How many Batteries Plus Bulbs franchises were transferred in Virginia 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
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 3 franchise transfers in Virginia during 2023. This information is valuable for prospective franchisees as it provides insight into the resale activity within the Batteries Plus Bulbs system in that state.
The number of transfers can indicate the health and desirability of existing franchise locations. A higher number of transfers might suggest a more active market for buying and selling franchises, while a lower number could imply stability or a lack of interest in selling.
For a potential Batteries Plus Bulbs franchisee, this data point helps in assessing the investment's liquidity and the potential for future exit strategies. It's important to consider this number in conjunction with other factors, such as store performance and local market conditions, to form a comprehensive understanding of the franchise opportunity in Virginia.