What is considered the 'Initial Franchise Fee' for a Ledgers franchise?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
d in this Item.
ITEM 5 INITIAL FEES
You must pay us an initial fee (the "Initial Franchise Fee) for the right to open and operate a Ledgers Franchised Business. The Initial Franchise Fee is $15,000 until October 31, 2025. Thereafter, the Initial Franchise Fee will be increased to $35,000.
You must submit the Initial Franchise Fee to us before attending Initial Training, usually when the Franchise Agreement is signed. We will refund the Initial Franchise Fee paid by you if we do not approve your application or if you do not pass our Initial Training in accordance with our thencurrent passing standards for training provided that you return to us all materials which we distributed to you during training.
We offer a 10% discount to all active-duty service members and veterans. We may offer special incentive programs from time to time as part of national or regional development efforts and we reserve the right to offer, modify, or withdraw any incentive program without any notice to you. We disclose financing terms in Item 10.
Except as described in this Item 5, the Initial Fees are uniformly imposed and non-refundable.
Source: Item 5 — INITIAL FEES (FDD page 17)
What This Means (2025 FDD)
According to Ledgers's 2025 Franchise Disclosure Document, the initial franchise fee is $15,000 until October 31, 2025. After this date, the initial franchise fee will increase to $35,000. This fee grants the franchisee the right to open and operate a Ledgers franchise.
The initial franchise fee must be paid before attending initial training, typically when the Franchise Agreement is signed. Ledgers will refund the initial franchise fee if the application is not approved or if the franchisee does not pass initial training, provided that all training materials are returned.
Ledgers offers a 10% discount on the initial franchise fee to all active-duty service members and veterans. The document also states that Ledgers may offer special incentive programs from time to time as part of national or regional development efforts and reserves the right to modify or withdraw any incentive program without notice. Except as described, the initial fees are uniformly imposed and non-refundable.