How many Batteries Plus Bulbs franchised stores are included in the bottom quartile?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
0 | $478,113 | 18(53%) | | Quartile | | | | | | | | All | 133 | $1,046,379 | $946,923 | $3,446,350 | $478,113 | 49(37%) | | Corporate | | | | | | | | Stores | | | | | | | | | Number of Franchise Stores | Average Net Revenue | Median Net Revenue | Highest Net Revenue | Lowest Net Revenue | Number and Percentage of Stores Above Average Net Revenue | |---|---|---|---|---|---|---| | Top | 130 | $1,571,226 | $1,364,732 | $8,621,830 | $1,096,770 | 38(29%) | | Quartile | | | | | | | | Second | 130 | $929,213 | $925,173 | $1,095,728 | $795,088 | 60(46%) | | Quartile | | | | | | | | Third | 130 | $668,519 | $662,264 | $793,468 | $557,972 | 62(48%) | | Quartile | | | | | | | | Bottom | 130 | $449,691 | $455,688 | $557,919 | $148,040 | 70(54%) | | Quartile | | | | | | | |---|---|---|---|---|---|---| | All |
Source: Item 19 — Financial Performance Representations (FDD pages 53–70)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, there are 130 franchised stores in the bottom quartile based on net revenue. This data is derived from Table A-2, which specifically addresses franchised same stores that were in operation for at least 12 full months as of December 31, 2024. The table categorizes these stores into quartiles to provide insights into their financial performance.
For a prospective franchisee, this information highlights the range of potential outcomes. While some Batteries Plus Bulbs stores achieve high net revenues, a significant number fall into the bottom quartile. Understanding the factors that contribute to lower performance, such as location, market conditions, or management practices, is crucial for mitigating risks and maximizing potential profitability.
It's important to note that the financial performance representation includes data from "Same Stores," which excludes certain stores that were temporarily closed, didn't maintain minimum operating hours, or had other specific circumstances during the 2024 fiscal year. Reviewing the complete Item 19 and asking Batteries Plus Bulbs for substantiation of these figures is advisable for a comprehensive understanding.