In 2022, how many Batteries Plus Bulbs stores were closed in Florida?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Stores at the Start of the Year | Stores Opened | Stores Reacquired From Franchisees | Stores Closed | Stores Sold to Franchisees | Stores at the End of the Year |
|---|---|---|---|---|---|---|---|
| Florida | 2022 | 9 | 0 | 0 | 1 | 0 | 8 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 70–79)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, one store in Florida was closed in 2022. At the start of 2022, there were 9 Batteries Plus Bulbs stores in Florida. During 2022, one store closed, leaving 8 stores at the end of the year.
It is important to note that store closures can occur for a variety of reasons, including poor performance, lease expirations, or franchisee decisions. A single store closure in a state does not necessarily indicate a systemic problem with the franchise in that region. However, prospective franchisees should still investigate the reasons behind any closures to assess potential risks.
Reviewing the trends in store openings, closures, and transfers over several years, as presented in Item 20 of the FDD, can provide a more comprehensive understanding of the health and stability of the Batteries Plus Bulbs franchise system in specific geographic areas. This information, combined with conversations with current and former franchisees, can help potential investors make informed decisions.