What were the total Aplus non-motor fuel sales for the All Other segment in 2022?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
Disaggregation of Revenue
We operate our business in two primary segments, Fuel Distribution and Marketing and All Other. We disaggregate revenue within the segments by channels.
The following table depicts the disaggregation of revenue by channel within each segment:
| Year Ended December 31, | ||||
|---|---|---|---|---|
| 2023 | 2022 | 2021 | ||
| Fuel Distribution and Marketing Segment | ||||
| Distributor | $ 9,621 | $ 10,938 | $ | 8,388 |
| Dealer | 4,013 | 4,735 | 3,599 | |
| Unbranded wholesale | 6,865 | 7,098 | 3,144 | |
| Commission agent | 1,409 | 1,737 | 1,438 | |
| Non-motor fuel sales | 148 | 140 | 82 | |
| Lease income | 139 |
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the total non-motor fuel sales for the All Other segment in 2022 were $230. This figure represents the revenue generated from non-fuel items sold at Aplus locations within the All Other segment, which includes credit card services, franchise royalties, and retail operations in Hawaii and New Jersey.
For a prospective Aplus franchisee, understanding the breakdown of revenue between motor fuel and non-motor fuel sales is crucial. Non-motor fuel sales can be a significant source of income, especially considering the changing consumer preferences and the potential for increased profit margins compared to fuel sales. The $230 figure specifically relates to the All Other segment, providing insight into the performance of retail operations and other services offered by Aplus in specific markets.
It's important to note that the financial performance can vary significantly between different segments and locations. Factors such as geographic location, local market conditions, and the specific mix of products and services offered can all influence sales figures. Therefore, while the $230 figure provides a general benchmark, prospective franchisees should conduct thorough due diligence to assess the potential for non-motor fuel sales at their specific location.
Overall, the non-motor fuel sales within the All Other segment contribute to the overall revenue stream for Aplus. Franchisees should consider these figures in conjunction with other financial data, such as motor fuel sales and operating expenses, to develop a comprehensive understanding of the potential profitability of an Aplus franchise.