What was the total amount of merchandise sales for Batteries Plus Bulbs in 2024?
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 | |
| Merchandise sales | $ 288,296 | $ 268,600 | |
| Cost of merchandise sold | 173,661 | 160,260 | |
| Gross profit | 114,635 | 108,340 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the total merchandise sales for the company in 2024 was $288,296. This figure represents the gross revenue generated from the sale of merchandise at Batteries Plus Bulbs locations during that year.
For a prospective franchisee, this number provides insight into the potential sales volume that a Batteries Plus Bulbs store can achieve. It's important to note that this is a system-wide figure and individual store performance may vary based on location, market conditions, and management effectiveness. Analyzing this figure in conjunction with other financial data, such as the cost of merchandise sold ($173,661 in 2024), can help a franchisee understand the potential profitability of a Batteries Plus Bulbs franchise.
It is also useful to compare the 2024 merchandise sales figure to previous years. In 2023, the merchandise sales were $268,600. The increase in merchandise sales from 2023 to 2024 indicates a positive trend for Batteries Plus Bulbs. A prospective franchisee should investigate the factors contributing to this growth to assess whether it is sustainable and applicable to their specific market.