factual

What happens if a Ledgers franchisee fails to pass Initial Training?

Ledgers Franchise · 2025 FDD

Answer from 2025 FDD Document

chise Fee will be increased to $35,000.

You must submit the Initial Franchise Fee to us before attending Initial Training, usually when the Franchise Agreement is signed. We will refund the Initial Franchise Fee paid by you if we do not approve your application or if you do not pass our Initial Training in accordance with our thencurrent passing standards for training provided that you return to us all materials which we distributed to you during training.

We offer a 10% discount to all active-duty service members and veterans.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 38–41)

What This Means (2025 FDD)

According to Ledgers's 2025 Franchise Disclosure Document, if a franchisee does not pass the Initial Training, Ledgers will refund the Initial Franchise Fee, provided the franchisee returns all training materials. However, failing to attend and pass the Initial Training also constitutes a cause for Ledgers to terminate the Franchise Agreement without notice or an opportunity to cure the failure.

Initial Training is mandatory for franchisees and any Business Manager they employ. Ledgers does not charge for the training itself, but the franchisee is responsible for all travel, lodging, transportation, and meal costs incurred while attending the training. Ledgers advises franchisees during or immediately after Initial Training whether they have successfully completed the course.

Successful completion of Initial Training is a prerequisite for operating a Ledgers franchise. This requirement ensures that all franchisees are adequately trained in the Ledgers system and can provide the services according to Ledgers's standards. The possibility of termination underscores the importance of thorough preparation and active participation in the Initial Training program.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.