What was the total amount of 'Cost of merchandise sold' for Batteries Plus Bulbs in 2023?

According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the cost of merchandise sold in 2023 was $160,260. This figure represents the direct costs attributable to the production and sale of merchandise during that year. It is a key component in calculating the gross profit, which is the revenue from merchandise sales less the cost of merchandise sold. For Batteries Plus Bulbs, this provides insight into the profitability of their core business activities.

Understanding the cost of merchandise sold is crucial for prospective franchisees as it directly impacts their potential profit margins. By comparing the merchandise sales ($268,600 in 2023) to the cost of merchandise sold ($160,260), one can determine the gross profit ($108,340). This gross profit then needs to cover all other operating expenses, such as franchise fees, royalty fees, marketing fund contributions, and other fees, to arrive at the net income.

Franchisees should pay close attention to these figures as they evaluate the financial viability of a Batteries Plus Bulbs franchise. Analyzing trends in merchandise sales and the associated costs over multiple years (2022 and 2023 are provided) can offer a more comprehensive understanding of the business's financial performance and potential for growth. It's also important to compare these figures to industry benchmarks to assess Batteries Plus Bulbs's efficiency in managing its cost of goods sold.