Leading Specialty Retailer Crushes Year-End Goals; Inks 88 Signings, Opens 22 Stores in 2021
The nation’s largest and fastest-growing battery, light bulb, key fob and phone repair franchise, Batteries Plus, announced today the solidification of a record-breaking year in 2021. Significant fourth quarter growth caps off 12-months of success for the retail brand which brought a total of 88 signings through multi-unit agreements and organic growth with current franchisees. Included in the 88 new store agreements were many multi-unit signings including a 10-unit signing for Nevada and Utah, another 10-unit deal in Texas and Louisiana, an eight-unit signing in Atlanta – which officially sold out the market – and a three-unit signing in Long Island along with numerous other agreements which will expand the brand in Vermont, California, Arkansas, Georgia, Texas and Illinois.
In addition to the brand’s growth which was driven by extensive interest in the franchise’s stable, lucrative business model, Batteries Plus ended the year with other company firsts including shattering year-end goals by August 2021, implementing an Exit Strategy and Support Program for franchisees and hosting a first-of-its-kind Educational and Support Workshop for owners.
To learn more about Batteries Plus visit batteriesplusfranchise.com.