What was the reported value of leasehold improvements for Batteries Plus Bulbs in the earlier year?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Furniture, fixtures and equipment | 14,383 | 12,240 | |
|---|---|---|---|
| Vehicles | 1,740 | 1,654 | |
| Leasehold improvements | 4,739 | 4,012 | |
| Software | 23,913 | 19,918 | |
| Finance lease right-of-use assets | 220 44,995 | 786 38,610 | |
| Accumulated depreciation | (24,213) | (18,887) | |
| Construction in process | 346 | 729 | |
| Total property and equipment | 21,128 | 20,452 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the value of leasehold improvements is detailed in the balance sheets. Leasehold improvements represent the costs associated with alterations or improvements made to leased properties. These improvements are typically amortized over the lease term or the useful life of the improvement, whichever is shorter. For a Batteries Plus Bulbs franchisee, understanding the value of leasehold improvements is crucial because it reflects the investment in the physical store location and impacts the franchisee's asset base and depreciation expenses.
In 2023, the reported value for leasehold improvements was $4,012. This figure represents the net book value of these improvements after accounting for accumulated amortization. The value of leasehold improvements can vary based on factors such as the size and condition of the leased space, the extent of renovations required to meet Batteries Plus Bulbs brand standards, and the amortization schedule applied.
In comparison, the value of leasehold improvements in 2024 was $4,739. Monitoring these values over time helps in assessing the financial health and capital expenditure trends of Batteries Plus Bulbs. Prospective franchisees should consider these figures in conjunction with other financial metrics to evaluate the overall investment and operational costs associated with establishing and maintaining a Batteries Plus Bulbs franchise.