How many Batteries Plus Bulbs franchises were transferred in California during 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Store Type | Year | Stores at the Start of the Year | Stores at the End of the Year | Net Change | |---|---|---|---|---| | Franchised | 2022 | 590 | 609 | +19 | | | 2023 | 609 | 606 | -3 | | | 2024 | 606 | 604 | -2 | | Company-Owned | 2022 | 112 | 112 | 0 | | | 2023 | 112 | 116 | +4 | | | 2024 | 116 | 133 | +17 | | Total Stores | 2022 | 702 | 721 | +19 | | | 2023 | 721 | 722 | +1 | | | 2024 | 722 | 737 | +15 | **TABLE NUMBER 2 Transfers of Sto
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 70–79)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, there were 3 franchise transfers in California during 2023. This information is valuable for prospective franchisees as it provides insight into the stability and desirability of existing Batteries Plus Bulbs locations within the state. A higher number of transfers could indicate a more active market for franchise resales, while a lower number might suggest greater franchisee satisfaction and longevity.
Franchise transfers occur when an existing franchisee sells their business to a new owner, subject to the franchisor's approval. Monitoring transfer activity can help potential franchisees gauge the health of the franchise system and the level of churn within specific geographic areas. It is important to note that transfers do not necessarily reflect negatively on the brand; they can result from various factors, including franchisee retirement, relocation, or a change in personal circumstances.
For a prospective Batteries Plus Bulbs franchisee, understanding the reasons behind franchise transfers in their target market is crucial. They should inquire about the performance history of transferred stores and the support provided to new franchisees during the transition. Additionally, examining the transfer trends over multiple years, as presented in the FDD, can offer a more comprehensive view of the franchise's operational dynamics and market conditions.