Start-Up Costs and Fees |
||
| Munster Tool | Batteries Plus Bulbs | |
| Investment | 30000 - 50000 | 201450 - 385230 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 1% | |
| Year Founded | 1980 | 1988 |
| Year Franchised | 1980 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Munster Tool | Batteries Plus Bulbs | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| Munster Tool | Batteries Plus Bulbs | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Munster Tool | Batteries Plus Bulbs | |
| Training | Periodic store visits & regional meetings On-The-Job Training: 84 Classroom Training: 168 Additional Training: Ongoing | |
| 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 | |
| Marketing | 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 |
||
| Munster Tool | 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 | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Munster Tool | |
| Batteries Plus Bulbs | |
| Franchise Fee | |
| Munster Tool | |
| Batteries Plus Bulbs | |
| Royalty Fee | |
| Munster Tool | |
| Batteries Plus Bulbs | 5% |
| Advertising Fee | |
| Munster Tool | |
| Batteries Plus Bulbs | 1% |
| Year Founded | |
| Munster Tool | 1980 |
| Batteries Plus Bulbs | 1988 |
| Year Franchised | |
| Munster Tool | 1980 |
| Batteries Plus Bulbs | 1992 |
| Term Of Agreement | |
| Munster Tool | |
| Batteries Plus Bulbs | 10 years |
| Renewal Fee | |
| Munster Tool | |
| Batteries Plus Bulbs | 20% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Munster Tool | |
| Batteries Plus Bulbs | General business experience Marketing skills People skills |
Financing Options |
|
| Franchise Fees | |
| Munster Tool | |
| Batteries Plus Bulbs | |
| Start-up Costs | |
| Munster Tool | |
| Batteries Plus Bulbs | |
| Equipment | |
| Munster Tool} | |
| Batteries Plus Bulbs | |
| Inventory | |
| Munster Tool | |
| Batteries Plus Bulbs | |
| Receivables | |
| Munster Tool | |
| Batteries Plus Bulbs | |
| Payroll | |
| Munster Tool | |
| Batteries Plus Bulbs | |
Training & Support |
|
| Training | |
| Munster Tool | |
| Batteries Plus Bulbs | Periodic store visits & regional meetings On-The-Job Training: 84 Classroom Training: 168 Additional Training: Ongoing |
| Support | |
| Munster Tool | |
| 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 | |
| Munster Tool | |
| Batteries Plus Bulbs | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing |
| Operations | |
| Munster Tool | |
| 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 | |
| Munster Tool | |
| 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 | |
| Munster Tool | |
| Batteries Plus Bulbs | 0 |
| International Expansion | |
| Munster Tool | |
| Batteries Plus Bulbs | |