What are the total minimum finance lease payments expected for Batteries Plus Bulbs in 2026?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| ROU assets | $ | 220 | $ | 786 | ||
|---|---|---|---|---|---|---|
| Accumulated amortization | (47) | (442) | ||||
| Finance lease ROU assets | $ | 173 | $ | 344 | ||
| Liabilities Current portion of finance lease liabilities Finance lease liabilities, less current portion | $ | 44 131 | $ | 100 - | ||
| Total finance lease liabilities | $ | 175 | $ | 100 |
Following is a schedule of future minimum lease payments
Source: Item 21 — Financial Statements (FDD pages 79–80)
What This Means (2025 FDD)
According to the 2025 Batteries Plus Bulbs FDD, the total minimum finance lease payments expected in 2026 are $43 (in thousands). This information is based on the schedule of future minimum lease payments under finance leases as of December 31, 2024.
This figure represents Batteries Plus Bulbs's financial obligations for leased assets, such as equipment or property, where the company essentially owns the asset over the lease term. Franchisees should consider this amount when assessing the company's overall financial health and stability, as these lease obligations can impact its cash flow and profitability. Understanding the breakdown of these lease payments over time helps in forecasting future financial commitments.
It's important to note that this is just one component of Batteries Plus Bulbs's overall financial picture. Prospective franchisees should review the complete financial statements and consult with a financial advisor to fully understand the implications of these lease obligations and other financial factors. Additionally, franchisees should inquire about the nature of these leases and the assets they cover to assess their importance to the business operations.