What was the reported value of vehicles 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 vehicles in 2023 was $1,740. This figure is part of the company's assets, specifically under 'Property and equipment.'
For a prospective franchisee, this indicates the value that Batteries Plus Bulbs places on its vehicles as part of its overall asset portfolio. It is important to note that this value reflects the company's vehicles and not necessarily the vehicles a franchisee might need to operate their own store. A franchisee would likely need their own vehicle for deliveries or mobile services, which would be a separate investment.
Understanding the asset values of Batteries Plus Bulbs can help a franchisee assess the financial health and stability of the company. While the vehicle value itself is a small portion of the total assets, it contributes to the overall picture of how the company manages its resources and investments.