Batteries Plus Bulbs Growing Franchise

Berks County, PA

Store Front
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Asking Price: $369,000

Cash Flow: $95,500

Gross Revenue: $689,000

EBITDA: N/A

FF&E: N/A

Inventory: $100,000

Real Estate: N/A

Established: 2013

Batteries Plus Bulbs Growing Franchise

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Business Description

Growing Batteries Plus Bulbs Franchise for Retail Lovers

Batteries Plus Bulbs is the nation’s largest and fastest growing battery, light bulb, key fob and phone/tablet repair franchise, with a nationwide network of more than 700 stores. Our specialty retail franchise offers batteries, light bulbs and related items for phones, cars, motorcycles and hundreds of other applications. As mobile devices continue to grow in number, so does the demand to repair broken phones and tablets — a service provided in-store through our We Fix It® repair centers. In addition, Batteries Plus Bulbs has recently added key cutting and key fob programming to its growing list of services.

Success Factors

There are several factors that help Batteries Plus Bulbs stand out in the marketplace, and as a franchise opportunity:
* Proprietary systems that help new franchisees and associates deliver expert solutions
* Batteries Plus Bulbs has established and continue to grow a nationally-known brand
* Franchisees enjoy multiple revenue streams
* We sell needs-based products and services, which makes demand extremely stable

Strong and Growing Brand Recognition

Batteries Plus Bulbs has more than 700 locations and invests heavily in marketing to drive sales for each location. In 2016, we were a finalist for the Internet Retailer Excellence Awards alongside Neiman Marcus, Nordstrom and Target. The award recognizes brands that do the best job of using web and mobile assets to complement other selling channels such as brick-and-mortar stores.
Our marketing teams work alongside franchisees to build brand awareness in their areas. In addition to negotiating local advertising buys, creating advertising materials and maintaining media relationships on behalf of franchisees, we have built a powerful internal digital marketing team and eCommerce platform. The benefits are enormous:
**Batteriesplus.com generates sales for your store, adding revenue to your balance sheet even when your store is not open.
**Batteries Plus Bulbs generally dominates local search results when people are looking for the products we offer. Customers discover you as they are searching for solutions, making them motivated shoppers.
**In many cases, customers pay online and then pick up at your store. This gives you an opportunity to ask the customer how you can help, introduce them to the wealth of solutions you offer, and build a relationship. Once customers understand all the problems you can solve, you tend to keep them — and they tell their friends.

Multiple Revenue Streams
6 Revenue streams including:

--Retail
--Business-to-Business (Commercial)
--Smartphone/Tablet Repair
--E-Commerce
--National Account Sales
--Key Fob Sales & Programming

Support Systems

The Batteries Plus Bulbs leadership team has decades of experience in:
* Retail management
* Supply chain management
* International product sourcing
* Marketing
* Product development
* Process development
* Business coaching
* Franchise support

Entrepreneur® Magazine
Franchise 500
2018 – Ranked #118 overall

Top Franchises for Veterans
2017 – Ranked #27 out of 150

Top 200™ Franchise Systems in the U.S.
2018 – Ranked #131 overall
2017 – Ranked #132 overall; named a Top Specialty Retail Franchise by sales growth

Military Times Best for Vets: Franchises
2018 – Ranked #17

Forbes® Best Franchises to Buy in America
2018 – Ranked #6 in the Mid-Range Investment category
2016 – Ranked #4 in the Mid-Range Investment category

In summary, Batteries Plus Bulbs is a unique Franchise for the retail lover. It has excellent support from Corporate down to the individual Batteries Plus Franchise owner. If you love retail, working with employees and enjoy engaging and helping customers meet their needs you will love Batteries Plus Bulbs.

Detailed Information

Location:
Berks County, PA
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
4,500
Employees:
5
Facilities:
All inventory currently in the store. All computer equipment, networking equipment, that came with the initial set-up of Batteries Plus. Office desks etc will stay minus some personal items. Key fob programming equipment, device repair equipment, etc. 2014 Dodge Pro Master. More detail if interest is shown. If interested, the building can be purchased for an additional price. The owner of Batteries Plus Bulbs is the owner of the building therefore the lease will be discussed and agreed upon if interest is shown.
Competition:
Batteries Plus Bulbs approves your location for you. Therefore the store is located in a prime market area according to their requirements. With extensive training & knowledge by our staff
Growth & Expansion:
Batteries Plus Corporate is always adding more products and services to their there already long list. There are other products that can be added according to customer wants. This is an excellent business for the retail/commercial person that wants to step in and expand on an already established turn key business.
Support & Training:
A 30 training will be provided by current owners (depending on the need). In addition management training will also be provided at the Corporate level.
Reason for Selling:
We have been business owners for 20 years and decided to step away from it.
Franchise:
This business is an established franchise
Business Website:
http://batteriesplus.com
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Business Listed By:
Kathy Young

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