What was the amount of motor fuel sales for Aplus in 2021?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
- | | Equity in earnings of unconsolidated affiliates | | | | | | | (4) | | Adjusted EBITDA related to unconsolidated affiliates | | | | | | | 10 | Other non-cash adjustments 20 Adjusted EBITDA $ 807 $ 112 $ 919 Capital expenditures $ 143 $ 43 $ 186 Total assets, end of period $ 5,727 $ 1,103 $ 6,830
Year Ended December 31, 2021
| Year Ended December 31, 2021 | |||||||
|---|---|---|---|---|---|---|---|
| Fuel Distribution and Marketing | All Othe |
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the total motor fuel sales for the year ended December 31, 2021, amounted to $17,152. This figure is the sum of motor fuel sales from two segments: Fuel Distribution and Marketing, which accounted for $16,569, and All Other, which contributed $583. These values are presented in thousands of dollars.
For a prospective Aplus franchisee, understanding the breakdown of motor fuel sales between these segments can provide insights into the company's operational structure. The Fuel Distribution and Marketing segment primarily involves supplying motor fuel to independently-operated dealer stations, distributors, and Partnership-operated stations, while the All Other segment includes retail operations. The intersegment eliminations, which amount to ($412), represent sales between these segments that are eliminated to avoid double-counting in the consolidated financial statements.
Analyzing these figures helps potential franchisees assess the relative importance of different business activities within Aplus. The significant contribution from the Fuel Distribution and Marketing segment suggests that Aplus's core business relies heavily on wholesale and supply agreements. The All Other segment, while smaller in revenue, indicates the presence of retail operations that could offer additional revenue streams for franchisees. Understanding these dynamics is crucial for making informed investment decisions and evaluating the potential for growth and profitability as an Aplus franchisee.
It's important to note that these figures represent the Partnership's overall performance and may not directly reflect the performance of individual franchise locations. However, they provide a valuable overview of Aplus's business model and revenue sources, which can inform a franchisee's expectations and business strategies.