How many Ledgers outlets were sold to franchisees in Connecticut during 2024?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Re acquired from Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| Connecticut | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 1 | 1 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 1 | 1 | 0 | 0 | |
| 2024 | 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's 2025 Franchise Disclosure Document, there were no Ledgers outlets sold to franchisees in Connecticut during 2024. The provided table outlines the number of outlets sold to franchisees by state and year, and the data for Connecticut in 2024 shows zero outlets sold. This suggests that there were no transfers of existing Ledgers franchises to new franchisees within Connecticut during that year.
For a prospective franchisee, this information indicates the stability and potential market saturation within Connecticut. The absence of franchise resales could mean that existing franchisees are retaining their businesses, possibly due to profitability or satisfaction with the Ledgers system. However, it could also suggest a limited market for resales if franchisees are struggling or exiting the system for other reasons.
It is important to note that this data only reflects the number of outlets sold to franchisees and does not account for other changes in outlet status, such as closures, terminations, or re acquisitions by the franchisor. A prospective franchisee should investigate further to understand the overall health and dynamics of the Ledgers franchise network in Connecticut, including the reasons behind any outlet closures or transfers in previous years. This information can provide a more comprehensive picture of the franchise's performance and potential risks in the region.