What was the gross profit for Batteries Plus Bulbs in 2023?

According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the gross profit for 2023 was $108,340. This is calculated from merchandise sales of $268,600 less the cost of merchandise sold, which was $160,260.

Gross profit is a key indicator of a business's profitability, representing the revenue remaining after deducting the direct costs associated with producing and selling goods. For a prospective Batteries Plus Bulbs franchisee, understanding the gross profit margin is crucial for assessing the potential profitability of the franchise. It provides insight into how efficiently the franchise manages its cost of goods sold in relation to its sales revenue.

It's important to note that this gross profit figure does not include other operating income or deduct operating expenses. Therefore, it represents the initial profit before considering additional revenue streams like franchise fees, royalty fees, supplier commissions, and marketing fund contributions, as well as operating expenses such as selling and delivery, occupancy, and administrative costs. A franchisee should analyze these additional income and expense items to determine the overall net income and profitability of the Batteries Plus Bulbs franchise.