Batteries Plus vs Plato’s Closet®
Franchise Comparison 2026
Both Batteries Plus and Plato’s Closet® are retail franchises. Batteries Plus requires an investment of $285K – $537K while Plato’s Closet® requires $356K – $468K. In terms of revenue, Plato’s Closet® reports higher average unit revenue at $1.3M. On SBA loan performance, Plato’s Closet® has a lower charge-off rate (2.1%) compared to Batteries Plus (15.2%). FranchiseVerdict rates Batteries Plus B (Above average) and Plato’s Closet® A (Strongest tier).
| Metric | Batteries Plus | Plato’s Closet® |
|---|---|---|
| Verdict Grade | BAbove averageAbove average | AStrongest tierStrongest tier |
| Investment Range | $285K – $537K | $356K – $468K |
| Franchise Fee | $35K | $15K |
| Royalty Rate | 5.0% | 5.0% |
| Average Revenue (Item 19) | $834K | $1.3M |
| SBA Charge-Off Rate | 15.2% (208 loans) | 2.1% (229 loans) |
| Total Units | 734 | 526 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1996 | 1999 |
| FDD Year | 2024 | 2026 |
Investment Range
$285K – $537K
$356K – $468K
Franchise Fee
$35K
$15K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
$834K
$1.3M
SBA Charge-Off Rate
15.2% (208 loans)
2.1% (229 loans)
Total Units
734
526
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1996
1999
FDD Year
2024
2026