What were the merchandise sales for a Batteries Plus Bulbs location reacquired by the franchisor in 2022?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 2022 | ||
|---|---|---|---|
| Merchandise sales | $ 268,600 | $ 283,671 | |
| Cost of merchandise sold | 160,260 | 171,838 | |
| Gross profit | 108,340 | 111,833 | |
| Other operating income | |||
| Franchise fees | 1,895 | 1,718 | |
| Royalty fees | 23,305 | 23,060 | |
| Supplier commissions | 8,201 | 6,885 | |
| Marketing fund | 19,776 | 19,854 | |
| Other fees | 8,962 | 8,341 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the merchandise sales for a location reacquired by the franchisor in 2022 were $283,671. This figure represents the total revenue generated from the sale of merchandise at a reacquired Batteries Plus Bulbs store during that year.
In addition to merchandise sales, the FDD provides other financial data related to the reacquired store's performance in 2022. The cost of merchandise sold was $171,838, resulting in a gross profit of $111,833. The document also lists franchise fees of $1,718, royalty fees of $23,060, supplier commissions of $6,885, marketing fund contributions of $19,854, and other fees totaling $8,341.
Prospective Batteries Plus Bulbs franchisees can use this information to understand the potential revenue and expenses associated with a store that was previously franchised but is now under corporate management. It's important to note that the performance of a reacquired store may not be representative of all franchised locations, as various factors can influence sales and profitability. These factors include location, management, local market conditions, and the level of competition.
Franchisees should consider these figures as a snapshot of one particular store's performance and conduct further due diligence to assess the potential financial performance of their own Batteries Plus Bulbs franchise. This due diligence should include reviewing the financial performance representations (if any) provided by Batteries Plus Bulbs, consulting with existing franchisees, and conducting independent market research.