What was the reported value of software for Batteries Plus Bulbs in 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| -------------------------------------- | ------------------------------------------------------- | ------------------------------------------- |
|---|---|---|
| 1,034 | ||
| Total current assets | 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 | 220 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the reported value of software in 2023 was $23,913. This figure is part of the company's assets, specifically listed under property and equipment.
For a prospective franchisee, this indicates the value Batteries Plus Bulbs places on its software assets. This software is likely essential for business operations, potentially covering aspects like inventory management, sales tracking, or customer relationship management. Understanding the role and capabilities of this software will be crucial for a new franchisee.
The FDD also shows the software value in 2024 was $26,733. The software value decreased from $23,913 in 2023 to $19,918 in 2022. Reviewing these figures over several years can provide insights into the company's investment in technology and how these assets are valued over time. A potential franchisee should inquire about the specifics of the software, its functionality, and any associated costs for updates or maintenance.