How many Ledgers outlets in Maryland were opened in 2022?
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' 2025 Franchise Disclosure Document, there were no Ledgers outlets opened in Maryland during 2022. The FDD provides a detailed table outlining outlet activity by state and year.
The table shows that Maryland had one outlet at the start of 2022 and zero outlets were opened during that year. The number of outlets remained at one at the end of 2022. This indicates that while Ledgers had a presence in Maryland, the franchise did not expand its footprint within the state during that specific year.
Prospective franchisees should note that past performance does not guarantee future results. While no new outlets opened in Maryland in 2022, this could change in subsequent years. It is important to consider market conditions and Ledgers' overall growth strategy when evaluating franchise opportunities.