What does 'Device Repair Net Revenue' refer to for a Batteries Plus Bulbs franchise?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
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- "Device Repair Net Revenue" is the Store's Net Revenue attributable to the repair and replacement of screens and batteries in items such as smart phones, tablets and other electric devices.
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- "Key Fob Net Revenue" is the Store's Net Revenue attributable to key fob repair and replacement services.
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- "Auto Net Revenue" is the Store's Net Revenue attributable to sale of auto batteries and bulbs.
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- "Commercial Net Revenue" is all of the Store's Net Revenue attributable to commercial accounts (which may include a portion of Device Repair Net Revenue, Key Fob Net Revenue and Auto Net Revenue that is attributable to a commerical account).
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- "Retail Net Revenue" is the Store's Net Revenue attributable to retail sales from a physical Store, excluding any Commercial Net Revenue (which may include a portion of Device Repair Net Revenue, Key Fob Net Revenue and Auto Net Revenue that is not attributable to a commerical account).
Source: Item 19 — Financial Performance Representations (FDD pages 53–70)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, "Device Repair Net Revenue" is defined as the store's net revenue that comes from repairing and replacing screens and batteries in devices like smartphones, tablets, and other electronic devices. This is a specific revenue stream that Batteries Plus Bulbs tracks.
For a prospective franchisee, understanding this definition is crucial because Batteries Plus Bulbs may use this metric in their financial performance representations. Knowing what constitutes Device Repair Net Revenue allows franchisees to accurately assess their store's performance in this area and compare it against any benchmarks provided by the franchisor. It also helps in identifying opportunities to improve device repair services and increase revenue from this segment.
It's important to note that while Commercial Net Revenue may include a portion of Device Repair Net Revenue, Retail Net Revenue excludes Commercial Net Revenue. This distinction is important for franchisees to understand when categorizing their revenue streams and assessing the performance of different aspects of their business. Batteries Plus Bulbs also provides written substantiation for all information illustrated in Item 19 upon reasonable demand.