What is the relationship between the initial franchise fee for Batteries Plus Bulbs (Item 5), the potential for travel and living expenses during training (Item 7), and the availability of SBA loan processing (Item 10) for franchisees who require financing?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount (See Note 2) | Method of Payment | When Due | To Whom Payment Is To Be Made |
|---|---|---|---|---|
| Prior to Site Build Out | ||||
| Initial Franchise Fee See Note 3 | $15,000 to $44,500 | Lump Sum | When you sign the Franchise Agreement | Batteries |
| Travel and Living Expenses during Training See Note 4 | $500 to $2,900 | As Incurred | Before Opening | Various Third Parties |
(3) The Initial Franchise Fee paid is paid to us and is more fully described in Item 5. We also offer a discounted Initial Franchise Fee for franchisees committing to open two or three Stores, to certain existing franchisees and to qualified veterans, as more fully described in Item 5.
(4) Training expenses include the cost of lodging, meals and travel expenses for one person attending the full initial training program (including the initial start up training program). As further described in Item 11, if you are a new franchisee opening your first Store, 2 individuals must participate in the device repair session of the initial start up training program. The estimated training expenses include the cost of lodging, meals and travel expenses for a second individual to attend the device repair component of the initial start up training program.
Franchisee is solely responsible for the compensation, travel, lodging and living expenses Franchisee and its employees incur in attending the initial, store manager and/or commercial sales training programs as well as any supplemental or refresher training programs.
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the initial franchise fee ranges from $15,000 to $44,500, payable as a lump sum when signing the Franchise Agreement. Item 5 further clarifies that Batteries Plus Bulbs offers discounted initial franchise fees for franchisees committing to open two or three stores, certain existing franchisees, and qualified veterans.
During the initial training program, franchisees should anticipate travel and living expenses ranging from $500 to $2,900, which are paid to various third parties before opening the store. If a new franchisee is opening their first Batteries Plus Bulbs store, two individuals must participate in the device repair session of the initial start-up training program, increasing the potential travel and living expenses. Franchisees are solely responsible for these expenses for themselves and their employees during initial, store manager, commercial sales, supplemental, or refresher training programs.
The FDD excerpts provided do not contain information regarding the availability of SBA loan processing for Batteries Plus Bulbs franchisees. To fully understand the financing options and support available, prospective franchisees should inquire directly with Batteries Plus Bulbs about their specific SBA loan processing assistance, preferred lenders, and any other financial assistance programs they offer.