What is included in 'Key Fob Net Revenue' for a Batteries Plus Bulbs franchise?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
- "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.
-
- "Key Fob Net Revenue" is the Store's Net Revenue attributable to key fob repair and replacement services.
-
Source: Item 19 — Financial Performance Representations (FDD pages 53–70)
What This Means (2025 FDD)
According to the 2025 Batteries Plus Bulbs FDD, 'Key Fob Net Revenue' is defined as the store's net revenue specifically generated from key fob repair and replacement services. This means that any income a Batteries Plus Bulbs franchise earns by fixing or replacing key fobs for customers is classified under this revenue stream.
Understanding this definition is important for prospective franchisees because it allows them to assess the potential contribution of key fob services to their overall revenue. By tracking this revenue separately, franchisees can identify trends, evaluate the effectiveness of their key fob service offerings, and make informed decisions about resource allocation and marketing strategies.
It's also important to note that 'Commercial Net Revenue' may include a portion of 'Key Fob Net Revenue' if the revenue is attributable to a commercial account. This distinction is relevant for financial analysis and business planning, as commercial accounts may have different pricing structures, service requirements, and customer relationship management strategies compared to retail customers.