How Much Does a Batteries Plus Franchise Cost?
Data from the 2024 Franchise Disclosure Document
Investment Summary
Total Investment
$252K – $494K
Franchise Fee
$45K
Royalty
5.0%
Ad Fund
1.0%
Cost Breakdown
Initial Franchise Fee
The initial franchise fee for Batteries Plus is $45K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.
Total Investment Range
Opening a Batteries Plus franchise requires a total investment of $252K – $494K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.
Working capital alone ranges from $51K to $62K.
Ongoing Costs
Beyond the initial investment, Batteries Plus franchisees pay ongoing fees. The royalty fee is 5.0% of gross sales (Gross Sales). The advertising or brand fund contribution is 1.0% of gross sales. There is also a technology fee of $458.
Net Worth & Liquid Capital Requirements
Batteries Plus requires working capital of $51K – $62K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.
What Can You Earn?
Batteries Plus does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.
How Do Banks View Batteries Plus?
SBA Loans Issued
127
Default Rate
13.5%
The SBA (Small Business Administration) tracks loan performance for franchise brands. Batteries Plus has 127 SBA-backed loans on record. The default rate is 13.5%, which is below the franchise industry average, indicating relatively lower lending risk. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.
Next Steps
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