| AlphaGraphics | Batteries Plus | |
| Disclosure honesty | B | C |
| Investment from | $53,457 | $284,786 |
| Total fees | 7.5% | 6% |
| Outlets | 229 | 734 |
| Lawsuits | 1 | 2 |
Discloses 2025 gross sales data for 215 centers (median $1.09M). Provides expense percentages by category. Excludes net income calculations; cherry-picks reporting centers, excludes closures/new openings.
Discloses franchise store net revenues, merchandise margins, and company-owned store EBITDA (~$122K avg all stores). No franchisee net income/owner compensation shown; company-store EBITDA used as proxy; cherry-picks commercial-focused stores favorably.
Full net-profit math, financing, red flags. See a sample →