| BNI | Batteries Plus | |
| Disclosure honesty | A | C |
| Investment from | $53,410 | $284,786 |
| Total fees | 20% | 6% |
| Outlets | 191 | 734 |
| Lawsuits | 5 | 2 |
Gross revenue and membership counts for 90 company-owned and 94 franchised outlets in 2025. Average franchised outlet revenue: $399,084; median: $293,449. No cherry-picking apparent; comprehensive percentile analysis provided.
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 →