Batteries Plus Ranks #71 in 2012 Entrepreneur's Franchise 500® Battery and Light Bulb Franchise Recognized for Sixth Consecutive Year
Batteries Plus Ranks #71 in 2012 Entrepreneur's Franchise 500® Battery and Light Bulb Franchise Recognized for Sixth Consecutive Year
PRESS RELEASE - 12/16/2011 - Aaron Gessner (Fishman Public Relations)
Hartland, WI—Batteries Plus, the nation's largest and fastest-growing battery and light bulb franchise, ranked #71 in the 2012 Entrepreneur Magazine's Franchise 500®. The franchise also ranked #21 in Fastest Growing Franchises and #1 in the Batteries Category.
Entrepreneur's Franchise 500® is the world's first, best and most comprehensive franchise ranking based on objective, quantifiable measures of success. The most important factors include financial strength and stability, growth rate and size of the system. Only franchise companies that supply full Franchise Disclosure Documents (FDDs) or Canadian Disclosure Documents and whose information is verified by Entrepreneur can receive a listing.
"For the past five years Batteries Plus has steadily climbed up the rankings of this prestigious list and we're happy to see that trend continue with our 2012 Franchise 500® ranking," said Russ Reynolds, CEO. "Batteries Plus is experiencing record-setting growth despite the turbulent economy and as a result we've seen an increased interest in our franchise opportunity." Having opened a record 60 stores in 2010, Batteries Plus continued its rapid growth in 2011 by opening more than one store per week and signing a record number of franchise agreements. In the month of March alone, agreements were signed to open 32 new stores over the course of the next few years.
This is the sixth consecutive year that Batteries Plus has been named to the Franchise 500® rankings. In 2011, Batteries Plus ranked #77 in the Franchise 500 and #40 in Fastest-Growing.
Batteries Plus has developed a stronghold in communities nationwide with a distinctive niche that offers a comprehensive selection of batteries, light bulbs, related products and technical support for retail and business customers. Because of the consistent demand for battery products and services, the changing landscape of the light bulb market, outstanding levels of support and training, multiple revenue streams, and national brand recognition, Batteries Plus is recognized as one of the nation's top franchise opportunity offerings.
To learn more about Batteries Plus's ranking in Entrepreneur's Franchise 500® opens in new window. To learn more about Batteries Plus's exciting franchise opportunities please visit www.BatteriesPlus.com/franchise.
ABOUT BATTERIES PLUS
Batteries Plus is the nation's first, largest and fastest growing battery and light bulb franchise. Batteries Plus, designated by Franchise Times as the world's 5th fastest growing franchise in terms of unit growth, and ranked as the #1 Retail Battery Franchise by both Entrepreneur Magazine's Franchise 500 and Dun & Bradstreet's AllBusiness AllStar franchise listing, has over 495 locations in 46 states and Puerto Rico. Batteries Plus is owned by Roark Capital Group opens in new window, an Atlanta-based private equity firm. Roark's current franchise portfolio includes companies such as: Carvel Ice Cream opens in new window, Cinnabon opens in new window, Schlotzsky's opens in new window, Moe's Southwest Grill opens in new window, Seattle's Best Coffee International opens in new window, McAlister's Deli opens in new window, FastSigns opens in new window, Arby's opens in new window, Primrose Schools opens in new window, Wingstop opens in new window, Pet Valu opens in new window and Auntie Anne's opens in new window. With access to more than 40,000 types of batteries, light bulbs and related products, Batteries Plus offers the widest selection and unmatched service to consumers, businesses and government entities at the national and local levels. Batteries Plus stores also feature Tech Centers equipped to design, assemble, rebuild, and test custom battery packs. Batteries Plus continues its reign as the undisputed leader in the expanding $30.7 billion U.S. battery replacement market, estimated to reach $34.6 billion by 2014 and in the growing light bulb replacement market estimated to be at $14 billion. To learn more about our exciting franchise opportunities and joining the battery and light bulb franchise leader please visit www.BatteriesPlus.com/franchise for more information.
Media Contact: Aaron Gessner, Fishman Public Relations, (847) 945-1300 agessner[at]fishmanpr.com