Interstate All Battery FDD Summary
Type of Business
The franchise relates to the development and operation of an Interstate All Battery Center retail store (“Center”). The Centers specialize in the sale of batteries and offer custom battery pack building, including battery packs for batteries that do not have a standard replacement.
Corporate Information
Interstate Battery Franchising & Development, Inc. is a Delaware corporation with its principal place of business at 301 121st Street, Urbandale, Iowa 50323. They incorporated in Delaware on January 18, 2000.
Investment
The total investment necessary to begin operation of a Center ranges from approximately $177,600 to $338,800. These figures exclude real estate costs, but include $36,600 to $137,600, that must be paid to the franchisor or its affiliates for the following: the initial license fee of $37,500; the first installment of an Existing Account acquisition payment, which installment is estimated to range from $0 to $29,000; the purchase of proprietary software and a hardware package from the franchisor costing approximately $17,600 to $32,000; the costs of implementing a grand opening marketing campaign, estimated to be between $ 10,000 and $ 15,000; an opening assistance-fee ranging from $4,000 to $7,500 and a Center set-up fee of $5,000.