What was the total revenue for the Aplus 'All Other Segment' in 2023?
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 revenue for the 'All Other Segment' in 2023 was $873. This segment includes the Partnership's credit card services, franchise royalties, and retail operations in Hawaii and New Jersey. This revenue is separate from the Fuel Distribution and Marketing segment, which primarily deals with motor fuel sales and distribution.
The 'All Other Segment' revenue is further broken down into motor fuel sales of $617, non-motor fuel sales of $244, and lease income of $12. These figures provide a detailed view of the different revenue streams within this segment. Understanding the composition of revenue in the 'All Other Segment' can help potential franchisees assess the performance and potential of these specific business activities.
For a prospective franchisee, this information is useful in understanding the different facets of Aplus's business and how each segment contributes to the overall revenue. It is important to note that the 'All Other Segment' represents a smaller portion of the total revenue compared to the Fuel Distribution and Marketing segment, which had a total revenue of $22,642 in 2023. This detailed breakdown allows for a more informed decision-making process when considering an Aplus franchise.