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What was the total amount of 'Total other assets' for Batteries Plus Bulbs in 2024?

Batteries_Plus_Bulbs Franchise · 2025 FDD

Answer from 2025 FDD Document

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

Source: Item 23 — Receipts (FDD pages 80–279)

What This Means (2025 FDD)

According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the company's total other assets in 2024 amounted to $303,996. This figure is a component of the overall assets held by Batteries Plus Bulbs, reflecting the combined value of goodwill, other intangible assets, operating lease right-of-use assets, and notes receivable.

For a prospective franchisee, understanding the composition and value of these 'other assets' is crucial. Goodwill and intangible assets, such as brand recognition and contractual agreements, contribute significantly to the long-term value and competitive advantage of Batteries Plus Bulbs. Operating lease right-of-use assets reflect the company's rights to use leased properties, while notes receivable represent money owed to the company.

The total value of these assets can influence a franchisee's perception of the financial stability and growth potential of Batteries Plus Bulbs. Monitoring changes in these asset values over time, as presented in the FDD, can provide insights into the company's strategic investments, brand strength, and overall financial management. A prospective franchisee should consider these figures in conjunction with liabilities and equity to assess the overall financial health of Batteries Plus Bulbs.

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.