What was the total amount of 'Total property and equipment' for Batteries Plus Bulbs in 2024?

According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the total property and equipment for the company in 2024 was $21,325. This figure represents the net value of the company's physical assets after accounting for accumulated depreciation. These assets include furniture, fixtures, vehicles, leasehold improvements, software, and construction in process.

For a prospective franchisee, this information provides insight into the capital investments Batteries Plus Bulbs makes in its own operations. The 'Total property and equipment' line reflects the resources the company uses to operate and support its franchise system. Understanding the composition of this line item, such as the investments in software and leasehold improvements, can help a franchisee anticipate the types of assets they may need to acquire or lease when setting up their own Batteries Plus Bulbs location.

It's important to note that the franchisee's own property and equipment costs will vary depending on factors such as location, store size, and specific equipment needs. However, reviewing the franchisor's balance sheet can offer a benchmark for assessing the scale of investment involved in running a Batteries Plus Bulbs business. Additionally, the depreciation expense related to these assets will impact the company's profitability, which is a key consideration for potential investors.