What exhibits are included in the Ledgers Franchise Disclosure Document?
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 | ||
| Date: | ||
| (Do not leave blank) | Signature of Prospective Franchisee | |
| Print Name |
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to the 2025 Ledgers Franchise Disclosure Document, several exhibits are included. These exhibits provide detailed information about various aspects of the franchise offering, giving prospective franchisees a comprehensive view of the agreement and related documents.
The exhibits include Exhibit A, which contains state addenda to the disclosure document and franchise agreement, addressing specific legal requirements in certain states like Michigan, California, Illinois, Indiana, Maryland, Minnesota, New York, Rhode Island, Virginia, or Wisconsin. Exhibit B is the Franchise Agreement itself, outlining the contractual obligations and rights of both Ledgers and the franchisee.
Additional schedules and exhibits cover critical operational and financial aspects, such as Schedule 1 detailing the franchisee's territory, Schedule 2 outlining minimum requirements, and Schedule 3 providing the automatic bank draft authorization form. Furthermore, the FDD includes exhibits related to telephone number assignments (Schedule 4A), lease riders (Schedule 4B), promissory notes (Schedule 5), releases (Schedule 6), financial statements (Exhibit C), state administrators/agents for service of process (Exhibit D), lists of current and former franchisees (Exhibits E-1 and E-2), the table of contents for the operations manual (Exhibit F), state effective dates (Exhibit G), and a receipt (Exhibit H). These exhibits collectively offer a detailed understanding of the Ledgers franchise system and its legal and operational framework.