Start-Up Costs and Fees |
||
| Buddy's Home Furnishings | Batteries Plus Bulbs | |
| Investment | 385166 - 912594 | 201450 - 385230 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | $500/mo. | 1% |
| Year Founded | 1965 | 1988 |
| Year Franchised | 2007 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Buddy's Home Furnishings | Batteries Plus Bulbs | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| Buddy's Home Furnishings | Batteries Plus Bulbs | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Buddy's Home Furnishings | Batteries Plus Bulbs | |
| Training | On-The-Job Training: 60+ hours Classroom Training: Up to 42 hours | Periodic store visits & regional meetings On-The-Job Training: 84 Classroom Training: 168 Additional Training: Ongoing |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | 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 |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing |
| 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 |
||
| Buddy's Home Furnishings | Batteries Plus Bulbs | |
| 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 | |
| Buddy's Home Furnishings | |
| Batteries Plus Bulbs | |
| Franchise Fee | |
| Buddy's Home Furnishings | |
| Batteries Plus Bulbs | |
| Royalty Fee | |
| Buddy's Home Furnishings | 6% |
| Batteries Plus Bulbs | 5% |
| Advertising Fee | |
| Buddy's Home Furnishings | $500/mo. |
| Batteries Plus Bulbs | 1% |
| Year Founded | |
| Buddy's Home Furnishings | 1965 |
| Batteries Plus Bulbs | 1988 |
| Year Franchised | |
| Buddy's Home Furnishings | 2007 |
| Batteries Plus Bulbs | 1992 |
| Term Of Agreement | |
| Buddy's Home Furnishings | |
| Batteries Plus Bulbs | 10 years |
| Renewal Fee | |
| Buddy's Home Furnishings | |
| Batteries Plus Bulbs | 20% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Buddy's Home Furnishings | |
| Batteries Plus Bulbs | General business experience Marketing skills People skills |
Financing Options |
|
| Franchise Fees | |
| Buddy's Home Furnishings | |
| Batteries Plus Bulbs | |
| Start-up Costs | |
| Buddy's Home Furnishings | |
| Batteries Plus Bulbs | |
| Equipment | |
| Buddy's Home Furnishings} | |
| Batteries Plus Bulbs | |
| Inventory | |
| Buddy's Home Furnishings | |
| Batteries Plus Bulbs | |
| Receivables | |
| Buddy's Home Furnishings | |
| Batteries Plus Bulbs | |
| Payroll | |
| Buddy's Home Furnishings | |
| Batteries Plus Bulbs | |
Training & Support |
|
| Training | |
| Buddy's Home Furnishings | On-The-Job Training: 60+ hours Classroom Training: Up to 42 hours |
| Batteries Plus Bulbs | Periodic store visits & regional meetings On-The-Job Training: 84 Classroom Training: 168 Additional Training: Ongoing |
| Support | |
| Buddy's Home Furnishings | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| 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 |
| Marketing | |
| Buddy's Home Furnishings | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Batteries Plus Bulbs | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing |
| Operations | |
| Buddy's Home Furnishings | |
| 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. |
Expansion Plans |
|
| US Expansion | |
| 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 |
| 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 |
| Canada Expansion | |
| Buddy's Home Furnishings | |
| Batteries Plus Bulbs | 0 |
| International Expansion | |
| Buddy's Home Furnishings | |
| Batteries Plus Bulbs | |