How many Batteries Plus Bulbs stores were in Virginia at the end of 2022?
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 Ye
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 14 stores in Virginia at the end of 2022. The table provided in Item 20 of the FDD details the number of stores at the start of the year, stores opened, terminations, non-renewals, stores reacquired by the franchisor, ceased operations/other reasons, and the number of stores at the end of the year for each state.
For a prospective franchisee, this information is useful in understanding the growth and stability of Batteries Plus Bulbs in Virginia. Seeing that the number of stores remained constant throughout 2022 suggests a stable market presence. This can be a positive indicator for potential investment in the region.
It's important to note that while the number of stores remained the same, factors such as terminations or non-renewals could still impact the overall health of the franchise system in Virginia. Further investigation into the reasons behind any store closures or changes in ownership would provide a more comprehensive understanding of the market dynamics.