How many transfers of Ledgers outlets from franchisees to new owners occurred in 2022?

According to Ledgers' 2025 Franchise Disclosure Document, there were no transfers of outlets from franchisees to new owners during the 2022 fiscal year. The FDD provides a table specifically tracking these transfers, and the data indicates zero transfers for that year. This suggests that existing Ledgers franchisees did not sell their businesses to other parties during this period.

This information is relevant for prospective franchisees as it can provide insights into the stability and desirability of existing Ledgers franchises. A lack of transfers could indicate franchisee satisfaction or a lack of demand for resales. Conversely, a high number of transfers might signal potential issues with the franchise system or profitability.

It is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Ledgers itself or closed for other reasons. To gain a comprehensive understanding, a potential franchisee should also review data on terminations, non-renewals, and re acquisitions, as well as the overall financial performance of existing franchises. Further due diligence, including speaking with current and former franchisees, is recommended to assess the reasons behind these figures and their potential impact on a new Ledgers franchise.