The initial investment to open a Batteries Plus Bulbs store can range between $208,450 - $385,750, typically between $220,000-$250,000. Certain elements of the investment are consistent, such as the one-time franchise fee, initial inventory, store fixtures, computer software/hardware, equipment/supplies, etc. Others may vary, such as the required improvements for a leased or owned site, exterior signage and the cost of a delivery vehicle. Additionally, the investment may vary due to choices made by the franchisee. Franchisees must meet the minimum financial requirements and be in a position to capitalize the franchise investment, including working capital and any personal living expenses during the store ramp up period.
We require all prospective franchisees to verify a minimum of $100,000 in liquid assets. This can be met through any combination of cash, stocks, bonds, mutual funds, retirement accounts, or any other non-borrowed source. A co-applicant may assist in meeting this requirement.
Veteran Incentive Program
Batteries Plus Bulbs is a participating member of the Veterans Transition Franchise (VetFran Initiative), a national program coordinated by the International Franchise Association (IFA) to help military veterans become franchise owners. We welcome veterans to explore our franchise opportunity and offer a $10,000 discount off the franchise fee to qualified military veterans that purchase a franchise through this program (offer not valid through third party referrals and may not be available in all states).