What was the total amount of 'Other expense, net' for Batteries Plus Bulbs in 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Operating income | 20,352 | 23,243 | |
|---|---|---|---|
| Other expense | |||
| Interest expense | ( 50) | ( 80) | |
| Taxes | ( 2) | 64 | |
| Interest income | 3 | 3 | |
| Other expense, net | ( 49) | ( 13) | |
| NET INCOME | $ 20,303 | $ 23,230 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the total 'Other expense, net' for the company in 2023 was a negative $49. This figure is derived from a calculation that includes interest expense, taxes, and interest income.
For a prospective franchisee, 'Other expense, net' represents a combination of financial costs and income not directly related to the core operations of selling batteries and related services. A negative value, as seen here, indicates that the company had more 'other income' than 'other expenses' during that period. This could be from sources like interest income exceeding interest expenses.
It's important to note that this 'Other expense, net' figure is just one component of the overall financial performance of Batteries Plus Bulbs. Franchisees should review the entire financial statement to understand all revenue streams, expenses, and profitability metrics. Understanding these figures helps potential franchisees assess the financial health and stability of the franchisor.