Does Batteries Plus Bulbs have any predecessors that require disclosure in Item 1 of the FDD?

According to the 2025 Batteries Plus Bulbs FDD, Batteries Plus, L.L.C. states that it has no predecessors required to be disclosed in Item 1. The document clarifies that neither Batteries Plus, nor any parent, affiliate, or predecessor, has ever offered franchises for any other type of business, except as described in the document.

The FDD does mention the brand's evolution, noting that from 1988 through October 2012, all stores operated under the mark "Batteries Plus." From October 2012 through March 2020, stores operated under the mark "Batteries Plus Bulbs." As of April 2020, all new stores operate under the "Batteries Plus" mark, with existing "Batteries Plus Bulbs" stores transitioning to "Batteries Plus" over time. However, this change in branding does not constitute a predecessor requiring disclosure.

The document also identifies Square Brands International, LLC, as the parent company of Batteries Plus, and Batteries Plus Holding Corporation as the parent company of Square Brands. It further explains that Batteries Plus Holding Corporation was merged with and into BPB Acquisition Corp. in 2016 and is now controlled through affiliated companies by Freeman Spogli & Co. Ascent Battery Supply, L.L.C. is a wholly-owned subsidiary and affiliate that acquires products for redistribution to Batteries Plus franchisees. FASTSIGNS International, Inc. is an affiliate through Freeman Spogli that franchises FASTSIGNS centers. These entities are considered parents or affiliates rather than predecessors.

In summary, while Batteries Plus Bulbs has undergone branding changes and has parent companies and affiliates, the FDD explicitly states that it has no predecessors that require disclosure in Item 1. This means that there were no previously existing franchise systems that were absorbed or replaced by Batteries Plus Bulbs that would necessitate a formal predecessor disclosure in the FDD.