What was the gross profit for Batteries Plus Bulbs in 2024?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| | Gross profit | 114,635 | 108,340 | | Other operating income | | | | | Franchise fees | 1,647 | 1,895 | | Royalty fees | 23,377 | 23,305 | | Supplier commissions | 7,940 | 8,201 | | Marketing fund | 25,069 | 19,776 | | Other fees | 9,256 | 8,962 | | 67,289 | 62,139 | | | Operating expenses | | | | | 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 gross profit for 2024 was $114,635. This figure is derived from merchandise sales of $288,296 less the cost of merchandise sold, which was $173,661.
Gross profit is a key indicator of a company'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 their franchise location. It provides insight into how efficiently the franchise manages its cost of goods sold and sets the stage for covering operating expenses and generating net income.
It's important to note that this gross profit figure does not account for other operating income or expenses such as franchise fees, royalty fees, supplier commissions, marketing fund contributions, or operating expenses like selling and delivery, occupancy, and administrative costs. A franchisee needs to consider all these factors to determine their overall profitability. Furthermore, these figures represent past performance and are not a guarantee of future results, which can vary based on market conditions, location, and management effectiveness.
Prospective franchisees should carefully analyze these figures in conjunction with other financial data provided in the FDD and conduct their own due diligence, including consulting with financial advisors, to develop realistic financial projections for their specific Batteries Plus Bulbs franchise.