How many Batteries Plus Bulbs franchises were transferred in Louisiana 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 S
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 was one franchise transfer in Louisiana during 2023. This information is based on data compiled by Batteries Plus Bulbs regarding franchise transfers across various states. Franchise transfers occur when an existing franchisee sells their franchise to a new owner, subject to the franchisor's approval.
For a prospective franchisee, this data point provides insight into the resale market for Batteries Plus Bulbs franchises in Louisiana. A low number of transfers could indicate limited opportunities to acquire an existing franchise, or it could suggest that franchisees are generally satisfied with their businesses and are not looking to sell. Conversely, a high number of transfers might signal potential issues with franchise performance or franchisee satisfaction, although it could also simply reflect a healthy market for buying and selling businesses.
It's important to note that franchise transfers are subject to the terms outlined in the franchise agreement, including any transfer fees or approval processes. Prospective franchisees should carefully review these terms and consider the reasons behind any franchise transfers in their target market. Understanding the dynamics of franchise resales can be a valuable part of the due diligence process when considering a Batteries Plus Bulbs franchise.