What was the total value of property and equipment for Batteries Plus Bulbs in 2023?

According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the total value of property and equipment in 2023 was $21,128. This figure represents the net value of all physical assets owned by Batteries Plus Bulbs, after accounting for accumulated depreciation. These assets include furniture, fixtures, vehicles, leasehold improvements, software, and finance lease right-of-use assets, as well as construction in progress.

For a prospective franchisee, understanding the value of property and equipment is crucial as it reflects the capital investment Batteries Plus Bulbs has in its physical infrastructure. A higher value might indicate a more robust and modern setup, while a lower value could suggest older or less extensive facilities. However, it is important to consider the accumulated depreciation, which reduces the net value of these assets over time.

It's also worth noting the individual components contributing to the total property and equipment value. For instance, software is valued at $23,913, indicating a significant investment in technology. Leasehold improvements, valued at $4,739, reflect investments in the physical store locations. These details can provide insights into the areas where Batteries Plus Bulbs allocates its resources. Franchisees should inquire about the typical lifecycle and replacement costs of these assets to anticipate future capital expenditures.