Batteries Plus Bulbs vs Canadian Tire Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Batteries Plus Bulbs vs Canadian Tire including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Batteries Plus Bulbs Franchise
Canadian Tire Franchise
Investment $201,450 - $385,230$125,000 - And Up
Franchise Fee $37,500N/A
Royalty Fee 5%-
Advertising Fee 1%-
Year Founded 19881922
Year Franchised 19921934
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 20% of franchise fee-


Business Experience Requirements
 
Batteries Plus Bulbs Franchise
Canadian Tire Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
    		• -

    Financing Options
     
    Batteries Plus Bulbs Franchise
    Canadian Tire Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs Yes/Yes-/-
    Equipment Yes/Yes-/-
    Inventory Yes/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Batteries Plus Bulbs Franchise
    Canadian Tire Franchise
    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
     
    Batteries Plus Bulbs Franchise
    Canadian Tire Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Batteries Plus Bulbs

    The first Batteries Plus Bulbs store opened as Batteries Plus in Green Bay, Wisconsin, in 1988. Batteries Plus Bulbs now has stores throughout the country selling batteries and bulbs with on-site Tech Centers that design, assemble and test battery systems. Customers include individual consumers and commercial clients such as manufacturers, service businesses and government agencies.

    The total investment necessary to begin operation of a Store is from $201,450 to $385,230. This includes $108,475 to $156,625 that must be paid to the franchisor or their affiliates. If you sign a Multiple Unit Franchise Agreement, you also must pay us $10,000 for each Store you commit to develop.
    Veteran Incentives  $10,000 off franchise fee
    #188 in Franchise 500 for 2020.

    About Canadian Tire

    Canadian Tire Corporation, Limited - the country's most shopped retailer - offers a unique mix of products and services through the leadership of three specialty stores under one roof - Automotive, Sports and Leisure, and Home Products. With over 450 Canadian Tire Associate Stores serving communities nationwide, Canadian Tire Corporation, Limited and the Associate Dealers together employ 38,000 Canadians and form one of Canada's best-known and most successful retailers.

    You will immediately benefit from proven business systems which include commissions and allowances to help cover initial costs of operation.
    You will also take part in a 2 week hands-on Training Program that covers everything you will need to know moving forward to manage the business.

    Add participation in one of Canada’s most popular loyalty program, and marketing support from Home Office on an ongoing basis, and you will be ahead of the competition from the very start.


    "Top
    #21 in Canada's Top franchises.