What were the occupancy expenses for Batteries Plus Bulbs in 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Selling and delivery | 11,435 | 13,755 |
|---|---|---|
| Occupancy | 10,130 | 9,616 |
| General and administrative | 86,987 | 85,402 |
| Advertising | 2,702 | 1,093 |
| M |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the occupancy expenses for the company in 2023 were $10,130. This figure represents the costs associated with renting or leasing the physical locations from which Batteries Plus Bulbs operates.
Occupancy costs are a significant factor for franchisees to consider, as they directly impact the profitability of the business. These expenses typically include rent, utilities, property taxes, and insurance related to the store location. Understanding the occupancy expenses is crucial for a prospective franchisee to accurately forecast their operating costs and potential earnings.
It's important to note that this figure reflects the occupancy expenses for Batteries Plus Bulbs as a whole and may not directly represent the expenses a franchisee would incur. A franchisee's occupancy expenses will depend on factors such as location, lease terms, and store size. Therefore, prospective franchisees should carefully evaluate potential locations and negotiate lease terms to manage these costs effectively.