Is Ledgers obligated to negotiate purchase agreements with vendors and suppliers for the benefit of Ledgers franchisees?

According to Ledgers's 2025 Franchise Disclosure Document, Ledgers is not obligated to negotiate purchase agreements with vendors and suppliers for the benefit of its franchisees. While Ledgers retains the right to negotiate these agreements, it is not a requirement.

Specifically, the FDD states that Ledgers, its parent, and its affiliates reserve all rights not expressly granted in the Franchise Agreement. This includes the right to negotiate purchase agreements with vendors and suppliers that Ledgers reasonably believes are for the benefit of its franchisees.

This means that while Ledgers may choose to negotiate agreements to help franchisees, they are not legally bound to do so. A prospective franchisee should inquire about the extent to which Ledgers actively seeks out and negotiates vendor agreements, and what criteria Ledgers uses to determine if an agreement is beneficial for franchisees. This information can help a franchisee understand the level of support they can expect from Ledgers in managing their supply costs.