How Much Does it Cost to Start a Batteries Plus Bulbs Franchise?
All franchise opportunities require an investment, whether it's a franchise fee or other miscellaneous franchise costs built in. However, with more than 29 consecutive years of same-store sales and store growth, the decision to invest in a Batteries Plus Bulbs franchise is an exceptionally smart one.
Typical initial investment to own your own franchise is $220,000-$286,000*
Fixed franchise costs
One-time franchise fee
Variable franchise costs
Required improvements for a leased or owned site
Exterior and interior signage
Cost of a delivery vehicle
Choices made by the franchisee
You're not investing in a Batteries Plus Bulbs franchise. You're truly investing in yourself and your future.
"I love it – the support is well worth the franchise fee." Ron Bogdanovich, Franchise Owner.
Before You Can Maximize Your Return, You Need to Meet Some Minimum Requirements
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.
Minimum financial requirements
Minimum net worth of $400,000
Minimum of $100,000 in liquid assets**
A good credit rating
To see why we call these initial franchise startup costs an "investment," take a look at our How Much Can I Make page. As with any investment, the thing you should be most concerned with is your return.
*In some cases, the initial investment can be as low as $211,552 and the high as $406,759.
**Minimum liquid assets 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.