Batteries Plus Bulbs vs Tire Warehouse Franchise Comparison

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

Start-Up Costs and Fees

 
Batteries Plus Bulbs Franchise
Tire Warehouse Franchise
Investment $201,450 - $385,230$100,000 - $342,000
Franchise Fee $37,500$15,000
Royalty Fee 5%3%
Advertising Fee 1%-
Year Founded 19881971
Year Franchised 19921989
Term Of Agreement 10 years7 years
Term Of Agreement 10 years7 years
Renewal Fee 20% of franchise fee$1.5K


Business Experience Requirements

 
Batteries Plus Bulbs Franchise
Tire Warehouse Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills

  • General business experience
  • Marketing skills

  • Financing Options

     
    Batteries Plus Bulbs Franchise
    Tire Warehouse Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs Yes/YesNo/No
    Equipment Yes/YesNo/Yes
    Inventory Yes/YesNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Batteries Plus Bulbs Franchise
    Tire Warehouse 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 PlatformNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketingAd slicks
    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.

    15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    Batteries Plus Bulbs Franchise
    Tire Warehouse Franchise
    US Expansion YesYes
    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 Tire Warehouse

    No mention of franchising on their website