Nation’s Leading Battery Retailer ranks 41st on the Graces List for the ninth consecutive year
HARTLAND, Wis., October 13, 2022 /PRNewswire/ — Batteries Plus, the nation’s largest and fastest-growing battery, lightbulb, keychain and repair franchise, has been named a Top Veteran Franchise for the ninth straight year by Entrepreneur Magazine. At number 41, the brand has climbed 26 places since its ranking in 2019.
Entrepreneur Magazine’s Top Veteran Franchises List includes 150 franchises that offer incentives and other programs to help veterans become franchisees. This list is one of the most popular rankings of entrepreneurs and is highly regarded in the franchise industry. To create the list, the magazine invited companies to complete a survey designed to help them learn more about their veterans programs. From there, they developed the ranking of the top 150 veteran franchises, taking into account each company’s veteran appeal, how veteran franchisees are attracted and supported by the company, and how each company performs in the 2021 Franchise 500.
Batteries Plus is an IFA VetFran member and offers a $10,000 Discount on the franchise fee for military veterans. With 10.5 percent of franchised locations owned by veterans, Batteries Plus offers extensive training, both online and at the store level, for the life of the business. The company has also created an internal resource group to provide support and encouragement to veterans. This group highlights opportunities and education around the veteran community.
“Our mission is to provide opportunities for our hard-working heroes, who often seek ways to transfer their skills from the military to entrepreneurship,” he said Joe Malmut, Chief Franchising Officer of Batteries Plus. “It is very exciting to be recognized on this prestigious list for the fact that we offer them the freedom they desire in their careers while also offering the opportunity to help them achieve their personal and professional goals .”
Over the years, Batteries Plus has seen many military veterans become very successful as franchisees in the specialty retail sector due to their strong work ethic and drive to succeed.
“The business opportunity offered by Batteries Plus was exactly what I was looking for as the next step in my post-military career,” US said Marine Sergeant and Batteries Plus franchisees Robert Roskowski. “It allows me to find the perfect balance between providing a service to my local community and using the skills I learned during my time in the military to grow my business and provide for my family.”
Batteries Plus is on a steady growth path driven by the multi-billion dollar markets on which the franchise model is based. (batteries, $110 billion; Light bulbs, $118.3 billiondevice repair, $4 billionkeychain, $4.82 billionsmart home technology $28.86 million). In particular, owners of several units can benefit from this, which enables a quick location opening and makes the business even more efficient. Additionally, the brand’s stable, lucrative business model is a key factor in the continued interest of potential franchisees looking to make these resources more available in their communities.
With over 800 operating and developing locations across the country, Batteries Plus franchise owners are passionate about providing important products and services to their local communities. Batteries Plus has also carved a unique niche for itself in the industry with its ‘Plus’ services – including cell phone repair and key fob replacement – by capitalizing on both its knowledge and service offerings. Batteries Plus is positioned for the battery powered future, delivering essential products that power people’s lives – boats, cars, golf carts, motorcycles, mobility scooters, thermometers, etc.
Batteries Plus was further ranked franchise times Top 400 list at number 130 and for 29th placeth For consecutive years, the brand has been ranked on Entrepreneur Magazine’s Franchise 500 list, up 69 places from the previous year.
To learn more about Batteries Plus, including information about the franchise opportunity or to take a virtual tour of a store, visit BatteriesPlusfranchise.com.
ABOUT BATTERIES PLUS:
Batteries Plus was founded in 1988 and is headquartered in hardlandWI, is leading omnichannel Retailers of batteries, specialty bulbs and phone repair services for direct sales and commercial channels. The retailer also offers key programming, replacement and cutting services. Through a nationwide network of stores, the company offers a differentiated value proposition with unrivaled product selection, stock availability and customer service. Batteries Plus is owned by Freeman spoglia private equity firm based in los Angeles and NYC. To learn more about one of the top Forbes® franchises in America, visit https://www.batteriesplusfranchise.com.
Contact: Julianne Stevenson, Fishman Public Relations, [email protected] or 224-558-2510
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SOURCE Batteries Plus