How many total Ledgers outlets were operating at the end of 2024?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of Year | Outlets at the End of Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 7 | 8 | 1 |
| 2023 | 8 | 4 | -4 | |
| 2024 | 4 | 2 | -2 | |
| Company | 2022 | 0 | 0 | 0 |
| Owned | 2023 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 7 | 8 | +1 |
| 2023 | 8 | 4 | -4 | |
| 2024 | 4 | 2 | -2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–45)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, the total number of Ledgers outlets operating at the end of 2024 was 2. This includes both franchised and company-owned outlets. The number represents a net decrease of 2 outlets compared to the beginning of the year, as the number started at 4 outlets.
Specifically, the data indicates that there were 2 franchised outlets and 0 company-owned outlets at the end of 2024. This information is crucial for potential franchisees to understand the current scale and recent trends in the size of the Ledgers franchise system.
A prospective franchisee should consider the reasons behind the net decrease in outlets, as this could indicate challenges or changes within the franchise system. Further investigation into why outlets ceased operations, as detailed in the table, would be prudent to assess the stability and growth potential of a Ledgers franchise.