Is Ledgers' approval required before a franchisee enters into a lease or purchase agreement for their office location?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
- A. Lease. If you choose to obtain a commercial space for operation of your Ledgers office, you are not required to obtain our approval before entering into a lease or purchase agreement for your office location, but the location must be within your Territory.
- B. Plan and Layout. It is your responsibility to develop and implement the plans and layout for your office location.
- C. Buildout. It is your responsibility to engage contractors or suppliers and buildout your office location.
- D. Permitting. It is your responsibility to conform the premises to federal, state or local ordinances, building codes, licensing requirements and obtain any required permits.
- E. Signage. It is your responsibility to obtain signage in conformity with the templates provided by us and to the specifications provided in our Manual. If you need to modify our signage templates or specifications to meet your needs or the restrictions of your office location, you must obtain our written approval by submitting your request to our operations department. We typically respond to any request submitted to our operations department within five days.
F. Brand Image. You must maintain the facility housing your Franchised Business in a clean and well-maintained manner in order to uphold the image and goodwill of our Franchise System.
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, franchisees are not required to obtain approval from Ledgers before entering into a lease or purchase agreement for their office location. However, the location must be within the franchisee's designated territory.
While Ledgers does not require approval of the lease or purchase agreement itself, franchisees are responsible for developing and implementing the plans and layout for their office location. They are also responsible for engaging contractors or suppliers to build out the office. Additionally, franchisees must ensure the premises conform to all applicable federal, state, and local ordinances, building codes, and licensing requirements, and they must obtain all required permits.
Ledgers does require written approval for signage if a franchisee needs to modify the provided templates or specifications to meet their needs or the restrictions of their office location. Requests submitted to the operations department typically receive a response within five days. Franchisees must maintain their facility in a clean and well-maintained manner to uphold the brand image and goodwill of the Ledgers franchise system.