factual

What is included in the On-Site Training fee for a Ledgers franchise?

Ledgers Franchise · 2025 FDD

Answer from 2025 FDD Document

Fee Amount Due Date Remarks
Royalty Fee (Notes 1 and 2) The Royalty Fee is 10% of Gross Revenues See Note 1 for a definition of Gross Revenues.
Advertising Fee 3% of the previous month’s Gross Revenues Monthly You agree to pay this fee to us to support our advertising program.
Credit Card Processing Fee The actual amount charged by third party credit card processor The actual amount charged by third party credit card processor As incurred
Central Processing Services Fee Then current rate based on the service requested (up to 40% of our-then current Recommended Fee (Note 3) As incurred You agree to pay this fee to us for any central processing services we provide to your clients on your behalf.
Insufficient $50 per transaction $50 per transaction As incurred
Funds Fee
Audit Fee Cost of Audit plus $50 per month Late Fee on any late payment Immediately upon conclusion of audit
Transfer Fee $5,000 for a transfer of the franchise or a majority interest in it. Due before transferring We must approve the transfer.
Interest and Actual amount As incurred
Penalties incurred Actual amount incurred
Client Refunds The amount of any fee we refund to a client As invoiced
Fee Amount Due Date Remarks
Assistance Fee in the event of death or incapacity Our reasonable expenses plus 10% of Gross Revenues for the period in which we operate or assist in the operation of the Franchised Business. At time of expense We are entitled to this fee if we must operate your franchise due to your death or incapacity.
On-Site Training

Source: Item 6 — OTHER FEES (FDD pages 17–20)

What This Means (2025 FDD)

According to Ledgers' 2025 Franchise Disclosure Document, on-site training is available at the franchisee's request and will incur a fee of $500 per half day per person, in addition to travel expenses. This fee covers the cost of Ledgers providing training at the franchisee's specific business location.

This means that if a franchisee requires additional training at their location beyond the initial training program, they will be responsible for these costs. The per-person, per-day charge can add up quickly if multiple staff members need training, and the franchisee must also cover the travel expenses incurred by the Ledgers trainers.

Prospective franchisees should consider this potential expense when budgeting for their franchise. It would be prudent to inquire about the typical duration and scope of on-site training, as well as the estimated travel costs from Ledgers, to better understand the potential financial impact. This on-site training fee is not uncommon in the franchise industry, as it compensates the franchisor for the time and resources required to provide individualized support at a specific location.

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.