Batteries Plus Named Top Battery Franchise By Entrepreneur Magazine
Business Magazine Ranks Nation’s Largest and Fastest Growing All Battery Concept on ‘Franchise 500’ List for Fourteenth Consecutive Year
Hartland, WI – For the 14th consecutive year, Batteries Plus has been named a top franchise by Entrepreneur Magazine on the “Franchise 500” list. Batteries Plus, the nation’s largest and fastest all battery franchise with more than 396 locations across the country, was also named the top retail battery franchise again in 2010.
This year marks the 31st in which Entrepreneur Magazine has released the Franchise 500 list. The prestigious business magazine’s rankings are determined on objective and quantifiable measures of franchise success. The most important factors used in determining rankings include financial strength and stability, growth rate, and size of the system. Other factors taken in to consideration include the number of years a company has been in business, the length of time the concept has been franchising, startup costs, litigation, percentage of terminations, and whether the company provides financing to entrepreneurs.
“Since the day the first Batteries Plus location opened in 1988, it has been our goal to be the place where people go when they need batteries of any kind,” said Russ Reynolds, CEO of Batteries Plus. “Over the past 20-plus years we’ve grown into the largest battery franchise in the country and people have taken notice of our success. Every person and every business in the country has battery needs and more people are realizing that we can help save time and money. Our ranking as the best battery franchise is further proof that we are one of the best overall franchise concepts in the country.”
Batteries Plus has been piling up the accolades in the past year. The news of the Entrepreneur Magazine “Franchise 500” listing comes after being named the most searchable online retailer for car batteries by Internet Retailer and being named number 59 overall in Dun & Bradstreet’s AllBusiness AllStars rankings, which listed the top 300 best franchises in the country. Having opened a record number of stores in 2009, Batteries Plus is fast becoming one of the most attractive franchise opportunities on the market.
ABOUT BATTERIES PLUS
Batteries Plus is the nation’s largest and fastest growing battery retailer, selling more than 50 million batteries per year. Batteries Plus, designated by Inc. Magazine as the nation’s fastest growing specialty retailer, has 396 locations in 43 states and Puerto Rico and is the #1 most searchable online retailer for car batteries as ranked by Internet Retailer. With access to more than 40,000 types of batteries and accessories, Batteries Plus has the widest selection of batteries and battery-related products and offers unmatched service to consumers, businesses and government entities at the national and local levels. Batteries Plus stores also feature Tech Centers equipped to design, assemble, rebuild, and test custom battery packs. Batteries Plus continues its reign as the undisputed battery retailing leader in the expanding $24 billion dollar battery category. To learn more about our exciting franchise opportunities and joining the battery franchise leader please visit www.batteriesplus.com for more information.
Press Contact:
Chad Nason
Fishman Public Relations
cnason@fishmanpr.com
(847) 945-1300 ext.
http://batteriesplus.com
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