How is the Central Processing Services Fee determined for a Ledgers franchise?

Question

Accepted Answer

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# **ITEM 6 OTHER FEES**

| Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Royalty Fee (Notes 1 and 2) | The Royalty Fee is 10% of Gross Revenues |  | See Note 1 for a definition of Gross Revenues. |
|  |  |  |  |
|  |  |  |  |
|  |  |  |  |
|  |  |  |  |
| Advertising Fee | 3% of the previous month’s Gross Revenues | Monthly | You agree to pay this fee to us to support our advertising program. |
| Credit Card Processing Fee | The actual amount charged by third party credit card processor The actual amount charged by third party credit card processor | As incurred |  |
| Central Processing Services Fee | Then current rate based on the service requested (up to 40% of our-then current Recommended Fee (Note 3) | As incurred | You agree to pay this fee to us for any central processing services we provide to your clients on your behalf. |
|  |  |  |  |
|  |  |  |  |
| Insufficient | $50 per transaction $50 per transaction | As incurred |  |
| Funds Fee |  |  |  |
| Audit Fee | Cost of Audit plus $50 per month Late Fee on any late payment | Immediately upon conclusion of audit |  |
| Transfer Fee | $5,000 for a transfer of the franchise or a majority interest in it. | Due before transferring | We must approve the transfer. |
| Interest and | Actual amount | As incurred |  |
| Penalties | incurred Actual amount incurred |  |  |
| Client Refunds | The amount of any fee we refund to a client | As invoiced |  |
| Fee | Amount | Due Date | Remarks |
| Assistance Fee in the event of death or incapacity | Our reasonable expenses plus 10% of Gross Revenues for the period in which we operate or assist in the operation of the Franchised Business. | At time of expense | We are entitled to this fee if we must operate your franchise due to your death or incapacity.

Source: Item 6 — OTHER FEES (FDD pages 17–20)

How is the Central Processing Services Fee determined for a Ledgers franchise?

Answer from 2025 FDD Document

ITEM 6 OTHER FEES

What This Means (2025 FDD)

Fee	Amount	Due Date	Remarks
Royalty Fee (Notes 1 and 2)	The Royalty Fee is 10% of Gross Revenues		See Note 1 for a definition of Gross Revenues.




Advertising Fee	3% of the previous month’s Gross Revenues	Monthly	You agree to pay this fee to us to support our advertising program.
Credit Card Processing Fee	The actual amount charged by third party credit card processor The actual amount charged by third party credit card processor	As incurred
Central Processing Services Fee	Then current rate based on the service requested (up to 40% of our-then current Recommended Fee (Note 3)	As incurred	You agree to pay this fee to us for any central processing services we provide to your clients on your behalf.


Insufficient	$50 per transaction $50 per transaction	As incurred
Funds Fee
Audit Fee	Cost of Audit plus $50 per month Late Fee on any late payment	Immediately upon conclusion of audit
Transfer Fee	$5,000 for a transfer of the franchise or a majority interest in it.	Due before transferring	We must approve the transfer.
Interest and	Actual amount	As incurred
Penalties	incurred Actual amount incurred
Client Refunds	The amount of any fee we refund to a client	As invoiced
Fee	Amount	Due Date	Remarks
Assistance Fee in the event of death or incapacity	Our reasonable expenses plus 10% of Gross Revenues for the period in which we operate or assist in the operation of the Franchised Business.	At time of expense	We are entitled to this fee if we must operate your franchise due to your death or incapacity.