How will Ledgers communicate its decision regarding an alternative vendor to the franchisee?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
however, none of our officers own an interest in any other supplier
Alternative Suppliers:
We do not maintain written criteria for approving suppliers and thus these criteria are not available to you or your proposed supplier. If you wish to purchase products or services from a nonapproved vendor; you must submit the vendor for approval. We charge $100/hour plus our costs to evaluate an alternative supplier. Our right to approve or disapprove will be done in a reasonable manner within 30 days of our receipt of your request. For example, if you wish to purchase items bearing our Marks, we may request from the vendor seeking approval, a sample to insure they meet our standards. We will make you aware of our decision concerning the vendor via email within a reasonable time. If we choose to deny your request or subsequently revoke our approval, we will inform you via email of our reasons for the action. If we feel it is in the best interests of the network, we may choose to limit the number of approved vendors that you may purchase
specific products from. We periodically p
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 23–25)
What This Means (2025 FDD)
According to Ledgers's 2025 Franchise Disclosure Document, if a franchisee wishes to purchase products or services from a non-approved vendor, they must submit the vendor for approval. Ledgers charges $100 per hour, plus costs, to evaluate the alternative supplier. Ledgers's decision to approve or disapprove the vendor will be made in a reasonable manner within 30 days of receiving the franchisee's request.
Ledgers will inform the franchisee of its decision regarding the vendor via email within a reasonable time. If Ledgers chooses to deny the request or subsequently revoke its approval, it will inform the franchisee via email of the reasons for the action.
Ledgers may limit the number of approved vendors that a franchisee may purchase specific products from if it feels it is in the best interests of the network. Ledgers periodically publishes its vendor directory, product specifications, and standards as part of its Operations Manual.