How many Batteries Plus Bulbs franchises were transferred in Illinois during 2022?
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
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 7 franchise transfers in Illinois during 2022. This indicates the number of existing Batteries Plus Bulbs franchises in Illinois that were sold to new owners during that year.
For a prospective franchisee, this information can be relevant in several ways. A high number of transfers might suggest a healthy market for reselling franchises, while a low number could indicate that franchisees tend to hold onto their businesses for longer periods. It could also reflect the desirability and performance of Batteries Plus Bulbs franchises in Illinois.
However, it is important to consider the reasons behind these transfers. Transfers could occur due to franchisees retiring, relocating, or facing financial difficulties. A prospective franchisee should investigate the reasons for transfers to gain a better understanding of the franchise's performance and stability in the Illinois market. Reviewing transfer rates over multiple years, as provided in the FDD, offers a more comprehensive view than a single year's data.