Start-Up Costs and Fees |
||
| Batteries Plus Bulbs | Buddy's Home Furnishings | |
| Investment | 201450 - 385230 | 385166 - 912594 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1% | $500/mo. |
| Year Founded | 1988 | 1965 |
| Year Franchised | 1992 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Batteries Plus Bulbs | Buddy's Home Furnishings | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| Batteries Plus Bulbs | Buddy's Home Furnishings | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Batteries Plus Bulbs | Buddy's Home Furnishings | |
| Training | Periodic store visits & regional meetings On-The-Job Training: 84 Classroom Training: 168 Additional Training: Ongoing | On-The-Job Training: 60+ hours Classroom Training: Up to 42 hours |
| Support | National Account Sales Program With Standardized Pricing, On-line Order Capabilities, E-commerce, Real Estate & Store Design Support, On-going Field Support, Product Call Center, Intranet Site plus: Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 62% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Batteries Plus Bulbs | Buddy's Home Furnishings | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Batteries Plus Bulbs | |
| Buddy's Home Furnishings | |
| Franchise Fee | |
| Batteries Plus Bulbs | |
| Buddy's Home Furnishings | |
| Royalty Fee | |
| Batteries Plus Bulbs | 5% |
| Buddy's Home Furnishings | 6% |
| Advertising Fee | |
| Batteries Plus Bulbs | 1% |
| Buddy's Home Furnishings | $500/mo. |
| Year Founded | |
| Batteries Plus Bulbs | 1988 |
| Buddy's Home Furnishings | 1965 |
| Year Franchised | |
| Batteries Plus Bulbs | 1992 |
| Buddy's Home Furnishings | 2007 |
| Term Of Agreement | |
| Batteries Plus Bulbs | 10 years |
| Buddy's Home Furnishings | |
| Renewal Fee | |
| Batteries Plus Bulbs | 20% of franchise fee |
| Buddy's Home Furnishings | |
Business Experience Requirements |
|
| Experience | |
| Batteries Plus Bulbs | General business experience Marketing skills People skills |
| Buddy's Home Furnishings | |
Financing Options |
|
| Franchise Fees | |
| Batteries Plus Bulbs | No |
| Buddy's Home Furnishings | No |
| Start-up Costs | |
| Batteries Plus Bulbs | |
| Buddy's Home Furnishings | |
| Equipment | |
| Batteries Plus Bulbs} | |
| Buddy's Home Furnishings | |
| Inventory | |
| Batteries Plus Bulbs | |
| Buddy's Home Furnishings | |
| Receivables | |
| Batteries Plus Bulbs | |
| Buddy's Home Furnishings | |
| Payroll | |
| Batteries Plus Bulbs | |
| Buddy's Home Furnishings | |
Training & Support |
|
| Training | |
| Batteries Plus Bulbs | Periodic store visits & regional meetings On-The-Job Training: 84 Classroom Training: 168 Additional Training: Ongoing |
| Buddy's Home Furnishings | On-The-Job Training: 60+ hours Classroom Training: Up to 42 hours |
| Support | |
| Batteries Plus Bulbs | National Account Sales Program With Standardized Pricing, On-line Order Capabilities, E-commerce, Real Estate & Store Design Support, On-going Field Support, Product Call Center, Intranet Site plus: Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Buddy's Home Furnishings | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Batteries Plus Bulbs | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing |
| Buddy's Home Furnishings | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Batteries Plus Bulbs | 62% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. |
| Buddy's Home Furnishings | |
Expansion Plans |
|
| US Expansion | |
| Batteries Plus Bulbs | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Buddy's Home Furnishings | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Batteries Plus Bulbs | 0 |
| Buddy's Home Furnishings | |
| International Expansion | |
| Batteries Plus Bulbs | |
| Buddy's Home Furnishings | |