What were the general and administrative expenses for Batteries Plus Bulbs in 2024?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Selling and delivery | 12,494 | 11,435 | |
|---|---|---|---|
| Occupancy | 11,047 | 10,130 | |
| General and administrative | 90,186 | 86,987 | |
| Advertising | 2,078 | 2,702 | |
| Marketing fund | 23,912 | 18,625 | |
| Depreciation | |||
| 5,865 | 5,328 | ||
| Amortization | 14,920 160,502 | 14,920 150,127 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the general and administrative expenses for the company in 2024 were $90,186. This figure represents the costs associated with managing the business's day-to-day operations, such as salaries, office supplies, and other overhead expenses.
For a prospective franchisee, understanding the general and administrative expenses of Batteries Plus Bulbs is crucial because it provides insight into the operational efficiency and cost management of the franchisor. Higher general and administrative expenses might indicate inefficiencies or higher overhead, which could affect the franchisor's ability to support franchisees or maintain competitive pricing. Conversely, lower expenses could suggest effective management and resource allocation.
It is important to note that these expenses are specific to the franchisor's operations and may not directly translate to the operating costs of an individual franchise unit. However, they can influence the fees and support services provided to franchisees. Therefore, a prospective franchisee should consider these figures as part of their overall assessment of the franchise opportunity, comparing them to industry benchmarks and other franchise systems to gauge the financial health and management effectiveness of Batteries Plus Bulbs.