What was the interest expense 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 interest expense for the company in 2023 was $(50). This figure represents a reduction in expenses, as it is shown as a negative value.
For a prospective franchisee, understanding the interest expenses of the franchisor can provide insight into the financial management and debt obligations of the company. Lower interest expenses could indicate better financial health or more favorable financing terms.
It's important to note that this figure reflects the interest expenses of Batteries Plus Bulbs itself and not the potential interest expenses a franchisee might incur when financing their own franchise location. Franchisees should consult with financial advisors to understand their potential interest expenses based on their individual circumstances.