The world’s leading consumer and business specialty battery franchise, Batteries Plus, enters 2025 following another record-setting year of growth in 2024.
With 57 signed agreements spanning 11 states and 30 new store openings across 15 states, the brand continues to cement its position as a leader in sustainable power solutions.
Highlighting 2024’s growth was a landmark Market Stewardship agreement signed in Phoenix, Arizona, in partnership with experienced multi-unit operator MarLu Investment Group. This agreement represents only the second deal of its kind for Batteries Plus, building on the success of the program introduced in 2023. The Market Stewardship program, a hybrid of Master Franchise and Area Development agreements, provides franchisees exclusive rights to an entire market, creating significant opportunities for strategic, multi-unit expansion.
“The continued success of our entire franchise system underscores the appeal of Batteries Plus as a robust and scalable business opportunity,” said Brandon Mangual, VP of Franchise Development for Batteries Plus. “The Phoenix agreement, another successful example of our Market Stewardship program in action, demonstrates how this model empowers multi-unit operators to bring our essential products and services to entire regions efficiently and effectively.”
To meet the rising demand for sustainable power solutions and battery recycling initiatives, Batteries Plus accomplished robust nationwide growth in 2024, with new locations opening in key markets such as California, Florida, Michigan, New York, North Carolina, Texas and more.
“Our 2024 performance showcases the strength of the Batteries Plus business model and our franchisees’ ability to connect with local communities,” said Joe Malmuth, Chief Development Officer of Batteries Plus. “As we look ahead in 2025, we’re excited to build on this momentum by expanding our footprint and delivering innovative solutions that meet the needs of consumers and businesses alike.”
Building on its successes, Batteries Plus has set ambitious goals for the year ahead, aiming to achieve 50 new signings and open 30 additional locations nationwide. The brand will continue to leverage its Market Stewardship program to create new opportunities for franchisees and drive impactful growth in key markets.
