How many Ledgers outlets were operating in Connecticut at the start of 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 |
| 2023 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 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 was one Ledgers outlet operating in Connecticut at the start of 2022. Although no outlets opened during that year, one outlet was still operating at the end of 2022.
In 2023, no additional outlets opened, but one outlet was reacquired by the franchisor, resulting in zero outlets operating in Connecticut at the end of 2023. As of 2024, there were still no Ledgers outlets operating in Connecticut, and no outlets opened or closed during that year.
It is important to note that while there were no outlets operating in Connecticut at the end of 2024, Ledgers projects opening one new franchised outlet in Connecticut in the next fiscal year. This suggests that Ledgers is looking to expand its presence in the state and that there may be opportunities for new franchisees to open locations in Connecticut.