factual

What advance notice is required to renew a Batteries Plus Bulbs Franchise Agreement?

Batteries_Plus_Bulbs Franchise · 2025 FDD

Answer from 2025 FDD Document

Provision Section in Agreement(1) Summary(1)
a. Length of the franchise term Section 3; Section 3 of Multiple Unit Franchise Agreement Franchise Agreement: 10 years. Multiple Unit Franchise Agreement: Ends on last day of Development Schedule.
b. Renewal or extension Section 3 If you are in good standing, you can renew the Franchise
of the term Agreement for one additional 10 year term.
c. Requirements for you to renew or extend Section 3 Provide advance notice, comply with current Franchise Agreement, you and your Store Manager satisfactorily complete any new/refresher training programs, you and your Principal Owners must meet current managerial, financial and business standards, sign new agreement (which may contain materially different terms and conditions than your original Franchise Agreement), remodel, pay renewal fee and Omni-Channel access renewal fee, and sign a general release of claims.

Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 49–53)

What This Means (2025 FDD)

According to the 2025 Batteries Plus Bulbs Franchise Disclosure Document, a franchisee in good standing can renew their Franchise Agreement for one additional 10-year term. To do so, the franchisee must provide advance notice as specified in Section 3 of the agreement.

In addition to providing advance notice, the franchisee must comply with the current Franchise Agreement. Both the franchisee and their store manager must satisfactorily complete any new or refresher training programs that Batteries Plus Bulbs requires at the time of renewal. Furthermore, the franchisee and their principal owners must meet the then-current managerial, financial, and business standards set by Batteries Plus Bulbs.

As part of the renewal process, the franchisee is required to sign a new agreement, which Batteries Plus Bulbs notes may contain materially different terms and conditions than the original Franchise Agreement. The franchisee must also remodel their store to current brand standards, pay the renewal fee, pay the Omni-Channel access renewal fee, and sign a general release of claims, which releases Batteries Plus Bulbs from any past liabilities.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.