What was the 'Other operating income' for Batteries Plus Bulbs in 2024?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Current assets | |||
|---|---|---|---|
| Cash and cash equivalents | $ 10,716 | $ 26,197 | |
| Accounts receivable, net | 29,858 | 25,763 | |
| Merchandise inventories, net | 56,393 | 48,576 | |
| Prepaid expenses | 4,426 | 4,665 | |
| Due from marketing fund | 668 | 1,034 | |
| Total current assets | 102,061 | 106,235 | |
| Property and equipment | |||
| Furniture, fixtures and equipment | 15,913 | 14,383 | |
| Vehicles | 1,841 | 1,740 | |
| Leasehold improvements | 5,118 | 4,739 | |
| Software | 26,733 | 23,913 | |
| Finance lease right-of-use assets | 502 50,107 | 220 44,995 | |
| Accumulated depreciation | (29,978) | (24,213) | |
| Construction in process | 1,196 | 346 | |
| Total property and equipment | 21,325 | 21,128 | |
| Other assets | |||
| Goodwill, net | 35,709 | 25,051 | |
| Other intangible assets, net | 210,372 | 225,292 | |
| Operating lease right-of-use assets, net | 57,761 | 52,047 | |
| Notes receivable | 154 | 184 | |
| Total other assets | 303,996 | 302,574 | |
| LIABILITIES AND MEMBER’S EQUITY | |||
| Current liabilities | |||
| Accounts payable | $ 40,401 | $ 33,297 | |
| Accrued salaries and benefits | 4,928 | 3,618 | |
| Current portion of note payable - store repurchase | 4,050 | - | |
| Accrued warranty | 3,123 | 3,032 | |
| Other accrued expenses | 2,848 | 3,379 | |
| Due to franchisees | 395 | 380 | |
| Current portion of operating lease liabilities | 6,359 | 5,582 | |
| Current portion of finance lease liability | 99 | 44 | |
| Current portion of contract liability | 512 | 1,073 | |
| Total current liabilities | 62,715 | 50,405 | |
| Non-current liabilities | |||
| Finance lease liability, less current portion | 275 | 131 | |
| Contract termination | 188 | 172 | |
| Note payable - store repurchase | 400 | - | |
| Contract liability, less current portion | 8,223 | 7,319 | |
| Operating lease liabilities, less current portion | 53,596 | 48,345 | |
| Total non-current liabilities | 62,682 | 55,967 | |
| Member’s equity | 301,985 | 323,565 | |
| Total liabilities and member’s equity 2024 | $ 4 27,382 2023 | $ 4 29,937 | |
| Merchandise sales | $ 288,296 | $ 268,600 | |
| Cost of merchandise sold | 173,661 | 160,260 | |
| Gross profit | 114,635 | 108,340 | |
| Other operating income | |||
| Franchise fees | 1,647 | 1,895 | |
| Royalty fees | 23,377 | 23,305 | |
| Supplier commissions | 7,940 | 8,201 | |
| Marketing fund | 25,069 | 19,776 | |
| Other fees | 9,256 | 8,962 | |
| 67,289 | 62,139 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the components of 'Other operating income' for the year 2024 include several revenue streams. These are franchise fees, royalty fees, supplier commissions, marketing fund contributions, and other fees. The sum of these income sources represents the total 'Other operating income' for Batteries Plus Bulbs during that year.
Specifically, in 2024, Batteries Plus Bulbs reported franchise fees of $1,647, royalty fees of $23,377, supplier commissions of $7,940, marketing fund contributions of $25,069, and other fees amounting to $9,256. These individual figures provide a detailed breakdown of how Batteries Plus Bulbs generates income beyond direct merchandise sales.
Adding these figures together, the total 'Other operating income' for Batteries Plus Bulbs in 2024 was $67,289. This indicates the significance of these supplemental revenue streams to the overall financial performance of Batteries Plus Bulbs. A prospective franchisee should consider these figures to understand the different ways Batteries Plus Bulbs generates revenue and how these income streams might affect their own franchise's profitability.