The nation's largest and fastest-growing battery, light bulb, key fob, and repair retailer has announced five new signed franchise agreements, resulting in 10 new stores in development. To date, Batteries Plus has signed a total of 20 franchise agreements in 2020 and is on track to sign an additional 20 by yearend.
The newly signed deals are for locations in Arizona, California, Minnesota, and Florida.
"Whether its new franchise owners joining Batteries Plus or expansion by our existing franchise family, it's a validation of the attractiveness of our business model,” said Scott Williams, CEO of Batteries Plus. “We are being seen as more than a quick-service retail business, based on our unique combination of products and services, paired with expertise and quality.”
Founded in 1988 and headquartered in Hartland, Wis., Batteries Plus sells batteries, specialty light bulbs and phone repair services to the direct-to-consumer and commercial channels. The retailer also offers key programming, replacement and cutting services.