How can the Batteries Plus Bulbs agreement be modified?

According to the 2025 Batteries Plus Bulbs Franchise Disclosure Document, Batteries Plus Bulbs, at its discretion, can modify the standard form of the Franchise Agreement. However, the initial franchise fee, royalty, and service fees will remain at the same rate as provided in the Franchise Agreement attached as an exhibit. This indicates that while Batteries Plus Bulbs retains the right to make changes to the standard agreement, certain financial aspects are protected.

This clause is important for prospective franchisees as it sets expectations regarding the stability of key financial obligations. While the specific terms and conditions of the franchise agreement may evolve over time, the initial franchise fee, royalty, and service fees are guaranteed to remain consistent with what is outlined in the original agreement. This provides a level of financial predictability for franchisees as they plan their investment and operational budgets.

It is important for potential franchisees to carefully review the Franchise Agreement attached as an exhibit to understand the initial franchise fee, royalty, and service fees that are guaranteed to remain constant. Additionally, franchisees should seek clarification from Batteries Plus Bulbs regarding the types of modifications that may be made to the standard form of the Franchise Agreement and how these changes could impact their operations and obligations.