What was the total number of Batteries Plus Bulbs stores at the end of 2024?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Store Type | Year | Stores at the Start of the Year | Stores at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 590 | 609 | +19 |
| 2023 | 609 | 606 | -3 | |
| 2024 | 606 | 604 | -2 | |
| Company-Owned | 2022 | 112 | 112 | 0 |
| 2023 | 112 | 116 | +4 | |
| 2024 | 116 | 133 | +17 | |
| Total Stores | 2022 | 702 | 721 | +19 |
| 2023 | 721 | 722 | +1 | |
| 2024 | 722 | 737 | +15 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 70–79)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, at the end of 2024, there were a total of 737 stores. This total comprises 604 franchised stores and 133 company-owned stores.
Over the course of 2024, the number of franchised Batteries Plus Bulbs locations decreased by 2, while company-owned stores increased by 17. Overall, the total number of Batteries Plus Bulbs stores increased by 15 during 2024.
For a prospective franchisee, this indicates the overall growth of Batteries Plus Bulbs. While the number of franchised locations saw a slight decrease, the increase in company-owned stores suggests that Batteries Plus Bulbs is still expanding its presence. This information can be useful for potential franchisees to evaluate the brand's performance and stability.