How many new Ledgers outlets opened in Connecticut during 2022?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Re acquired from Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| Connecticut | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–45)
What This Means (2025 FDD)
According to Ledgers's 2025 Franchise Disclosure Document, there were no new Ledgers outlets opened in Connecticut during 2022. The FDD provides a table outlining outlet information by state and year, including the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and outlets at the end of the year.
Specifically, for Connecticut in 2022, the table indicates that there were zero outlets opened. This suggests that Ledgers did not expand its presence in Connecticut through new franchise openings during that year.
Prospective franchisees should consider this information when evaluating the growth and market penetration of Ledgers in specific geographic areas. While no new outlets opened in Connecticut in 2022, the document also includes projections for new franchised outlets in the next fiscal year, which may provide additional insight into Ledgers's future expansion plans.