What must a Ledgers franchisee do if they desire to designate a successor or replacement Business Manager?

According to Ledgers's 2025 Franchise Disclosure Document, if a franchisee wishes to designate a successor or replacement Business Manager, they must take specific steps to ensure the transition is approved by Ledgers. The franchisee is required to notify Ledgers in writing about their intention to replace the Business Manager. This notification must include the identity of the proposed successor Business Manager and the reason why the previous Business Manager is no longer serving in that role.

In addition to providing notice and the identity of the proposed successor, the Ledgers franchisee must furnish Ledgers with any information that Ledgers reasonably requests regarding the proposed successor. This allows Ledgers to assess the qualifications and suitability of the new candidate. Furthermore, the franchisee must obtain advance written approval from Ledgers before the successor can officially take on the role.

Ledgers assures that it will not unreasonably delay or deny this approval, suggesting a collaborative approach to ensuring qualified management within the franchise. This process ensures that any new Business Manager meets Ledgers's standards and can effectively manage the franchise, protecting the brand and the interests of both the franchisee and franchisor. This requirement is typical in franchising, as franchisors need to maintain brand standards and operational consistency across all locations.