How many transfers of Ledgers outlets from franchisees to new owners occurred in 2024?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
Table No. 2 Transfers of Outlets From Franchisees to New Owners (Other than Franchisor) For Fiscal Years 2022 to 2024
| State | Year | Number of Transfers |
|---|---|---|
| Total | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 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 transfers of outlets from franchisees to new owners during the 2024 fiscal year. The FDD provides data on such transfers for the fiscal years 2022, 2023, and 2024.
Specifically, the table detailing transfers of outlets from franchisees to new owners indicates zero transfers in 2022, 2023, and 2024. This suggests that during these years, existing franchisees did not sell their Ledgers businesses to new, independent owners. All changes in ownership may have involved the franchise being reacquired by Ledgers itself, or closures.
A prospective franchisee should consider this information in the context of the overall health and stability of the Ledgers franchise system. While no transfers could indicate a stable, long-term ownership model, it could also reflect difficulty in selling existing franchises. Further investigation into franchisee satisfaction and reasons for leaving the system would be prudent.