What was the value of construction in process for Batteries Plus Bulbs in 2024?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| ASSETS Current assets Cash and cash equivalents $ Accounts receivable, net Merchandise inventories, net Prepaid expenses Due from marketing fund | 10,716 29,858 56,393 4,426 668 102,061 | $ 26,197 25,763 48,576 4,665 |
|---|---|---|
| 1,034 | ||
| Total current assets | 106,235 | |
| Property and equipment | ||
| Furniture, fixtures and equipment | 15,913 | 14,383 |
| Vehicles | 1,841 | 1,740 |
| Leasehold improvements | 5,118 | 4,739 |
| Software | 26,733 | 23,913 |
| Finance lease right-of-use assets | 502 | 220 |
| 50,107 | 44,995 | |
| Accumulated depreciation | (29,978) | (24,213) |
| Construction in process | 1,196 | 346 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the value of construction in process in 2024 was $1,196. This figure represents the costs incurred for ongoing construction projects that are not yet completed and ready for use in the business.
For a prospective franchisee, this number reflects Batteries Plus Bulbs's investment in new infrastructure or improvements to existing facilities during that year. It's important to note that construction in process is a component of the company's total property and equipment, which amounted to $21,325 in 2024.
Franchisees should consider these figures in the context of Batteries Plus Bulbs's overall financial health and investment strategy. A growing 'construction in process' value could indicate expansion and upgrades, while a declining value might suggest a focus on other areas of the business. Reviewing these trends over several years can provide a more comprehensive understanding.