio and Texas. In addition to new franchise agreements, Batteries Plus opened five new storefronts this quarter, with openings in North Carolina, Ohio, Virginia and two in Florida.
“Our continued success reflects the strength of our franchise opportunity and the trust entrepreneurs have in our brand,” says Joe Malmuth, chief development officer for Batteries Plus. “With unmatched support and resources, we ensure that franchisees are equipped to meet the needs of their communities. This quarter’s growth highlights the increasing demand for our products and services, making Batteries Plus a highly sought-after investment.”
Batteries Plus remains focused on supporting franchise owners with industry-leading resources, tools and corporate guidance, which has been a key factor in driving franchise interest and operational success and has also led to posting record-setting same-store sales this year.
The brand also recently strengthened its leadership team by appointing Victor Daher as global vice president of franchise development and Brandon Mangual as vice president of franchise development.
“As we move toward the close of 2024 and into the years ahead, Batteries Plus is positioned for continued growth and success,” says Daher. “Our focus remains on supporting our franchisees with innovative solutions, expanding into new markets and enhancing our diversity initiatives. We’re excited about what’s to come and are confident that our approach will lead to even greater accomplishments.”
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