How often is the Royalty Fee calculated for a Ledgers franchise?

According to Ledgers's 2025 Franchise Disclosure Document, the Royalty Fee is calculated as 10% of Gross Revenues. The FDD does not specify the frequency with which this royalty fee is calculated or paid.

However, the document does state that Ledgers requires franchisees to sign bank documents allowing them to debit the franchisee's account via ACH Electronic Transfer for all fees and payments due. Franchisees must also notify Ledgers within one day if they change their bank account. This suggests that royalty fees are likely paid on a regular basis.

While the FDD does not explicitly state how often the royalty fee is calculated, prospective franchisees should inquire about the payment schedule and clarify how frequently Ledgers will debit their account for royalty fees. Understanding the payment schedule is crucial for managing cash flow and budgeting effectively as a Ledgers franchisee.