factual

What is the current monthly Payment Gateway Fee for a Batteries Plus Bulbs franchise?

Batteries_Plus_Bulbs Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee Amount (See Note 1) Due Date Remarks
Payment Gateway Fee Varies, currently $22 per month Payable monthly May increase if our third party costs increase; any portion of the fee attributable to our overhead or administrative costs will not exceed 10% of the total fee

Source: Item 6 — Other Fees (FDD pages 18–24)

What This Means (2025 FDD)

According to the 2025 Batteries Plus Bulbs Franchise Disclosure Document, franchisees must pay a Payment Gateway Fee. The fee is currently $22 per month, payable monthly. However, this fee is subject to change. The FDD states that the Payment Gateway Fee may increase if Batteries Plus Bulbs' third-party costs increase. It also specifies that any portion of the fee attributable to Batteries Plus Bulbs' overhead or administrative costs will not exceed 10% of the total fee.

This means that while a new Batteries Plus Bulbs franchisee can expect to pay $22 per month initially, this amount could fluctuate over time depending on the costs charged by the third-party payment gateway service provider used by Batteries Plus Bulbs. It is important to note that increases are tied to external costs, with a limit on how much Batteries Plus Bulbs can mark up the fee for their own administrative purposes.

Prospective franchisees should consider this potential variability when budgeting for ongoing operating expenses. It would be prudent to inquire with Batteries Plus Bulbs about the historical frequency and magnitude of past Payment Gateway Fee adjustments to better anticipate future changes. Understanding the specific third-party service involved and the factors driving its pricing could also provide additional insight into the potential for future increases.

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.