What was the reported value of vehicles for Batteries Plus Bulbs in the later year?
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 2024 was $1,841. This figure represents the net book value of all vehicles owned by Batteries Plus Bulbs as of December 31, 2024.
For a prospective franchisee, this indicates the level of investment Batteries Plus Bulbs has in its vehicle fleet. It is important to note that this value is after accumulated depreciation, meaning it reflects the current estimated value of the vehicles, not their original purchase price.
Franchisees should consider this information in the context of Batteries Plus Bulbs's overall financial health and how the company manages its assets. While this specific figure may not directly impact a franchisee's operations, it provides insight into the company's capital expenditure and asset management strategies.