Start-Up Costs and Fees |
||
| Overdrive Automotive | Batteries Plus Bulbs | |
| Investment | 99000 - 125000 | 201450 - 385230 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 1% | |
| Year Founded | 1997 | 1988 |
| Year Franchised | 2006 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Overdrive Automotive | Batteries Plus Bulbs | |
| Experience | General business experience Marketing skills People skills | |
Financing Options |
||
| Overdrive Automotive | Batteries Plus Bulbs | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Overdrive Automotive | Batteries Plus Bulbs | |
| Training | Periodic store visits & regional meetings On-The-Job Training: 84 Classroom Training: 168 Additional Training: Ongoing | |
| Support | National Account Sales Program With Standardized Pricing, On-line Order Capabilities, E-commerce, Real Estate & Store Design Support, On-going Field Support, Product Call Center, Intranet Site plus: Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing | |
| Operations | 62% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Overdrive Automotive | Batteries Plus Bulbs | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Ontario | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | |
| Franchise Fee | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | |
| Royalty Fee | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | 5% |
| Advertising Fee | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | 1% |
| Year Founded | |
| Overdrive Automotive | 1997 |
| Batteries Plus Bulbs | 1988 |
| Year Franchised | |
| Overdrive Automotive | 2006 |
| Batteries Plus Bulbs | 1992 |
| Term Of Agreement | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | 10 years |
| Renewal Fee | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | 20% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | General business experience Marketing skills People skills |
Financing Options |
|
| Franchise Fees | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | |
| Start-up Costs | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | |
| Equipment | |
| Overdrive Automotive} | |
| Batteries Plus Bulbs | |
| Inventory | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | |
| Receivables | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | |
| Payroll | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | |
Training & Support |
|
| Training | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | Periodic store visits & regional meetings On-The-Job Training: 84 Classroom Training: 168 Additional Training: Ongoing |
| Support | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | National Account Sales Program With Standardized Pricing, On-line Order Capabilities, E-commerce, Real Estate & Store Design Support, On-going Field Support, Product Call Center, Intranet Site plus: Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing |
| Operations | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | 62% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Overdrive Automotive | Ontario |
| Batteries Plus Bulbs | 0 |
| International Expansion | |
| Overdrive Automotive | |
| Batteries Plus Bulbs | |