What was the median net revenue for Batteries Plus Bulbs stores in December 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | July | Aug | Sept | Oct | Nov | Dec |
|---|---|---|---|---|---|---|
| Average Net Revenue | $86,573 | $82,613 | $82,183 | $95,469 | $82,050 | $89,556 |
| Median Net Revenue | $78,539 | $77,325 | $75,282 | $86,365 | $74,252 | $77,668 |
| Range of Net Revenue | $31,985 | $35,149 | $30,369 | $36,689 | $32,765 | $37,922 |
| (low) | ||||||
| Range of Net Revenue | $358,958 | $197,794 | $246,428 | $368,521 | $267,985 | $306,181 |
| (high) | ||||||
| # (%) of Stores that | 48 | 49 | 53 | 52 | 50 | 50 |
| met/exceeded average | ||||||
| % of Stores that | 40.0% | 40.8% | 39.8% | 39.1% | 37.6% | 37.6% |
| met/exceed average |
Source: Item 19 — Financial Performance Representations (FDD pages 53–70)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the median net revenue for stores in December 2023 was $77,668. This figure represents the midpoint of net revenues for all Batteries Plus Bulbs stores during that month, meaning that half of the stores generated more revenue than this amount, and half generated less.
For a prospective franchisee, this number provides a snapshot of typical store performance during the month of December, which is likely a significant sales period due to holiday shopping and increased demand for batteries and related products. However, it's important to recognize that this is just one month's data and does not reflect the entire year's performance. The average net revenue for December 2023 was $89,556, which is higher than the median, indicating that some stores performed exceptionally well and skewed the average upward.
A potential franchisee should also consider the range of net revenues, which spanned from $37,922 to $306,181 in December 2023. This wide range highlights the variability in performance among different Batteries Plus Bulbs locations, which can be influenced by factors such as location, competition, management, and local economic conditions. Reviewing the performance of stores with similar characteristics to a potential location can provide a more realistic expectation.
It is important to note that 37.6% of stores met or exceeded the average net revenue in December 2023. This suggests that a significant portion of stores performed below the average, further emphasizing the importance of thorough due diligence and a well-developed business plan for prospective franchisees. Batteries Plus Bulbs also provides written substantiation for all information illustrated in Item 19 upon reasonable demand.