What was the other expense, net, for Batteries Plus Bulbs in 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Operating income | 20,352 | 23,243 | |
|---|---|---|---|
| Other expense | |||
| Interest expense | ( 50) | ( 80) | |
| Taxes | ( 2) | 64 | |
| Interest income | 3 | 3 | |
| Other expense, net | ( 49) | ( 13) | |
| NET INCOME | $ 20,303 | $ 23,230 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the other expense, net, for the company in 2023 was $(49). This figure is derived after accounting for interest expense, taxes, and interest income.
Specifically, the interest expense was $(50), taxes were $(2), and interest income was $3. The net effect of these items resulted in the $(49) other expense, net.
For a prospective franchisee, understanding these figures provides insight into the financial performance of Batteries Plus Bulbs. While the amounts are relatively small, they contribute to the overall net income of the company, which was $20,303 in 2023. Monitoring these expenses can help franchisees assess the financial health and stability of the franchisor.