What was the total amount of 'Interest expense' 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' 2025 Franchise Disclosure Document, the company's interest expense for 2023 was $(50). This figure represents the expense incurred by Batteries Plus Bulbs for interest on its debts and other borrowings during that year.
For a prospective franchisee, understanding the franchisor's interest expense can provide insights into the company's financial leverage and debt management practices. A lower interest expense, as seen here, might indicate a more conservative approach to borrowing or favorable financing terms.
However, it's important to note that this figure reflects the interest expense for Batteries Plus Bulbs as a whole and not necessarily the financial performance of individual franchise locations. Franchisees should focus on their own financial projections and consult with financial advisors to assess the potential impact of interest expenses on their specific business operations.