How many Ledgers outlets in Connecticut ceased operations for other reasons in 2022?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Ter minatio ns | Non Renew als | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Connecticut | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
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 Ledgers outlets in Connecticut that ceased operations for other reasons during 2022. The FDD provides a table outlining the status of outlets, including those that ceased operations for various reasons.
The table specifically lists 'Ceased Operations Other Reasons' as a category. For Connecticut in 2022, the number reported in this category is 0. This indicates that no Ledgers franchises in Connecticut closed due to reasons other than termination, non-renewal, or reacquisition by the franchisor during that year.
Prospective franchisees can use this information to understand the stability and performance of Ledgers franchises in specific geographic areas. A history of few closures for 'other reasons' might suggest a healthy franchise environment, while a higher number could warrant further investigation into the causes.