What was the total value of property and equipment for Batteries Plus Bulbs in the earlier year?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
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 property and equipment in 2022 was $20,452. This figure represents the net value of all physical assets owned by Batteries Plus Bulbs, including furniture, fixtures, vehicles, leasehold improvements, and software, after accounting for accumulated depreciation. Construction in progress is also included in this calculation.
For a prospective franchisee, this indicates the level of investment Batteries Plus Bulbs has in its physical infrastructure. It is important to note that these figures reflect the financial position of the overall company and not necessarily the investment required for an individual franchise location. A franchisee's investment in property and equipment will depend on factors such as the size and location of their store.
Understanding the company's investment in property and equipment can provide insights into its financial stability and commitment to maintaining its infrastructure. A prospective franchisee should compare these figures with industry benchmarks and consider the depreciation expenses to assess the overall health and efficiency of Batteries Plus Bulbs's asset management.