When is the initial franchise fee due to Ledgers?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
MENT**
YOUR ESTIMATED INITIAL INVESTMENT
| Type of Expenditure | Low | High | Method of payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|---|
| Initial Franchise Fee (Note 1) | $15,000 | $35,000 | Check or EFT | At signing of Franchise Agreement. |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 20–23)
What This Means (2025 FDD)
According to Ledgers's 2025 Franchise Disclosure Document, the initial franchise fee is due at the signing of the Franchise Agreement. The initial franchise fee ranges from $15,000 to $35,000.
Specifically, the FDD notes that the initial franchise fee is $15,000 until October 31, 2025, after which it will increase to $35,000. This means a prospective Ledgers franchisee could pay a lower initial franchise fee if they sign the franchise agreement before the specified date.
It is important to note that the initial fees paid to Ledgers are nonrefundable. This is a common practice in franchising, as the initial fee covers the franchisor's costs of evaluating the franchisee and setting them up in the system. Franchisees should carefully consider this nonrefundable aspect before signing the agreement.