What is the business that Ledgers' affiliate, Loyalty Business Brokers, operates in?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
We have an affiliate, Loyalty Brokers LLC d/b/a Loyalty Business Brokers, formed December 30, 2020, with a principal place of business at 780 Lynnhaven Pkwy, Suite 240, Virginia Beach, VA 23452. Loyalty Business Brokers also offers franchise opportunities for business brokerage. Loyalty Business Brokers opportunities for Area Representatives to recruit and support unit franchisees This affiliate has offered franchises since 2022. They do not offer franchises in any other line of business. As of December 31, 2024, Loyalty Business Brokers had a total of 3 unit franchised outlets and 2 Area Representative franchised outlets. They do not provide any products or services to you.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–10)
What This Means (2025 FDD)
According to the 2025 Ledgers Franchise Disclosure Document, Loyalty Business Brokers, an affiliate of Ledgers, offers franchise opportunities for business brokerage. They also provide opportunities for Area Representatives to recruit and support unit franchisees.
Loyalty Business Brokers has been offering franchises since 2022. As of December 31, 2024, they had 3 unit franchised outlets and 2 Area Representative franchised outlets.
It is important to note that Loyalty Business Brokers does not offer franchises in any other line of business, and they do not provide any products or services to Ledgers franchisees. This means that while they are an affiliate, their operations are separate from the core services offered by Ledgers franchises, which focus on business advisory, bookkeeping, payroll, and income tax preparation services.