What is the renewal fee for a Batteries Plus Bulbs franchise?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Agreement(1) | Summary(1) |
|---|---|---|
| a. Length of the franchise term | Section 3; Section 3 of Multiple Unit Franchise Agreement | Franchise Agreement: 10 years. Multiple Unit Franchise Agreement: Ends on last day of Development Schedule. |
| b. Renewal or extension | Section 3 | If you are in good standing, you can renew the Franchise |
| of the term | Agreement for one additional 10 year term. | |
| c. Requirements for you to renew or extend | Section 3 | Provide advance notice, comply with current Franchise Agreement, you and your Store Manager satisfactorily complete any new/refresher training programs, you and your Principal Owners must meet current managerial, financial and business standards, sign new agreement (which may contain materially different terms and conditions than your original Franchise Agreement), remodel, pay renewal fee and Omni-Channel access renewal fee, and sign a general release of claims. |
Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 49–53)
What This Means (2025 FDD)
According to the 2025 Batteries Plus Bulbs FDD, a franchisee can renew their franchise agreement for one additional 10-year term if they are in good standing. To renew the franchise agreement, the franchisee must provide advance notice and comply with the current franchise agreement.
Additionally, the franchisee and their store manager must satisfactorily complete any new or refresher training programs. The franchisee and their principal owners must also meet the current managerial, financial, and business standards set by Batteries Plus Bulbs.
Furthermore, the franchisee is required to sign a new franchise agreement, which may contain materially different terms and conditions than the original agreement. The franchisee must also complete any required remodeling of the store, pay a renewal fee, pay an Omni-Channel access renewal fee, and sign a general release of claims. The specific amount of the renewal fee is not specified in Item 17.