What was the net income for Batteries Plus Bulbs in the second period presented in the table?
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 the 2025 FDD, Batteries Plus Bulbs' net income for the second period presented in the table was $23,230. This figure represents the company's profit after all expenses, including the cost of merchandise, operating expenses, interest, and taxes, have been deducted from its total revenue.
For a prospective franchisee, understanding the net income is crucial as it provides insight into the financial health and profitability of Batteries Plus Bulbs. It demonstrates the company's ability to generate profit from its operations, which can be an indicator of the potential success and sustainability of a franchise.
It's important to note that this net income reflects the performance of Batteries Plus Bulbs as a whole and not necessarily the performance of individual franchise locations. A franchisee's net income will depend on various factors, including location, operating costs, and sales volume. Therefore, while this figure provides a general overview, prospective franchisees should conduct their own due diligence and financial analysis to assess the potential profitability of their specific franchise.