The company saw record expansion take place last year through both organic growth and existing franchisees.
In total, the battery, light bulb, key fob and phone retail retailer signed for 60 new deals and opened 44 new stores in 2022 as it grew its presence with multi-unit expansions in South Florida and Long Island, New York.
“Batteries Plus still has plenty of untapped potential,” said Scott Williams, CEO of Batteries Plus. “With an impressive executive team such as ours and a force of 250 plus franchisees in our system, our brand is capitalizing on the knowledge and advantages we’ve created for ourselves to position our brand to continue to deliver the best of the best for the battery-powered present and future.”
“It’s been a commemorative year at Batteries Plus, and we show no signs of slowing down any time soon,” said Joe Malmuth, CFE, Chief Franchising Officer at Batteries Plus. “We’ve received incredible interest in our franchise opportunities with both current and prospective franchisees, which is a testament to our remarkable numbers from 2022 and the consistent growth that follows.”