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How many Batteries Plus Bulbs stores were operating in Minnesota at the end of 2024?

Batteries_Plus_Bulbs Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Number of Transfers
North Carolina 2022 2
2023 1
2024 0
North Dakota 2022 0
2023 1
2024 0
Ohio 2022 0
2023 1
2024 0
Pennsylvania 2022 0
2023 1
2024 2
South Carolina 2022 0
2023 1
2024 0
South Dakota 2022 0
2023 1
2024 0
Texas 2022 3
2023 11
2024 3
Utah 2022 2
2023 0
2024 0
Virginia 2022 0
2023 3
2024 0
Wisconsin 2022 1
2023 0
2024 0
Wyoming 2022 1
2023 0
2024 0
TOTAL 2022 53
2023 46
2024 25

TABLE NUMBER 3 Status of Franchised Stores For Years 2022-2024

| State | Year | Stores at the Start of the Year | Stores Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Operations / Other Reasons | Stores at the End of the Yea

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 23 stores operating in Minnesota at the end of 2024. The table provided in Item 20 of the FDD details the store counts over the past three years, showing that the number of Batteries Plus Bulbs locations in Minnesota remained constant, with 23 stores operating at the start of 2022, 2023 and 2024, and no stores opening or closing during this period.

For a prospective franchisee in Minnesota, this indicates a stable market presence for Batteries Plus Bulbs. The absence of store openings or closures in recent years could suggest a well-established market or limited opportunities for expansion within the state. It's important to note that while the number of stores remained constant, external factors such as changes in local market conditions or consumer preferences could still impact individual store performance.

It is also worth noting that while there were 23 stores operating in Minnesota at the end of 2024, the FDD also indicates that there were no franchise agreements signed, but stores not yet opened. However, the FDD projects one new franchised store in Minnesota in the next fiscal year. This information could be useful for a prospective franchisee to understand the current market saturation and potential for future growth in Minnesota.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.