On what date was Ledgers' affiliate, Loyalty Brokers LLC, formed?
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 Ledgers' 2025 Franchise Disclosure Document, Loyalty Brokers LLC, an affiliate of Ledgers, was formed on December 30, 2020. Loyalty Brokers LLC operates under the name Loyalty Business Brokers and offers franchise opportunities in business brokerage, including Area Representative positions. As of December 31, 2024, Loyalty Business Brokers had 3 unit franchised outlets and 2 Area Representative franchised outlets.
This information is relevant to potential Ledgers franchisees as it provides insight into the broader network of franchise opportunities associated with Ledgers' parent company, Loyalty, LLC. While Loyalty Brokers LLC does not provide any products or services to Ledgers franchisees, its existence and performance may reflect on the overall stability and experience of the parent organization in franchising.
Prospective franchisees might want to further investigate the relationship between Ledgers and its affiliates, including Loyalty Brokers LLC, to understand any potential synergies, shared resources, or cross-promotional activities. Understanding the performance and support systems in place for these affiliated franchises could offer a more comprehensive view of the franchise system's overall health and growth potential.