Batteries Plus Bulbs vs The Sharper Image Franchise Comparison

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

Start-Up Costs and Fees
 
Batteries Plus Bulbs Franchise
The Sharper Image Franchise
Investment $201,450 - $385,230N/A
Franchise Fee $37,500N/A
Royalty Fee 5%-
Advertising Fee 1%-
Year Founded 19882009
Year Franchised 19922009
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 20% of franchise fee-


Business Experience Requirements
 
Batteries Plus Bulbs Franchise
The Sharper Image Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
    		• -

    Financing Options
     
    Batteries Plus Bulbs Franchise
    The Sharper Image 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
    The Sharper Image 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
    The Sharper Image Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion 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 The Sharper Image

    Licensing Opportunities Times have changed, but our core customer values have remained the same. A consumer that is loyal to the brand and is expecting high quality innovative products. The Sharper Image has shifted to a global lifestyle brand licensor, reaching the consumer via retailers, e-commerce and catalog. We partner with best in class manufacturers and now The Sharper Image products are available at major retailers, department stores and specialty stores numbering in the thousands. The Sharper Image is currently looking to develop relationships with worldwide strategic partners as Direct to Retail, master distributors and product licensing opportunities will all be considered before entering a market. International distribution will be segmented to the following regions: North America, Latin America, Asia, Europe, Middle East & Australia. A prospective licensee must be committed to the values of our business model. They must demonstrate the capability to bring unique products with cutting edge applications to market; products that are feature-rich, beautifully designed and transformative. To join the brand initiative, please contact us at: [email protected]