What was the net change in the number of company-owned Batteries Plus Bulbs stores during 2024?

According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the net change in the number of company-owned stores during 2024 was an increase of 17 stores. At the start of 2024, Batteries Plus Bulbs had 116 company-owned stores, and by the end of the year, they had 133. This increase reflects the company's growth strategy and its decisions regarding store ownership.

For a prospective franchisee, this information provides insight into the balance between franchised and company-owned locations within the Batteries Plus Bulbs system. A growing number of company-owned stores could indicate a strong corporate investment in the brand and a belief in its profitability. However, it could also mean that Batteries Plus Bulbs is focusing more on corporate-owned stores rather than franchises.

It's important to note that the increase in company-owned stores can be attributed to Batteries Plus Bulbs reacquiring 17 stores from franchisees. This could be due to underperforming franchise locations or strategic decisions by Batteries Plus Bulbs to consolidate ownership in certain markets. A franchisee should inquire about the reasons behind these re acquisitions to better understand the dynamics of the franchise system and potential risks or opportunities.

Overall, the net increase in company-owned stores suggests a dynamic approach to market presence by Batteries Plus Bulbs. Potential franchisees should consider this information in the context of the overall franchise system, including the number of franchised locations, transfer activity, and the franchisor's long-term strategy.