Franchimp Summary Rating
Higher than 82% of peers
Franchise Summary
Description
The franchise relates to the development and operation of an Interstate All Battery Center retail store ("Center"). The Centers specialize in the sale of batteries and offer custom battery pack building, including battery packs for batteries that do not have a standard replacement. The general geographicarea in which the franchisee will develop its Center will be determined by the franchisor, in consultationwith the franchisee, before the franchise agreement is signed.
Company Background
Interstate All Battery Center is a nationwide franchise that specializes in the sale of batteries and custom battery pack building. Our mission is to help customers save money on their electric bills by offering customized battery packs for various devices.
Franchise Opportunity
Interstate All Battery Center is the perfect solution for all of your battery needs, but finding a location that is convenient for you can be difficult. You need a reliable source for batteries, and you don't have time to waste driving all over town. With an Interstate All Battery Center franchise, you'll have easy access to all of the batteries you need, when you need them. We offer custom battery packs and specialize in the sale of batteries.
Corporate Structure
Interstate Battery Franchising & Development, Inc. is a Delaware corporation with its principal place of business at 301 121st Street, Urbandale, Iowa 50323. They incorporated in Delaware on January 18, 2000.
Royalties and Marketing Fees
Royalties : If you are a franchisee only and not an Interstate Batteries independent distributor, then you must pay 5% of Gross Sales. If you are a franchisee and an Interstate Batteries independent distributor, you must pay the greater of 5% of Gross Sales and the minimum annual royalty ($12,500 for the first Royalty Year, $17,500 the second Royalty Year, and $25,000 each subsequent Royalty Year).
Royalties : 1.5% of Gross Sales
Royalties : Your LSM expenditures during your first calendar year will be the greater of 4% of your Gross Sales or the approved ramp up marketing campaign in the amount of at least $25,000 (with $10,000 of such amount required to be spent in the first 120 days of Center operations and an additional $15,000 during the remaining 245 days of the first calendar year). After your first calendar year, you must spend the greater of 4% of total Gross Sales or $15,000 (subject to increases due to inflation) during each calendar year (when combined with cooperative advertising expenses)
Franchise Types Available
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Employee Contact Database
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Distribution of Interstate All Battery Center Franchisees
Interstate All Battery Center Franchise System Development in 2022
FAQ
How much investment do I need to start my own Interstate All Battery Center business?
Franchisees typically require at least $179 to $438 investment to get their Interstate All Battery Center business started
What are the initial franchise fees for Interstate All Battery Center?
Franchisees typically need to pay at least $55 in fees directly to Interstate All Battery Center in order to earn the right to launch their business
How much money can I make with a Interstate All Battery Center franchise? What are
the average revenues for a typical Interstate All Battery Center business?
We haven’t done the math on how much revenue a typical
Interstate All Battery Center brings in each year. We estimate that other
franchisees in the Retail industry generate
$1,131,885 revenue, so we would expect
Interstate All Battery Center to generate a similar amount
How long do I need to commit to running a Interstate All Battery Center unit? What
is my contractual commitment?
Interstate All Battery Center franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$179,200 to $438,000
which is
Much Higher
than the $0 to $0 average in the Home Improvement & Remodeling industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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