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Batteries Plus Signs 20 New Store Agreements in Q3
Battery, light bulb, key fob and repair franchise, Batteries Plus, signed 20 new store agreements, bringing the brand’s total signings for the year to 66. Included in the 20 new store agreements was a 10-unit signing which will expand the brand in Nevada and Utah, a three-unit signing in Philadelphia, and multiple two-packs set to expand Batteries Plus into Sacramento and Wichita.
Batteries Plus has its sights set on an additional 15 to 20 signings before the end of the year, solidifying the brand’s growth in 2021. Additional single-unit signings will grow the brand in Georgia, Texas, Illinois and California.
“Entrepreneurs and current store owners want to join and reinvest in our system because we offer a stable, lucrative business model, and our third-quarter growth is a testament to the strength of our brand,” says Joe Malmuth, vice president of franchise development and relations, certified franchise executive.
- ◦Lease
