Batteries Plus Bulbs vs Proforma Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Batteries Plus Bulbs vs Proforma including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$201,450 - $385,230 | $44,030 - $59,695 |
Franchise Fee |
$37,500 | $34,500 |
Royalty Fee |
5% | 5-8% |
Advertising Fee |
1% | 0.25% -1% |
Year Founded |
1988 | 1978 |
Year Franchised |
1992 | 1986 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
20% of franchise fee | - |
Business Experience Requirements |
Experience |
General business experience Marketing skills People skills | Proforma is seeking individuals with good marketing, relationship building and sales skills. Industry knowledge or background is not necessary as product knowledge is taught during our training program. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
Yes/Yes | No/No |
Equipment |
Yes/Yes | No/No |
Inventory |
Yes/Yes | No/No |
Receivables |
No/No | Yes/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
Periodic store visits & regional meetings
On-The-Job Training: 84
Classroom Training: 168
Additional Training: Ongoing
| Proforma Franchise Owners are provided with comprehensive training, proven marketing and sales techniques, and business development tools at Proforma's Success University, in an excellent week-long training program at the Worldwide Support Center in Cleveland, Ohio.
Classroom Training: 25 hours
Additional Training: At regional/annual convention
|
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 | Ongoing Support
Newsletter
Meetings/Conventions
Toll-Free Line
Online Support
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.
| Number of Employees Required to Run: 1 |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | No |
International Expansion |
No | Yes |
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 Proforma
Gregory P. Muzzillo founded Proforma in 1978 with a college friend. Within one year, the business they started with $200 saw its sales grow to $250,000 and their clients expand to over 300. By 1982, sales reached $1 million and Proforma was named in successive years to Inc. Magazine's 500 Fastest Growing Companies - the only company in the business forms industry to make the list twice.
To continue Proforma's rapid growth, Muzzillo looked to alternate routes. In 1986, he developed the Proforma franchise model - a network of independent distributors working together to build marketing clout and strong supplier relationships. This model proved successful, as Proforma, now in its fourth decade, has grown to nearly $400 million in sales.
Proforma is the leading franchise opportunity in the $200 billion Print and Promotional Products industry. Proforma is a great opportunity for individuals who are looking for a professional opportunity to sell in a business-to-business environment. Our Franchises can be operated from a home-based office and no inventory, equipment, or retail storefront is required.
The total investment necessary to begin operation of a Start-Up Proforma
franchise is from $44,030 to $59,695. This includes a $39,000 initial
fee that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a Relevant Industry
Experience Proforma franchise is from $5,030 to $20,695. This includes
no ($0) initial fee that must be paid to the franchisor or its
affiliate.
The total investment necessary to begin operation of a
Conversion Proforma franchise is from $5,030 to $20,695. This includes
no ($0) initial fee that must be paid to the franchisor or its
affiliate.
Veteran Incentives Franchise fee waived
#373 in Franchise 500 for 2020.