What was the value of leasehold improvements for Batteries Plus Bulbs in 2024?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| -------------------------------------- | ------------------------------------------------------- | ------------------------------------------- |
|---|---|---|
| 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 | 22 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the value of leasehold improvements in 2024 was $5,118. Leasehold improvements are alterations or upgrades made to a leased property to suit the specific needs of the tenant, in this case, a Batteries Plus Bulbs franchisee. These improvements become the property of the lessor at the end of the lease term.
For a prospective franchisee, this figure represents the depreciated book value of leasehold improvements across all corporate-owned Batteries Plus Bulbs locations. It does not reflect the potential cost for a new franchisee to make leasehold improvements at their specific location. The actual costs a franchisee incurs will depend on factors such as the size and condition of the leased space, the extent of renovations required, and local construction costs.
It's important to note that this number reflects the company-owned stores and may not be representative of the investment a new franchisee will need to make. A prospective franchisee should inquire about the typical costs associated with leasehold improvements for a new Batteries Plus Bulbs store, considering variations based on location and store size. Understanding these costs is crucial for accurate financial planning and assessing the overall investment required to start a Batteries Plus Bulbs franchise.