What was the total amount of operating expenses 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' 2025 Franchise Disclosure Document, the provided table includes a breakdown of operating expenses, but it does not provide a single, total figure for operating expenses in 2023. Instead, it lists several categories of operating expenses. These include selling and delivery expenses of $11,435, occupancy expenses of $10,130, general and administrative expenses of $86,987, advertising expenses of $2,702, marketing fund expenses of $18,625, depreciation expenses of $5,328 and amortization expenses of $14,920.
To calculate the total operating expenses for Batteries Plus Bulbs in 2023, a prospective franchisee would need to add up all of these individual expense categories. This calculation would provide a more comprehensive understanding of the costs involved in running the business.
It's important to note that these figures represent expenses for the overall Batteries Plus Bulbs system, not necessarily the expenses a franchisee would incur at a single location. A prospective franchisee should ask Batteries Plus Bulbs for an itemized list of all operating expenses and how they are calculated to estimate these costs accurately for their specific franchise.