Batteries Plus Sets New Record in Commercial Sales
Batteries Plus, recognized as the world's premier specialty battery franchise, has achieved remarkable success in October 2024, setting unprecedented records for commercial sales both within its franchise network and overall system. The company reported a
23.7% increase in total systemwide commercial sales year-over-year, and franchise commercial sales surged by
24.4%, marking the highest monthly performance in its history.
These achievements reflect more than just a standout month; they are part of a larger trend that has characterized 2024 as a historic year for the company. Batteries Plus has consistently maintained over
20% year-over-year growth in systemwide commercial sales in five of the first ten months, leading to a year-to-date total sales increase of
16.1% up until the end of October.
Scott O'Farrell, the Chief Commercial Officer of Batteries Plus, expressed his enthusiasm, stating, "October's success is a testament to the extraordinary efforts of our franchisees and the strength of our commercial growth strategy. Our dedication to offering exceptional service and innovative solutions continues to bolster our position as an industry leader."
The company’s remarkable October sales didn’t just come out of nowhere; it capped off a
perfect 10-for-10 streak in exceeding commercial sales targets throughout 2024. Batteries Plus has delivered on its sales plans every month this year and is currently running
2.6% ahead of plan through October. Notably, all eight of the top commercial sales months in the franchise's history occurred just this year, highlighting the potency and scalability of its franchise system.
"We're witnessing substantial growth across all facets of the business. This record-breaking performance results directly from our team's tireless efforts to drive meaningful results for both our franchise owners and customers alike," remarked Joe Malmuth, the Chief Development Officer.
As Batteries Plus looks to close out the year on a strong note, the company plans to expand its market presence, forge new business partnerships, and continue enhancing its franchise network, which now consists of over
800 locations across the nation. The year 2024 has solidified the company's credibility, featuring on Franchise Times'
Top 400 list at #128 and making it into the
Franchise 500® Hall of Fame, alongside Entrepreneur Magazine's lists for both Franchise 500® and the
Top Brands for Multi-Unit Owners.
Batteries Plus, established in 1988 and based in Hartland, WI, stands out as a leading omnichannel retailer dealing in batteries, specialty light bulbs, and phone repair services for both consumer and commercial audiences. The company prides itself on its extensive product selection and unwavering emphasis on customer service.
For those interested in learning more about franchise opportunities or taking a virtual store tour, visit
batteriesplusfranchise.com.
With its commitment to innovation and quality service, Batteries Plus continues to charge forward into a bright future, reinforcing its status as a front-runner in the specialty battery market.