Batteries Plus Ranked in Entrepreneur’s List of Brands for Multi-Unit Owners

By: Batteries Plus | 1 Shares 242 Reads

July 30, 2024 // Franchising.com // HARTLAND, Wis. - Batteries Plus has been recognized in Entrepreneur’s ranking of Brands for Multi-Unit Owners.

"We are honored to be recognized by Entrepreneur Magazine. This accolade is a testament to the hard work and dedication of our franchisees, as well as the strength and resilience of the Batteries Plus brand,” said Joe Malmuth, Chief Development Officer for Batteries Plus. “Our commitment to providing exceptional support for our franchise partners remains unwavering, and we are excited to continue our journey of innovation and excellence together."

Entrepreneur asked franchisors a few relevant questions: Do they offer discounts to franchisees purchasing multiple units? What percentage of their franchisees own multiple units? What percentage of their brand’s total units are owned by multi-unit franchisees? What is the average number of units owned by each franchisee? And finally, do they only sell multiple units or area developments? Entrepreneur also factored in each company’s Franchise 500 score, which is based on an analysis of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial stability.

“Franchising is about fulfilling ambitions. For some franchisees, their ambition is to simply be their own boss—and for others, it’s to own an ever-expanding collection of businesses as a multi-unit franchisee," says Jason Feifer, editor in chief of Entrepreneur magazine. We created this list for people with big vision, to help them find the brands that most support growth at all stages.”

SOURCE Batteries Plus

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