How many Batteries Plus Bulbs franchises were transferred in Iowa 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
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 4 franchise transfers in Iowa during 2023. This indicates the number of existing Batteries Plus Bulbs franchises in Iowa that were sold to new owners during that year. Franchise transfers can occur for various reasons, such as the original franchisee retiring, selling the business for personal reasons, or not meeting the franchisor's standards.
For a potential franchisee, a higher number of transfers could signal a more active market for buying and selling existing Batteries Plus Bulbs businesses. However, it could also raise questions about why franchisees are choosing to sell. Investigating the reasons behind these transfers, such as profitability, local market conditions, or franchisee satisfaction, would be a prudent step for anyone considering investing in a Batteries Plus Bulbs franchise in Iowa.
Industry-wide, franchise transfer rates vary depending on the brand, sector, and economic conditions. Some brands may have very few transfers, indicating stability, while others might see more frequent changes in ownership. Understanding the specific context within Batteries Plus Bulbs and the Iowa market is crucial for assessing the risk and opportunity associated with this franchise.