Investment year: 2024

Industry: Consumer Services

Headquarters: Hartland, WI

batteriesplus.com

batteries-plus-logo

Founded in 1988 and headquartered in Hartland, WI, BatteriesPlus is a national franchisor of brick-and-mortar retailers for batteries and other products, installation, and repair services. The business is 85% franchised on a location basis (~720 store territories across 48 states as of FY 2023) with the remaining 15% company owned. Key products and services include starting, lighting and ignition batteries for auto, ATVs and other mobility devices, specialty and small cell batteries (e.g. watches) and installation, disposal and device repair services. Approximately 75% of the Company’s products require a do-it-for-me or service component.