What is included in Schedule 1 to the Ledgers Franchise Agreement?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
The Territory will be for a specific geographic region that we define by zip codes, natural, or political boundaries as set forth in Schedule 1 to the Franchise Agreement. A territory will normally include a minimum population of approximately 65,000 residents as determined by the U.S. Census Bureau or mapping software that we feel is reliable.
Source: Item 12 — TERRITORY (FDD pages 32–34)
What This Means (2025 FDD)
According to Ledgers's 2025 Franchise Disclosure Document, Schedule 1 to the Franchise Agreement defines the specific geographic region that constitutes the franchisee's territory. This territory is defined by zip codes, natural boundaries, or political boundaries.
Typically, a Ledgers territory includes a minimum population of approximately 65,000 residents, as determined by the U.S. Census Bureau or reliable mapping software. This population threshold ensures a sufficient customer base for the franchise to operate effectively.
While Ledgers does not grant exclusive territories, it does provide a protected territory. This means that Ledgers promises not to establish a company-owned or franchised Ledgers location within the franchisee's defined geographical area. This protection offers some assurance against direct competition from other Ledgers outlets, although franchisees may still face competition from other franchisees, company-owned outlets, or other channels of distribution.