According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the company leases retail stores, a warehouse facility, administrative offices, and equipment under non-cancellable operating leases. These leases expire at various dates through 2041. Batteries Plus Bulbs is generally required to cover real estate taxes and other costs associated with these leased facilities.

This information is relevant for prospective franchisees as it outlines the company's lease obligations and potential financial responsibilities related to leased properties. Understanding the lease terms and expiration dates can help franchisees assess the long-term stability and costs associated with their business locations. The fact that leases extend through 2041 suggests a long-term commitment to physical locations.

It's important to note that the specific lease terms, including renewal options and costs, can vary. The FDD indicates that most leases typically have initial terms of between one and five years, with one to three optional renewal periods of one to five years each. The company evaluates renewal options and includes those reasonably certain to exercise in its expected lease terms. Prospective franchisees should carefully review the lease agreements for their specific locations to understand their obligations and potential costs.