What was the amount of distributions to the member for Batteries Plus Bulbs in 2023 (in thousands)?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
Distributions are made in amounts as determined by the Company's management, which are generally used for Holdings' debt-service payments, income taxes and Holdings' administrative expenses.
Source: Item 21 — Financial Statements (FDD pages 79–80)
What This Means (2025 FDD)
According to the 2025 FDD, Batteries Plus Bulbs makes distributions to its member, Holdings, in amounts determined by the company's management. These distributions are generally used for Holdings' debt-service payments, income taxes, and administrative expenses. The FDD does not specify the exact amount of distributions made in 2023.
As the FDD does not provide a specific figure for distributions to the member in 2023, prospective franchisees should directly ask Batteries Plus Bulbs for this information. Understanding the financial distributions can provide insight into the company's financial management and obligations.
It is important for potential franchisees to have a clear understanding of the financial health and obligations of Batteries Plus Bulbs. Requesting specific details about past distributions and the criteria used to determine these amounts will aid in making an informed investment decision.