How many Batteries Plus Bulbs stores were operating in Minnesota at the start of 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer 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 start of 2023. The table provided in Item 20 of the FDD details the store counts by state and year, showing that Minnesota had 23 stores at the beginning of 2022, and that number remained constant through 2023 and 2024. No stores opened, closed, or were otherwise affected during this period, maintaining the count at 23.
For a prospective franchisee, this indicates a stable market presence for Batteries Plus Bulbs in Minnesota. The absence of store openings or closures in recent years could suggest a mature market with established territories. However, it's important to investigate further to understand the sales performance, market saturation, and competitive landscape in specific areas of Minnesota.
It would be prudent for potential franchisees to inquire about the performance of existing stores, the availability of territories, and the overall growth strategy for the Minnesota market. Understanding these factors will help in assessing the potential for success and making an informed investment decision.