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Entrepreneur Magazine has ranked the omni-channel retailer of batteries, specialty light bulbs and phone repair services #188 in their 41st Annual 500, an influential ranking of the year’s strongest franchise brands.
Batteries Plus Bulbs was recently ranked one of Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. The brand was honored with the 188th spot for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
Batteries Plus Bulbs was the first brand to identify the growing need for battery replacement and specialty bulbs in both commercial and retail applications in an age of ever-changing technology. Since the brand begin franchising in 1992, it has grown astronomically, now encompassing nearly 750 units across the United States.
Over its 41 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. With a single-unit investment range between $189,250 and $366,250, Batteries Plus Bulbs Batteries Bulbs has a lot to celebrate as it looks at impressive growth in existing markets, including 18 new stores openings in 2019. Its position on the ranking is a testament to its strength as a franchise opportunity.
For a full list of the Franchise 500 rankings, click here.
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