America's #1 Battery Franchise Announces its Best Month to Date
DALLAS, May 16 /PRNewswire/ -- Interstate Batteries Franchise and
Development, the franchisor of Interstate All Battery Centers announces its
biggest month ever for franchisee signings, with 12 new deals inked in April
and is set to sign its 100th location by the end of May.
The newest locations include: Arkansas; Greater Buffalo, NY; Green
Mountain, VT; Las Vegas, NV; New York, NY; North Central, VA; Rockies, CO; San
Diego, CA; Santa Monica, CA; South Dakota; Utah and Virginia Beach, VA.
"Entrepreneurs increasingly recognize the quality of our business model,
the franchise offering and the potential to own a business with long-term
success," said President of Interstate Batteries Franchise and Development
Mickey Elam. "The stores fill a void for America's growing dependency on
specialty batteries and the need for a wide variety of power solutions."
Interstate Batteries, the billion dollar company that earned its
reputation with automotive batteries, honed the Interstate All Battery Center
(IABC) concept with 14 company-owned stores before offering the concept to
franchisees in 2000. IABC now has 95 stores in 33 states, plus Canada and
Puerto Rico and plans to have 300 stores by 2012.
IABC is the first nationally established brand to enter the fragmented
battery market, offering one-stop shopping for more than 13,000 types of power
solutions for everything from laptops to cameras to boats to hearing aids.
In the retail sector, the battery category is experiencing astonishing
growth, growing at eight percent annually. Analysts project the battery
category will reach $50 billion by 2010. Interstate All Battery is positioned
highly to lead this growing market. Currently, IABC is experiencing record
volumes and anticipates this momentum to continue.
Recently, Franchise Business Review, the industry leader in franchise
market research named Interstate All Battery Center to its prestigious annual
Top 50 list after reviewing more than 3,500 franchisor brands. In addition,
IABC was ranked #20 of FBR's Top 50 franchises for midsize-class concepts and
franchise satisfaction.
In 2007 the company's average volume reached more than $850 thousand and
is set to increase again in July for the third straight year. The franchise
system has grown by more than 100 percent over the past two years, powered in
part by the company's "extreme service" commitment, 15-minute auto-install
guarantee and the famous "Have it -- Find it -- Build it" promise that if IABC
doesn't have the battery solution a customer needs, the company will find it
or build it.
"Our franchisees are finding that we offer the right product, extreme
service and a great concept to succeed in the world of retail," said IABC
Director of Franchise Development Justin Darland. "The public is proving its
loyalty to the concept with a 98 percent customer service retention rate for
current Interstate All Battery Centers."
To learn more about Interstate Batteries, its franchise offering and growth,
call 800.730.7868 or visit http://www.allbatteryfranchise.com.
About Interstate All Battery Centers
Founded in 1952 and based in Dallas, Interstate Batteries is a privately
held group of corporations, which includes a company with 305 distributors
that service more than 200,000 dealers throughout the United States, Canada
and select international locations. Interstate is the top-selling replacement
automotive brand battery in North America, selling more than 15 million units
annually. Interstate All Battery Centers currently has more than 95 stores in
33 states, Canada and Puerto Rico. Customers can visit
http://www.franchising.interstateallbattery.com to find the nearest All
Battery Center.
Media Contacts:
Rebecca Bowers or Lauren Jones-McClain
(214) 379-7000
rebecca@spmcommunications.com
lauren@spmcommunications.com
SOURCE Interstate All Battery Centers
Rebecca Bowers, rebecca@spmcommunications.com, or Lauren Jones-McClain,
lauren@spmcommunications.com, both for Interstate All Battery Centers,
+1-214-379-7000
