What was the cost of merchandise sold by Batteries Plus Bulbs in 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 2022 | ||
|---|---|---|---|
| Merchandise sales | $ 268,600 | $ 283,671 | |
| Cost of merchandise sold | 160,260 | 171,838 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the cost of merchandise sold in 2023 was $160,260. This figure represents the direct expenses Batteries Plus Bulbs incurred to acquire the goods it sold during that year.
For a prospective franchisee, understanding the cost of merchandise sold is crucial because it directly impacts the gross profit. The gross profit is the difference between merchandise sales and the cost of merchandise sold. In 2023, Batteries Plus Bulbs had merchandise sales of $288,296 and a cost of merchandise sold of $173,661, resulting in a gross profit of $114,635.
Analyzing these figures helps potential franchisees assess the efficiency of Batteries Plus Bulbs' supply chain management and pricing strategies. A lower cost of merchandise sold relative to sales indicates better profitability. It's important to note that these figures are specific to the reported period and may vary based on market conditions, purchasing power, and operational efficiencies.