What was the total amount of other assets for Batteries Plus Bulbs in 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Goodwill, net | 25,051 | 23,628 | |
|---|---|---|---|
| Other intangible assets, net | 225,292 | 240,212 | |
| Operating lease right-of-use assets, net | 52,047 | 49,306 | |
| Notes receivable | 184 | 213 | |
| Total other assets | 302,574 | 313,359 | |
| Total assets | $ 429,937 | $ 429,134 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the company's total other assets in 2023 amounted to $302,574. This figure is a component of the overall assets, which totaled $429,937 in 2023.
Other assets include goodwill, net other intangible assets, net operating lease right-of-use assets, net and notes receivable. The most significant portion of other assets is attributed to other intangible assets, net, which accounted for $225,292 in 2023. Goodwill, net was valued at $25,051, operating lease right-of-use assets, net totaled $52,047, and notes receivable were $184.
Prospective franchisees should consider the composition and valuation of these other assets, as they reflect the brand's intangible value and long-term commitments. Understanding these assets can provide insights into the financial health and strategic direction of Batteries Plus Bulbs.