What section of the Batteries Plus Bulbs Franchise Agreement discusses 'Franchise Fees'?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
urther acknowledges that the provisions of such franchises may vary substantially from those contained in this Agreement.
The parties have signed this Agreement on the date stated in the first paragraph.
BATTERIES PLUS, L.L.C., (If Franchisee is a corporation or limited liability company) a Wisconsin limited liability company Name of corporation or limited liability company (If Franchisee is an individual owner, Franchisee must sign below; if a partnership, all partners must sign below)
EXHIBIT A TO FRANCHISE AGREEMENT
STORE LOCATION, PROTECTED AREA AND INITIAL FRANCHISE FEE
This Exhibit is attached to and is an integral part of the Batteries Plus® Franchise Agreement dated , 20 (the "Franchise Agreement"), between Franchisor and Franchisee. 1. Store Location. Franchisor and Franchisee agree that the Store will be located at the following premises: . Franchisee acknowledges that Franchisor's proposed location for a Batteries Plus® store. acceptance of a proposed location does not represent a warranty or representation of any kind as to the suitability of the 2. Protected Area. The Protected Area will be (check one): A. A radius of three (3) miles from the location of the Store; or B. population of 150,000 people. The geographic area described on the attachment to this Exhibit A that will have a residential 3. months after the date first stated above. Store Opening. Franchisee agrees to complete the development and open the Store for business within 4. Initial Franchise Fee. The Initial Franchise Fee is $ 5. the same meaning as provided in the Franchise Agreement. Defined Terms. All capitalized terms contained in this Exhibit and not defined in this Exhibit will have BATTERIES PLUS, L.L.C., (If Franchisee is a corporation or limited a Wisconsin limited liability company liability company) Name of corporation or limited liability company Title: (If Franchisee is an individual owner, Franchisee must sign below; if a partnership, all partners must sign below)
ALTERNATIVE EXHIBIT A TO FRANCHISE AGREEMENT STORE LOCATION (ALTERNATIVE)
| , 20 (the "Franchise Agreement"), between Franchisor and Franchisee.
Source: Item 22 — Contracts (FDD page 80)
What This Means (2025 FDD)
According to the 2025 Batteries Plus Bulbs Franchise Disclosure Document, Exhibit A to the franchise agreement discusses the initial franchise fee. Specifically, it states that the "Initial Franchise Fee is $." The exact amount is not specified in the excerpt.
Exhibit B to the Multiple Unit Franchise Agreement also discusses franchise fees within the context of a multiple-unit development schedule. It outlines the 'Territory Fee' and 'Store Development Schedule,' including the 'Initial Franchise Fee for each Store,' the 'Initial Franchise Fee due at Signing of Initial Franchise Agreement,' 'Territory Fee Credit,' and 'Initial Franchise Fee due at earlier of delivering complete site report or at least 9 months before date of Store opening.'
Prospective franchisees should carefully review Exhibits A and B of the Batteries Plus Bulbs franchise agreement to understand the specific amounts and payment schedules for franchise fees, as these can vary depending on whether they are opening a single unit or multiple units.