What is the full name of the franchise agreement mentioned in the Batteries Plus Bulbs FDD?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
BATTERIES PLUS® FRANCHISE AGREEMENT
THIS FRANCHISE AGREEMENT ("Agreement") is made and entered into this day of , 20, between Batteries Plus, L.L.C., a Wisconsin limited liability company, with a principal place of business at 1325 Walnut Ridge Drive, Hartland, Wisconsin 53029 ("Franchisor"), and , a formed and operating under the laws of the State of, or, an individual, with a principal place of business at ("Franchisee").
Source: Item 22 — Contracts (FDD page 80)
What This Means (2025 FDD)
According to the 2025 Batteries Plus Bulbs Franchise Disclosure Document, the franchise agreement is titled "BATTERIES PLUS® FRANCHISE AGREEMENT." This agreement outlines the terms and conditions under which a franchisee operates a Batteries Plus Bulbs store. The agreement is between Batteries Plus, L.L.C., the franchisor, and the franchisee.
The franchise agreement grants the franchisee the right to develop, own, and operate a Batteries Plus Bulbs store at a specific location, utilizing the Batteries Plus Bulbs system. This system encompasses the methods, techniques, and knowledge related to running retail stores that sell batteries, light bulbs, and related items, along with services like device repair and key fob replacement.
Prospective franchisees should carefully review the franchise agreement (including all exhibits) to understand their obligations, the franchisor's responsibilities, and the specific terms governing the franchise relationship. Understanding the full scope of the agreement is crucial before making a final investment decision.