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Updated RecentlyBatteries Plus Bulbs vs PartSource Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Batteries Plus Bulbs vs PartSource including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $201,450 - $385,230 | $50,000 |
| Franchise Fee | $37,500 | $30,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 1% | - |
| Year Founded | 1988 | 1996 |
| Year Franchised | 1992 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 20% of franchise fee | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | Periodic store visits & regional meetings On-The-Job Training: 84 Classroom Training: 168 Additional Training: Ongoing | $10k + GST |
| 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 |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
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 PartSource
Our mission is to be the most recommended auto parts specialty store in Canada. We service do-it-yourselfers and professional commercial installers. We supply nationally branded parts. We provide training and ongoing professional support. PartSource, the newest venture of Canadian Tire. Come grow with us.