How many Ledgers outlets in Florida were opened in 2023?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
ranchisor) For Fiscal Years 2022 to 2024**
| State | Year | Number of Transfers | |---|---|---| | Total | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | Table No. 3 Status of Franchise Outlets For Years 2022 to 2024
| 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 |
| 2023 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | |
| 2024 | 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 Ledgers outlets opened in Florida during 2023. The FDD provides a detailed table outlining the status of franchise outlets from 2022 to 2024, showing the number of outlets at the start of the year, outlets opened, terminations, non-renewals, re acquisitions by the franchisor, ceased operations for other reasons, and outlets at the end of the year.
Specifically, for Florida in 2023, the table indicates that there was one outlet at the start of the year and zero outlets opened. There were also no terminations, non-renewals, re acquisitions, or other reasons for ceased operations, leaving one outlet at the end of 2023. This data point offers insight into the growth and stability of Ledgers franchises in Florida during that period.
Prospective franchisees should note that while no new outlets opened in Florida in 2023, the existing outlet remained operational. This could indicate a stable market presence, but further investigation into market conditions and reasons for lack of expansion may be warranted. It is advisable to discuss these trends with Ledgers to understand their growth strategy and market analysis for Florida.