How many Batteries Plus Bulbs franchises were transferred in Indiana during 2024?
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' 2025 Franchise Disclosure Document, there was one franchise transfer in the state of Indiana during 2024. The table provided in Item 20 details the number of franchise transfers that occurred in each state over the past three years. Reviewing this data can provide prospective franchisees with insights into the stability and desirability of existing Batteries Plus Bulbs locations.
Franchise transfers can occur for various reasons, such as the current franchisee retiring, relocating, or deciding to pursue other business ventures. A low number of transfers could indicate franchisee satisfaction and stability within the system. Conversely, a high number of transfers might warrant further investigation to understand the reasons behind these changes.
For a potential Batteries Plus Bulbs franchisee, understanding the transfer history in their target state is crucial. It may be beneficial to speak with current and former franchisees in Indiana to gain a deeper understanding of the local market conditions and the factors influencing franchise ownership transitions. This information, combined with the data presented in the FDD, can help in making a well-informed investment decision.