On what date was Loyalty Business Services LLC d/b/a Ledgers formed?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
To simplify the language in this Disclosure Document, the terms "we," "us," and "our" refer to Loyalty Business Services LLC d/b/a Ledgers. The terms "you" and "your" refer to the person or entity that buys this franchise including any guarantors. We are a Virginia Limited Liability Company formed on October 30, 2019. We maintain our principal place of business at 780 Lynnhaven Parkway, Suite 240, Virginia Beach Virginia, 23452.
We do business under our corporate name and under the name Ledgers. We changed our original corporate name, Fide Holding LLC, to Loyalty Business Services LLC on June 4, 2020.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–10)
What This Means (2025 FDD)
According to Ledgers's 2025 Franchise Disclosure Document, Loyalty Business Services LLC d/b/a Ledgers was formed on October 30, 2019, as a Virginia Limited Liability Company. The company's principal place of business is located at 780 Lynnhaven Parkway, Suite 240, Virginia Beach Virginia, 23452.
It is important to note that the company changed its original corporate name from Fide Holding LLC to Loyalty Business Services LLC on June 4, 2020. This indicates a relatively recent rebranding or restructuring of the company.
Understanding the formation date and name changes can be useful for a prospective franchisee to assess the company's history and stability. Newer franchise systems may have less established track records compared to more mature brands. Therefore, a potential franchisee should conduct thorough due diligence to evaluate the risks and opportunities associated with investing in Ledgers.