Batteries Plus Bulbs vs Rent - A - Center Franchise Comparison

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

Start-Up Costs and Fees
 
Batteries Plus Bulbs Franchise
Rent - A - Center Franchise
Investment $201,450 - $385,230$355,268 - $560,225
Franchise Fee $37,500$35,000
Royalty Fee 5%5.5%
Advertising Fee 1%3%
Year Founded 19881980
Year Franchised 19922013
Term Of Agreement 10 years5-10 years
Term Of Agreement 10 years5-10 years
Renewal Fee 20% of franchise fee-


Business Experience Requirements
 
Batteries Plus Bulbs Franchise
Rent - A - Center Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
    		• -

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

    Training & Support
     
    Batteries Plus Bulbs Franchise
    Rent - A - Center Franchise
    Training Periodic store visits & regional meetings On-The-Job Training: 84 Classroom Training: 168 Additional Training: Ongoing On-The-Job Training: 73 hours Classroom Training: 36 hours
    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/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketingAd Templates National Media Regional Advertising Social media SEO Website development 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.

    		Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6

    Expansion Plans
     
    Batteries Plus Bulbs Franchise
    Rent - A - Center Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoYes

    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 Rent - A - Center

    There's no better way to join the exciting and profitable rent-to-own industry than to franchise with Rent-A-Center. With over 4,100 locations in the United States and Mexico and over $3 billion in annual revenue, Rent-A-Center is the undisputed segment leader. We offer the resources unmatched in rent-to-own to support our franchisees. In addition to world-class marketing, training and operations support, Rent-A-Center franchisees benefit from in-house financing and a competitive royalty structure that decreases as you grow. Rent-A-Center Franchising is the nation's first franchisor of independently owned and operated rent-to-own stores, with over 35 years of franchising experience. Today, we are committed to creating value for our Franchisees by supporting them with superior systems, programs and processes every step of the way. Their successes are what drive our franchise model, one that is poised to continue its long, successful history.

    Veteran Incentives  $5,000 off franchise fee
    "Entrepreneur
    #209 in Franchise 500 for 2020.
    #153 in Franchise 500 for 2021.