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Leading battery retailer celebrates groundbreaking ranking and its decades-long impact
heartland wisconsin, March 19, 2024 /PRNewswire/ — Batteries Plus, the world’s leading consumer and business specialty battery franchise, has been named to the Entrepreneur’s Franchise 500 Hall of Fame list for the second year in a row. This prestigious list recognizes elite franchise brands that have ranked on his Entrepreneur’s Franchise 500 ranking for more than 25 consecutive years. And regarding battery plus, 2024 mark This is a milestone as they have been on the list for 30 consecutive years.
this year, entrepreneur has published the 45th annual edition of its Franchise 500 rankings. This is an important milestone for publishing. Wanting to recognize the franchise brand that has been on the Franchise 500 journey the longest and continues to be named to the ranking year after year, the team was eager to announce his second Hall of Fame ranking to date.
“Almost ever since our franchise opportunity has been available, it has been recognized globally. entrepreneur This team is definitely something to be proud of.” Victor Daher, Vice President of Franchise Development at Batteries Plus. “This is a platform that our staff has provided us with over the years, helping us achieve our growth and system-wide development, and connecting us with great franchisees at every juncture. I was able to.”
Entrepreneur’s ranking formula analyzes brands based on more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. The ranking has become more competitive each year, with nearly 1,400 brands applying to make the top 500 in 2024. Only some brands. Hall of Fame.
“Batteries Plus continues to make record progress year after year, and our development pipeline will not run dry anytime soon,” he said. Joe Malmuth, Chief Development Officer of Battery Plus. “As our recession-proof business model and diversified revenue streams continue to attract new franchise partners, we are confident that one day we will celebrate our 30th anniversary.”th He earned a Hall of Fame ranking this year as well. Until then, it’s an honor to be named to the 2024 list again. ”
With more than 800 stores nationwide, Batteries Plus maximizes its national presence by providing a local feel to each community the brand serves. Batteries Plus provides unparalleled products and services to both consumers and businesses, including devices that power cell phones, key fobs, laptops and more, vehicles, fire and security systems, tools and more. Positioned for a battery-powered future, Batteries Plus ranks 130th on Franchise Times’ Top 400 list. Additionally, the brand ranks on Entrepreneur Magazine’s Franchise 500 list for its outstanding performance in areas such as unit growth, financial strength and stability, and brand strength, up 40 spots from last year’s ranking and for the past three years. Overall, it improved by 162 ranks. .
To view Battery Plus on the Franchise 500 Hall of Fame list, entrepreneur Browse the magazine or visit https://www.entrepreneur.com/franchises/discover-what-brands-have-ranked-on-the-franchise-500-for/470120.
About Battery Plus:
Batteries Plus was founded in 1988 and is headquartered in heartland wisconsinis a leading omnichannel retailer of batteries, specialty light bulbs, and phone repair services for direct-to-consumer and commercial channels. This retailer also offers key programming, replacement, and disconnection services. Through its nationwide store network, the company offers a differentiated value proposition of unparalleled product selection, availability and customer service. Batteries Plus owners Freeman Spogliis a private equity firm based in . Los Angeles and new york city. To learn more about one of Forbes®’s “Best Franchises to Buy in America,” visit: https://www.batteriesplusfranchise.com.
Media contact: Connor Gossel, Fishman Public Relations, cgossel@fishmanpr.com or (937) 545-9812
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