What was the total amount of property and equipment for Batteries Plus Bulbs in 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| -------------------------------------- | ------------------------------------------------------- | ------------------------------------------- |
|---|---|---|
| 1,034 | ||
| Total current assets | 106,235 | |
| Property and equipment | ||
| Furniture, fixtures and equipment | 15,913 | 14,383 |
| Vehicles | 1,841 | 1,740 |
| Leasehold improvements | 5,118 | 4,739 |
| Software | 26,733 | 23,913 |
| Finance lease right-of-use assets | 502 | 220 |
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 property and equipment for the company in 2023 was $21,128. This figure represents the net value of all physical assets owned by Batteries Plus Bulbs, including furniture, fixtures, vehicles, leasehold improvements, and software, after accounting for accumulated depreciation. These assets are essential for the company's operations and reflect its investment in infrastructure and technology.
For a prospective franchisee, understanding the value of property and equipment can provide insights into the capital intensity of the business. While franchisees will be responsible for acquiring their own property and equipment, this figure gives an indication of the scale of investment needed at the corporate level to support the franchise system. It also reflects the company's commitment to maintaining and upgrading its operational assets.
It's important to note that the franchisee's investment in property and equipment will be separate from these figures. Franchisees should carefully consider the costs associated with acquiring and maintaining their own assets, such as store fixtures, equipment, and vehicles, as these can significantly impact their initial investment and ongoing expenses. Reviewing these figures in the FDD can help a franchisee understand the types of assets necessary to operate a Batteries Plus Bulbs franchise and plan their finances accordingly.