What was the total amount of other fees for Batteries Plus Bulbs in 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 2022 | ||
|---|---|---|---|
| Merchandise sales | $ 268,600 | $ 283,671 | |
| Cost of merchandise sold | 160,260 | 171,838 | |
| Gross profit | 108,340 | 111,833 | |
| Other operating income | |||
| Franchise fees | 1,895 | 1,718 | |
| Royalty fees | 23,305 | 23,060 | |
| Supplier commissions | 8,201 | 6,885 | |
| Marketing fund | 19,776 | 19,854 | |
| Other fees | 8,962 | 8,341 |
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 amount of other fees for the company in 2023 was $8,962. This figure reflects additional income sources beyond the standard franchise fees, royalties, supplier commissions, and marketing fund contributions. For a prospective franchisee, understanding the composition of these 'other fees' is crucial.
These fees could encompass a variety of charges or revenues, such as service fees, rebates, or other miscellaneous income streams that Batteries Plus Bulbs collects. It is important to note that these 'other fees' contribute to the overall revenue of Batteries Plus Bulbs, potentially impacting the financial performance and profitability of the franchise system.
A prospective franchisee should inquire with Batteries Plus Bulbs about the specific types of fees included in this category to fully understand the revenue streams and potential costs associated with operating a franchise. Understanding the nature and stability of these other fees can provide a more comprehensive view of the financial dynamics within the Batteries Plus Bulbs franchise system.