Batteries Plus Expands with New Franchise Agreements
Batteries Plus, the leading specialty battery franchise in the nation, has commenced the year with exceptional energy by signing 17 new franchise agreements, complemented by the opening of eight new locations across seven states within the first quarter. This enthusiastic beginning reflects the brand's commitment to expanding its footprint and servicing customers nationwide.
Franchise Growth Highlights
With significant franchise agreements being signed, the company has announced numerous key developments from the first quarter, highlighting a robust roadmap for growth ahead.
New Signings and Store Openings
The brand's expansion is highlighted by the signing of 17 new franchise agreements, which includes welcoming seven new franchisees into the fold. Additionally, eight new stores have opened their doors in states such as Arkansas, Georgia, Michigan, Minnesota, New Jersey, South Carolina, and Texas. These advancements showcase the brand's growing popularity and consistent demand.
Strategic Developments
Batteries Plus is in active development and expansion in states like Florida, Minnesota, Nebraska, Nevada, New Jersey, Texas, and the remarkable debut in Hawaii. This expansion aims to ensure services are available across all 50 states in the near future.
Entrepreneurial Opportunities
Victor Daher, the Vice President of Global Franchise Development at Batteries Plus, expressed his enthusiasm regarding this growth. He said, "This strong start to 2025 reflects the continued demand for our products, services, expertise, and franchise opportunities across the country and beyond. Entrepreneurs recognize Batteries Plus as a stable, high-growth investment supported by innovation and strong unit-level economics."
Entering New Territories
The franchise's entry into Hawaii marks an exciting milestone as it expands into its 48th state, thus moving closer to achieving nationwide representation. Local entrepreneur Pierre Parranto is set to lead this venture, having recognized a gap in the market for reliable battery supply services in Hawaii. By introducing Batteries Plus to the Aloha State, Parranto aims to fulfill local demand while creating job opportunities.
"As a business owner and former customer, I identified the necessity for a dependable battery supplier in Hawaii," Parranto stated. "The franchise model effectively addresses a significant market need while providing the backing of a national brand along with a reliable support system. I am thrilled to introduce Batteries Plus to Hawaii, where we will deliver reliable power solutions and serve as a trusted resource in the community."
Awards and Recognition
In addition to securing new franchise agreements, Batteries Plus has garnered several prestigious industry accolades as they head into the new year. They were honored with a spot in the Entrepreneur's Franchise 500 Hall of Fame for the third consecutive year, celebrating over 31 years of consistent listing on the Franchise 500 list. Furthermore, Batteries Plus has improved its ranking to #128 on the Franchise Times Top 400 list, solidifying its role as a leader in the specialty retail space.
With nearly four decades of operational experience and more than 800 stores open or under development, Batteries Plus continues to lead the market by offering unmatched value to both consumers and franchise partners.
About Batteries Plus
Founded in 1988 and headquartered in Hartland, Wisconsin, Batteries Plus provides a diverse range of products including batteries, specialty light bulbs, and phone repair services tailored for consumers and commercial sectors. The company is well-regarded for its product selection, inventory availability, and exceptional customer service, which is supported by a robust nationwide network of stores. Batteries Plus is operated by Freeman Spogli, a private equity firm located in Los Angeles and New York City.
Frequently Asked Questions
What is the significance of Batteries Plus' expansion?
The ongoing expansion illustrates Batteries Plus' commitment to increasing market penetration and meeting the growing demand for battery and power solutions across the nation.
How many new franchise agreements were signed?
The franchise signed 17 new agreements during the first quarter of the year, showcasing robust growth.
Which states are seeing new Batteries Plus stores?
New stores are opening in states including Arkansas, Georgia, Michigan, Minnesota, New Jersey, South Carolina, and Texas.
Who is responsible for the Hawaii location?
The Hawaii location will be managed by local entrepreneur Pierre Parranto, who recognized the need for dependable battery services in the area.
What recognition has Batteries Plus received recently?
Batteries Plus has been inducted into the Franchise 500 Hall of Fame and has improved its ranking in the Franchise Times Top 400 list.
