What was the total amount spent on occupancy for Batteries Plus Bulbs in 2023?

According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the total amount spent on occupancy in 2023 was $10,130. This figure represents the expenses related to the physical space where Batteries Plus Bulbs conducts its business operations. Occupancy costs typically include rent, utilities, property taxes, and other expenses associated with maintaining the store location.

For a prospective Batteries Plus Bulbs franchisee, understanding the occupancy expenses is crucial for financial planning. These costs are a significant component of the overall operating expenses and can impact the profitability of the franchise. Franchisees should carefully evaluate potential locations, considering factors such as lease terms, utility costs, and property taxes, to manage occupancy expenses effectively.

It's important to note that the occupancy costs can vary significantly depending on the location of the Batteries Plus Bulbs store. Factors such as the size of the store, the local real estate market, and the availability of utilities can all influence these expenses. Therefore, prospective franchisees should conduct thorough research and due diligence to estimate occupancy costs accurately for their specific location. Comparing this figure against industry benchmarks and similar retail businesses can provide further insights into the reasonableness of these expenses.