Which exhibit contains the list of franchisees for Ledgers?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Received | Reference | Name |
|---|---|---|
| ITEM 1-ITEM 23 | Franchise Disclosure Document | |
| EXHIBIT A | State Addendum | |
| EXHIBIT B | Franchise Agreement | |
| Schedule 1 | Territory | |
| Schedule 2 | Minimum Requirements | |
| Schedule 3 | Automatic Bank Draft Authorization | |
| Schedule 4A | Telephone Number Assignment | |
| Schedule 4B | Lease Rider | |
| Schedule 5 | Promissory Notes | |
| Schedule 6 | Release | |
| EXHIBIT C | Financial Statements | |
| EXHIBIT D | State Administrators/Agents for Service of Process | |
| EXHIBIT E-1 | List of Franchisees | |
| EXHIBIT E-2 | List of Former Franchisees | |
| EXHIBIT F | Table of Contents – | |
| Operations Manual | ||
| EXHIBIT G | State Effective Dates | |
| EXHIBIT | Receipts | |
| H |
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to Ledgers's 2025 Franchise Disclosure Document, Exhibit E-1 contains the list of franchisees. This exhibit provides the names, addresses, and telephone numbers of all active Ledgers franchisees as of December 31, 2023, which was the end of the last fiscal year. This information is crucial for prospective franchisees to contact existing franchisees and gain insights into the day-to-day operations, challenges, and successes of running a Ledgers franchise.
In addition to the list of current franchisees, Ledgers also provides a list of former franchisees in Exhibit E-2. This list includes the names, city and state, and either the current business telephone number or the last known home telephone number of franchisees who have left the Ledgers system. Reviewing this list can offer valuable perspective on reasons for franchise terminations, cancellations, or non-renewals, helping potential franchisees assess the risks and rewards associated with investing in a Ledgers franchise.
Both lists are essential resources for due diligence. By contacting current and former franchisees, prospective franchisees can gather firsthand accounts of the franchise experience, validate the franchisor's claims, and make a more informed decision about whether to invest in a Ledgers franchise. These exhibits provide transparency and allow potential franchisees to conduct thorough research before committing to the franchise opportunity.