Batteries Plus Closes Out 2021 with Record Signings
January 13, 2022 // Franchising.com // HARTLAND, Wis. - The battery, light bulb, key fob and phone repair franchise, Batteries Plus, announced today the solidification of a record-breaking year in 2021. Significant fourth quarter growth caps off 12-months of success for the retail brand which brought a total of 88 signings and organic growth with current franchisees. Included in the 88 new store agreements were many multi-unit signings including a 10-unit signing for Nevada and Utah, another 10-unit deal in Texas and Louisiana, an eight-unit signing in Atlanta - which officially sold out the market - and a three-unit signing in Long Island.
In addition to the brand’s growth, Batteries Plus ended the year with other company firsts including shattering year-end goals by August 2021, implementing an Exit Strategy and Support Program for franchisees and hosting a first-of-its-kind Educational and Support Workshop for owners. This year also brought promotions to key players within the brand including Joe Malmuth, Vice President of Franchise Development and Relations and Certified Franchise Executive (CFE) and other members of the store development team.
“The past year saw the Batteries Plus franchise reach a rate of growth the likes of which our brand had never before experienced including store signings, openings and even corporate team growth,” said Scott Williams, CEO of Batteries Plus.
Heading into 2022, The brand will continue to put its franchisees first while focusing on making them more profitable. As with this year, Batteries Plus will continue to take proactive steps to spare its franchisees from inventory obstacles plaguing retailers around the globe.
This year has also brought development and expansion for the Batteries Plus leadership team - further solidifying a strong foundation for continued franchisee support - and a partnership with Samsung in which the brand became the first retail partner in Samsung’s Independent Service Provider program. The partnership provides Samsung users access to receive best-in-class smartphone repair services at Batteries Plus locations across the country.
“We are determined to keep our sights set on the most important aspects that will continue to fuel our growth - promoting infrastructure investments that will help our existing franchisees navigate the uncertain environment brought on by the ongoing pandemic, bringing on new owners while supporting the growth of our current franchisees and continuing to bring our unmatched products and services to communities underserved by our brand,” added Williams.
“There have been many positive developments this year and as we reflect on 2021, we can be proud of what we accomplished. The bar has been set extremely high but I am confident in what our brand can do in 2022,” added Jon Sica, Chief Business Officer of Batteries Plus. “By staying true to our core offerings and continuing to support our owners and find the right prospects to help grow our brand, the sky is the limit for Batteries Plus.”
Batteries Plus franchise owners are passionate about providing essential products and services for their local communities. Batteries Plus has also carved out a unique niche in the industry with its ‘plus’ services - including battery installation and key fob programming - capitalizing on both its knowledge and service offerings. Positioned for the battery-powered future, Batteries Plus supplies fundamental products that power people’s lives - wheelchairs, mobility scooters, thermometers, etc. Batteries Plus was ranked on Franchise Times Top 400 list, coming in at #130 and for the 29th year in a row, the brand ranked on Entrepreneur Magazine’s Franchise 500 list, climbing 69 spots over last year’s rank.
SOURCE Batteries Plus
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