What was the total amount of 'Depreciation' expenses for Batteries Plus Bulbs in 2024?

According to the 2025 Batteries Plus Bulbs FDD, the total depreciation expense for the company in 2024 was $5,865. This figure reflects the reduction in value of the company's assets due to wear and tear, obsolescence, or other factors. Depreciation is a non-cash expense, meaning it does not involve an actual outflow of cash, but it is an important accounting measure that reflects the decline in the value of assets over time.

For a prospective Batteries Plus Bulbs franchisee, understanding depreciation is crucial for assessing the profitability and financial health of the franchise. While depreciation itself doesn't represent a cash outlay, it impacts the net income reported on the income statement. Lower net income can affect various financial metrics and potentially influence the franchisee's ability to secure financing or attract investors.

Franchisees should also be aware of how depreciation is calculated and applied to different types of assets within the Batteries Plus Bulbs business model. This includes understanding the useful lives of assets such as furniture, fixtures, equipment, and leasehold improvements, as these factors directly impact the annual depreciation expense. Reviewing the company's accounting policies and consulting with a financial advisor can provide further clarity on the implications of depreciation for the franchisee's financial performance.