How many Batteries Plus Bulbs franchises were transferred in Florida during 2022?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Florida | 2022 | 5 |
| 2023 | 1 | |
| 2024 | 3 |
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 5 franchise transfers in Florida during 2022. This indicates the number of existing Batteries Plus Bulbs franchises in Florida that were sold to new owners during that year.
For a potential franchisee, this information is relevant for a few reasons. A higher number of transfers could suggest a more active market for buying and selling existing Batteries Plus Bulbs franchises. It could also reflect franchisee turnover, which may warrant further investigation to understand why franchisees are choosing to sell. Conversely, a very low number of transfers might indicate that franchisees are generally satisfied and holding onto their businesses.
It's important to note that franchise transfers are a normal part of the franchise lifecycle. Franchisees may choose to sell for various reasons, including retirement, pursuing other business ventures, or personal circumstances. The transfer process is typically governed by the franchise agreement and requires the franchisor's approval of the new franchisee. A prospective franchisee should inquire about the reasons for transfers and the process involved in buying an existing Batteries Plus Bulbs location.