If Ledgers requests, is a Ledgers franchisee required to transfer telephone numbers used in relation to the Franchise Business?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
Upon termination or expiration of this Agreement, including a sale of the Franchise Business, you will:
-
- If requested by us, transfer to us all telephone numbers used in relation to this Franchise Business by executing our then current form, and deliver to us written proof of transfer;
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to the 2025 Ledgers Franchise Disclosure Document, a franchisee is required to transfer telephone numbers used in relation to the franchise business if Ledgers requests it. Specifically, upon termination or expiration of the Franchise Agreement, Ledgers can request the franchisee to transfer all telephone numbers used for the business.
To facilitate this, the franchisee must execute Ledgers' then-current form to complete the transfer and provide written proof that the transfer has occurred. This obligation extends to situations involving the sale of the franchise business as well as standard terminations or expirations of the agreement.
This requirement ensures that Ledgers maintains control over the business's contact information and customer base, even after a franchisee leaves the system. This is a fairly standard practice in franchising, as it protects the brand's goodwill and customer relationships. A prospective franchisee should be aware of this obligation, as it could impact their ability to continue operating a similar business independently after the franchise agreement ends.