What was the net value of Batteries Plus Bulbs' goodwill in 2023?

According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the net value of goodwill for the company in 2023 was $25,051. This figure represents the intangible asset value associated with Batteries Plus Bulbs' brand reputation, customer relationships, and other factors that contribute to its overall business value beyond its tangible assets. Goodwill is often acquired through acquisitions, reflecting the premium paid over the fair market value of the acquired company's net assets.

For a prospective franchisee, understanding the goodwill value can provide insights into the perceived strength and stability of the Batteries Plus Bulbs brand. A higher goodwill value may suggest a well-established brand with strong customer loyalty, which could translate into a more predictable revenue stream for franchisees. However, it's important to note that goodwill is subject to impairment, meaning its value can decrease if the brand's performance or reputation declines.

It is important for potential franchisees to consider the goodwill amount in relation to other assets and liabilities of Batteries Plus Bulbs. While a substantial goodwill value can be a positive indicator, franchisees should also assess the company's overall financial health and performance to make an informed investment decision. They should also inquire about the factors contributing to the goodwill value and the company's strategies for maintaining and enhancing its brand reputation.