HARTLAND, WI, December 24, 2010 /24-7PressRelease/ -- Batteries Plus achieved its highest ranking yet by Entrepreneur Magazine as #77 on the 2011 "Franchise 500" list. The company is the nation's #1 retail battery franchise and has also been recognized as one of the fastest-growing franchises again in 2011. Batteries Plus has made Entrepreneur's "Franchise 500" list for 15 consecutive years now.
The Franchise 500 list by Entrepreneur Magazine is the world's first, best and most comprehensive franchise ranking that is based on objective, quantifiable measures of success from financial and statistical data. In its 32nd year of release, the list recognizes the best franchises of 2011 with categories such as fastest-growing franchises and top 10 franchises.
"We've recognized the increasing demand for batteries needed to power up all of the portable electronic devices and in both businesses and homes, and our goal since opening as primarily a car battery retailer in 1988 has been to meet and exceed those needs," said Russ Reynolds, CEO of Batteries Plus. "Not only have we been able to do that by providing a selection of over 40,000 batteries and accessories for thousands of products to our customer base, but over the past 20-plus years, we've grown into the largest battery franchise in the country. We're proud to receive recognition for what we've done, and we're going to continue to grow and be successful in keeping up with the rapid technology advancements in today's society."
Since last year, Batteries Plus has jumped from #117 to #77 on the Franchise 500 list which is its highest ranking in 15 years. The company proudly remains the best retail battery franchise in the nation and has once again secured a spot on the fastest growing franchise list. Now with more than 440 locations in 45 states and Puerto Rico, and having seen double digit same store sales growth for 5 consecutive years, the Batteries Plus franchise model continues to grow at a record setting pace as it heads into 2011.
Batteries Plus is the nation's largest and fastest growing battery retailer, selling more than 50 million batteries per year. Batteries Plus, designated by Inc. Magazine as the nation's fastest growing specialty retailer and ranked as the #1 Battery Franchise by both Entrepreneur Magazine and D&B AllBusiness.com, has more than 440 locations in 45 states and Puerto Rico. With access to more than 40,000 types of batteries and accessories, Batteries Plus has the widest selection of batteries and battery-related products and offers 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 battery retailing leader in the expanding $24 billion battery category, estimated to reach $33.6 billion in 2012. To learn more about our exciting franchise opportunities and joining the battery franchise leader please visit http://www.batteriesplus.com for more information.