Batteries Plus

What is the nature of the 1 pending litigation case, and what is the timeline for resolution?

The franchisor initiated 2 cases as plaintiff in the past 3 years - what were the subjects of these cases (franchisee breaches, IP disputes, etc.) and what were the outcomes?

Why does the Franchise Fee of $44,500 exceed the typical range for retail franchises, and what additional benefits or support justify this premium?

The Transfer Fee of $22,250 is above typical range - is this fee negotiable, and does it include franchisor training and support for the incoming franchisee?

Can you provide specifics on the 8 renewal conditions mentioned in the renewal clause, particularly around compliance standards and training requirements?

In 2022, 30 units closed - what were the primary reasons (market conditions, business performance, franchisee exit) and how did you address the causes?

Of the 4 transfers in 2024, how many resulted in the same franchisee continuing operations versus external sale to a new owner?

What specific support and training programs are included to help franchisees achieve the median gross sales of $811,364?

Given the 2-year, 15-mile non-compete clause, what happens if a franchisee wants to operate in an adjacent territory after their franchise ends?

Are there any ongoing litigation cases that could affect franchise operations, territory rights, or franchisor obligations?

How is the $472 annual technology fee structured, and does it cover all point-of-sale systems, inventory management, and e-commerce integration?

What percentage of franchisees chose not to renew versus those who closed voluntarily without pursuing renewal?

Can you provide a breakdown of the 24 closures in 2023 by location and market type (urban vs. suburban)?

Does the exclusive territory guarantee remain valid if a new Batteries Plus location opens within the defined territory due to franchisor strategic decisions?

What are the specific 'good standing' requirements for renewal eligibility, and how often are franchisees denied renewal?

Are there any settlement agreements or confidentiality clauses related to the past 3 litigation cases that might affect franchise rights?

What is the average time franchisees operate before first transfer or closure - is there a pattern in early-stage versus established unit exits?

How does the Financial Performance data (Item 19) vary by location type, and what percentage of franchisees achieve or exceed the median gross sales figure?