How many Ledgers outlets in Florida were operating at the end of 2024?
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 | 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 was one Ledgers outlet operating in Florida at the end of 2024. The table provided in Item 20 outlines the number of outlets at the start and end of each year, as well as any changes that occurred during the year.
Specifically, for Florida, the table shows that there was one outlet at the start of 2024. Throughout 2024, there were no additional outlets opened, no terminations, non-renewals, re acquisitions by the franchisor, or ceased operations for other reasons. Therefore, the number of outlets at the end of 2024 remained at one.
This information is valuable for prospective franchisees as it provides insight into the historical performance and stability of Ledgers franchises in Florida. A consistent number of outlets may indicate a stable market presence, but further investigation into the financial performance of these outlets would be necessary to assess the overall health of the franchise in that region.