What was the total reported value of all assets for Batteries Plus Bulbs in the earlier year?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| ASSETS | |||
|---|---|---|---|
| Current assets | |||
| Cash and cash equivalents | $ 26,197 | $ 1,018 | |
| Accounts receivable, net | 25,763 | 26,516 | |
| Merchandise inventories, net | 48,576 | 61,322 | |
| Prepaid expenses | 4,665 | 4,472 | |
| Due from marketing fund | 1,034 | 1,328 | |
| Note receivable - store sale | - | 541 | |
| Due from franchisees | - | 126 | |
| Total current assets | 106,235 | 95,323 | |
| Property and equipment | |||
| Furniture, fixtures and equipment | 14,383 | 12,240 | |
| Vehicles | 1,740 | 1,654 | |
| Leasehold improvements | 4,739 | 4,012 | |
| Software | 23,913 | 19,918 | |
| Finance lease right-of-use assets | 220 44,995 | 786 38,610 | |
| Accumulated depreciation | (24,213) | (18,887) | |
| Construction in process | 346 | 729 | |
| Total property and equipment | 21,128 | 20,452 | |
| Other assets | |||
| Goodwill, net | 25,051 | 23,628 | |
| Other intangible assets, net | 225,292 | 240,212 | |
| Operating lease right-of-use assets, net | 52,047 | 49,306 | |
| Notes receivable | 184 | 213 | |
| Total other assets | 302,574 | 313,359 | |
| Total assets | $ 429,937 | $ 429,134 |
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 value of all assets for the company in 2022 was $429,134. This figure represents the sum of all current assets, property and equipment, and other assets held by Batteries Plus Bulbs at the end of that fiscal year.
Specifically, the assets are broken down into several categories. Current assets, which are those expected to be converted to cash within one year, totaled $95,323 in 2022. Property and equipment, representing the company's physical assets net of depreciation, amounted to $20,452. The largest component was other assets, including goodwill and intangible assets, which totaled $313,359.
For a prospective franchisee, understanding the asset values of Batteries Plus Bulbs can provide insight into the financial health and stability of the company. While this figure represents the overall financial picture, potential franchisees should also review the liabilities and equity sections to gain a comprehensive understanding of the company's financial position. Reviewing these figures over several years can reveal trends and provide a more informed perspective.