How many Batteries Plus Bulbs franchises were transferred in Texas during 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Texas | 2022 | 3 |
| 2023 | 11 | |
| 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 11 franchise transfers in Texas during 2023. This indicates the number of existing Batteries Plus Bulbs franchises in Texas that were sold to new owners during that year.
For a prospective franchisee, this information is relevant for a few reasons. A high number of transfers could indicate a healthy market for reselling a franchise if the owner decides to exit the business. However, a high number could also signal potential issues with franchise profitability or franchisee satisfaction, prompting owners to sell.
The transfer rate should be considered alongside other factors such as store openings, closures, and overall performance to gain a comprehensive understanding of the franchise system's health in Texas. A prospective franchisee should inquire about the reasons for these transfers to assess any potential risks or opportunities associated with investing in a Batteries Plus Bulbs franchise in Texas.