Where will the standards for 'unsalable inventory' be defined for Batteries Plus Bulbs?

According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the standards for what constitutes 'unsalable inventory' will be defined periodically by the franchisor. These standards will be provided to the franchisee either in the Operations Manual or in writing.

For a Batteries Plus Bulbs franchisee, this means that the criteria for determining what inventory is considered unsalable are subject to change at the franchisor's discretion. The franchisee needs to stay updated with any modifications to these standards to properly manage their inventory and financial accounting. This is particularly important if the franchise agreement expires or is terminated, as the franchisor has the option to purchase the store's assets, excluding unsalable inventory.

Batteries Plus Bulbs deems batteries salable only for starting, lighting and ignition batteries and sealed lead acid batteries in salable condition with a manufacturers code not exceeding nine (9) months from date of manufacturer's shipment. The franchisee should pay close attention to these guidelines to minimize losses from inventory that cannot be sold. It would be prudent for a prospective franchisee to inquire about the typical frequency and nature of changes to these standards during their due diligence.