factual

What was the total amount of supplier commissions for Batteries Plus Bulbs in 2024?

Batteries_Plus_Bulbs Franchise · 2025 FDD

Answer from 2025 FDD Document

Current assets
Cash and cash equivalents $ 10,716 $ 26,197
Accounts receivable, net 29,858 25,763
Merchandise inventories, net 56,393 48,576
Prepaid expenses 4,426 4,665
Due from marketing fund 668 1,034
Total current assets 102,061 106,235
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 50,107 220 44,995
Accumulated depreciation (29,978) (24,213)
Construction in process 1,196 346
Total property and equipment 21,325 21,128
Other assets
Goodwill, net 35,709 25,051
Other intangible assets, net 210,372 225,292
Operating lease right-of-use assets, net 57,761 52,047
Notes receivable 154 184
Total other assets 303,996 302,574
LIABILITIES AND MEMBER’S EQUITY
Current liabilities
Accounts payable $ 40,401 $ 33,297
Accrued salaries and benefits 4,928 3,618
Current portion of note payable - store repurchase 4,050 -
Accrued warranty 3,123 3,032
Other accrued expenses 2,848 3,379
Due to franchisees 395 380
Current portion of operating lease liabilities 6,359 5,582
Current portion of finance lease liability 99 44
Current portion of contract liability 512 1,073
Total current liabilities 62,715 50,405
Non-current liabilities
Finance lease liability, less current portion 275 131
Contract termination 188 172
Note payable - store repurchase 400 -
Contract liability, less current portion 8,223 7,319
Operating lease liabilities, less current portion 53,596 48,345
Total non-current liabilities 62,682 55,967
Member’s equity 301,985 323,565
Total liabilities and member’s equity 2024 $ 4 27,382 2023 $ 4 29,937
Merchandise sales $ 288,296 $ 268,600
Cost of merchandise sold 173,661 160,260
Gross profit 114,635 108,340
Other operating income
Franchise fees 1,647 1,895
Royalty fees 23,377 23,305
Supplier commissions 7,940 8,201
Marketing fund 25,069 19,776
Other fees 9,256 8,962

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 supplier commissions for the company in 2024 were $7,940. This represents income generated from agreements with various suppliers, where Batteries Plus Bulbs receives a commission based on sales or other criteria. For a prospective franchisee, supplier commissions can be a notable source of additional revenue, supplementing income from direct merchandise sales and franchise or royalty fees.

Supplier commissions can fluctuate based on several factors, including the volume of sales of particular products from specific suppliers, the commission rates negotiated with those suppliers, and any changes in the supplier relationships themselves. Batteries Plus Bulbs franchisees should pay attention to these commissions as they can contribute to the overall profitability of their location. Understanding the dynamics of these commissions can help franchisees make informed decisions about inventory and promotional strategies.

It's worth noting that while supplier commissions are beneficial, they typically represent a smaller portion of overall revenue compared to merchandise sales. In 2023, for example, supplier commissions totaled $8,201, while merchandise sales amounted to $288,296. Therefore, while these commissions can provide a boost to income, the primary focus for a Batteries Plus Bulbs franchisee should remain on driving sales and managing costs effectively.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
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