What was the 'Interest income' for Batteries Plus Bulbs in 2024?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Interest expense | (75) | (50) | |
|---|---|---|---|
| Taxes | (3) | (2) | |
| Interest income | 1 | 3 | |
| Other expense, net | (77) | (49) |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the interest income for the company in 2024 was $1, while in 2023 it was $3. This figure represents income earned from interest-bearing accounts or investments held by Batteries Plus Bulbs.
For a prospective franchisee, interest income is a very small part of the overall revenue picture. The more relevant figures are merchandise sales, franchise fees, and royalties. The interest income is more indicative of how Batteries Plus Bulbs manages its cash reserves and investments at the corporate level, rather than reflecting the performance of individual franchise locations.
While a seemingly insignificant amount, this information provides insight into the financial management practices of Batteries Plus Bulbs. Franchisees may want to inquire about the company's investment strategies and how they contribute to the overall financial stability of the brand.