Batteries Plus Achieves Impressive Franchise Metrics: Lower Costs and Swift Openings

Batteries Plus Achieves Impressive Franchise Metrics

Batteries Plus, the premier name in battery and power solutions, has released its 2026 year-to-date performance metrics, showcasing its ability to reduce franchise acquisition costs and expedite store openings compared to industry standards. This remarkable efficiency continues to position the brand as a frontrunner in the franchise space, signaling a robust approach to business expansion.

Lower Acquisition Costs

The company's data reveals that the average cost per franchise lead now stands at a competitive $130. In contrast, industry benchmarks highlight an average cost of $269, providing a clear edge for potential franchisees. Additionally, the cost per sale has been reported as $9,231, significantly lower than the $13,449 average typically noted in the franchise industry. This data is drawn from the Franchise Update Media's 2026 Annual Franchise Development Report, giving potential investors a clear picture of the advantageous financial landscape Batteries Plus offers.

Efficient Development Process

Batteries Plus emphasizes its focus on enhancing franchise development. On average, the time taken to sign a franchise agreement is now just 69 days, a stark contrast to the industry's benchmark that ranges between 120 to 160 days. Furthermore, new store openings average around 54 days, whereas most franchises expect a much longer timeline of approximately nine months. These metrics indicate a streamlined process that promotes swift and efficient action for franchise owners, ensuring they can open their doors to customers sooner rather than later.

"Growth isn't just about signing more franchise agreements; it’s about optimizing the development process to support prospective owners. This helps them move forward efficiently and effectively," said Joe Malmuth, Chief Development Officer of Batteries Plus. His insight underscores the strategic vision that drives the brand's expansion.

Expanding Nationwide

In the third quarter of 2026, Batteries Plus made notable strides by signing 19 new franchise agreements and launching 13 new locations across six states—Florida, Utah, Pennsylvania, Arizona, Alabama, and Texas. This dynamic growth showcases the brand's dedication to scaling its presence throughout the country.

Currently, Batteries Plus boasts over 800 locations either open or in development across all 50 states and Puerto Rico. The brand has been a player in specialty retail for nearly 40 years, offering franchisees a business model that serves both consumer and commercial sectors with products ranging from batteries to repair services.

As Batteries Plus looks to the future, the company is unwavering in its commitment to enhancing its franchise development processes. Supporting franchise operators remains a core focus, allowing them to introduce the brand to new markets effectively.

If you're interested in learning more about the franchise opportunities with Batteries Plus or would like to take a virtual tour of a store, the franchise information is readily accessible at batteriesplusfranchise.com.

About Batteries Plus

Founded in 1988 and headquartered in Hartland, WI, Batteries Plus stands as a leading omnichannel retailer offering a range of products, including batteries, specialty light bulbs, and phone repair services. Their business model caters to both direct-to-consumer and commercial clients, providing unmatched product selection, in-stock availability, and exemplary customer service. Batteries Plus is owned by Freeman Spogli, a reputable private equity firm based in Los Angeles and New York City.

For a deeper understanding of Batteries Plus, recognized as one of Forbes®' Best Franchises to Buy in America, and to explore franchise possibilities, visit batteriesplusfranchise.com.