What is the legal structure of Loyalty, LLC, the parent company of Ledgers?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
We have a parent, Loyalty, LLC, a Virginia Limited Liability Company formed on November 6, 2017, with a principal address of 780 Lynnhaven Parkway, Suite 240, Virginia Beach, Virginia, 23452.
Loyalty, LLC offers franchise sales assistance to us and to the affiliate companies listed below. Loyalty, LLC does not offer franchises in any line of business.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–10)
What This Means (2025 FDD)
According to the 2025 Ledgers Franchise Disclosure Document, Loyalty, LLC, the parent company of Loyalty Business Services LLC d/b/a Ledgers, is a Virginia Limited Liability Company. It was formed on November 6, 2017, and maintains a principal address at 780 Lynnhaven Parkway, Suite 240, Virginia Beach, Virginia, 23452.
Loyalty, LLC's primary function is to offer franchise sales assistance to Ledgers and its affiliate companies. However, it's important to note that Loyalty, LLC itself does not offer franchises in any specific line of business. This means its role is strictly supportive, focusing on facilitating franchise sales for its subsidiaries.
Prospective Ledgers franchisees should understand this distinction. While Loyalty, LLC is the parent company, it does not directly engage in franchising activities. Instead, it provides support to Ledgers and other affiliated franchise systems. This structure is not uncommon in the franchise industry, where a holding company manages multiple franchise brands.