What was the total operating expenses for Batteries Plus Bulbs in 2024?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Selling and delivery | 12,494 | 11,435 | |
|---|---|---|---|
| Occupancy | 11,047 | 10,130 | |
| General and administrative | 90,186 | 86,987 | |
| Advertising | 2,078 | 2,702 | |
| Marketing fund | 23,912 | 18,625 | |
| Depreciation | |||
| 5,865 | 5,328 | ||
| Amortization | 14,920 160,502 | 14,920 150,127 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the total operating expenses for the company in 2024 amounted to $160,502. This figure encompasses various costs associated with running the business, providing insight into the financial health and cost management of Batteries Plus Bulbs. These expenses are a critical factor for prospective franchisees to consider, as they directly impact the profitability and overall financial performance of their franchise.
Breaking down the operating expenses, the FDD lists specific categories such as selling and delivery ($12,494), occupancy ($11,047), general and administrative ($90,186), advertising ($2,078), marketing fund ($23,912), depreciation ($5,865), and amortization ($14,920). These individual components offer a more detailed understanding of where Batteries Plus Bulbs allocates its resources. For example, the general and administrative expenses, being the largest portion, likely include salaries, office supplies, and other overhead costs. The marketing fund expenses reflect the company's investment in promoting the brand and supporting franchisees' local marketing efforts.
Understanding these operating expenses is crucial for potential Batteries Plus Bulbs franchisees. By examining these figures, prospective franchisees can assess the efficiency of the company's operations and identify areas where costs might be optimized. It also allows them to compare these expenses with industry benchmarks and evaluate the potential profitability of their own franchise. Furthermore, this information aids in developing realistic financial projections and business plans, ensuring that franchisees are well-prepared for the financial aspects of running a Batteries Plus Bulbs franchise.