What is the date of the letter from KPMG LLP included as an exhibit in the Ledgers FDD?

According to the 2025 Ledgers Franchise Disclosure Document, a letter from KPMG LLP is included as an exhibit. Specifically, Exhibit 16.1 is a letter from KPMG LLP dated December 11, 2017. This letter likely addresses accounting or financial matters related to Ledgers's business operations.

As a prospective franchisee, it's essential to understand the context and implications of this letter. KPMG's involvement as an independent auditor lends credibility to the financial information provided by Ledgers. The letter's date, December 11, 2017, suggests it relates to past financial statements and audits.

Franchisees should review this exhibit carefully to understand any potential financial or accounting issues that may have arisen in the past. While the letter confirms KPMG's agreement with statements made by Ledgers, it's crucial to assess whether any historical issues could impact the franchise's current or future financial performance. Consulting with a financial advisor or attorney can help in interpreting the letter's contents and assessing any associated risks or opportunities.