How many Ledgers outlets in Connecticut had non-renewals 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' 2025 Franchise Disclosure Document, there were no non-renewals of Ledgers outlets in Connecticut during 2022. The provided table in Item 20 specifically lists the number of non-renewals for each state and year.
For a prospective franchisee, this indicates that, at least historically, Ledgers franchisees in Connecticut have chosen to renew their agreements. This could be interpreted as a positive sign regarding franchisee satisfaction or the profitability of Ledgers franchises in that state. However, it is important to consider that this is just one year of data, and past performance does not guarantee future results.
It would be prudent for a potential Ledgers franchisee to investigate further into the reasons for franchise non-renewals in other states or during other time periods. Understanding the factors that contribute to franchisees not renewing their agreements can provide valuable insights into the potential risks and challenges of investing in a Ledgers franchise. Talking to current and former franchisees can provide additional context to the data presented in the FDD.