What is the principal place of business for Ledgers?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
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To simplify the language in this Disclosure Document, the terms "we," "us," and "our" refer to Loyalty Business Services LLC d/b/a Ledgers. The terms "you" and "your" refer to the person or entity that buys this franchise including any guarantors. We are a Virginia Limited Liability Company formed on October 30, 2019. We maintain our principal place of business at 780 Lynnhaven Parkway, Suite 240, Virginia Beach Virginia, 23452.
We do business under our corporate name and under the name Ledgers. We changed our original corporate name, Fide Holding LLC, to Loyalty Business Services LLC on June 4, 2020.
We have not operated a business of the type being franchised or engaged in any other line of business, however, we do also offer Area Representative franchises to solicit and support unit franchisees. We began offering franchises in June 2020.
Exhibit D contains our agents for service of process.
Parents and Predecessors
We have a parent, Loyalty, LLC, a Virginia Limited Liability Company formed on November 6, 2017, with a principal address of 780 Lynnhaven Parkway, Suite 240, Virginia Beach, Virginia, 23452.
Loyalty, LLC offers franchise sales assistance to us and to the affiliate companies listed below. Loyalty, LLC does not offer franchises in any line of business.
We do not have any predecessors.
Affiliates
We have an affiliate, ATAX LLC d/b/a ATAX, formed on February 20, 2019, with a principal business address of 780 Lynnhaven Parkway, Suite 240, Virginia Beach, VA 23452. ATAX offers franchise opportunities for retail tax, bookkeeping and payroll office. ATAX LLC also offers franchise opportunities for Area Representatives to recruit and support unit franchisees. This affiliate has offered franchises since 2019. They do not offer franchises in any other line of business. As of December 31, 2024, ATAX had a total of 116 unit franchised outlets and 35 Area Representative franchised outlets. They do not provide any products or services to you.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–10)
What This Means (2025 FDD)
According to the 2025 Ledgers Franchise Disclosure Document, the principal place of business for Ledgers is located at 780 Lynnhaven Parkway, Suite 240, Virginia Beach, Virginia, 23452. This is where Ledgers, legally known as Loyalty Business Services LLC, maintains its central operations. It is important for prospective franchisees to know the location of the franchisor's headquarters as it can be relevant for communication, support, and potential visits.
Notably, the same address also serves as the principal business address for Ledgers' parent company, Loyalty, LLC, and several of its affiliates, including ATAX LLC, Cooper's Scoopers LLC, Loyalty Brokers LLC, Purely Pet LLC d/b/a Salty Dawg, Tectum Franchising LLC d/b/a CR3 American Exteriors, The Inspection Boys Franchise USA LLC d/b/a The Inspection Boys, and Zoomin Groomin USA, LLC d/b/a Zoomin Groomin. This concentration of multiple businesses at a single location may suggest shared resources or management, which could be a factor for franchisees to consider during their due diligence.
Understanding the franchisor's business location and its relationship with parent companies and affiliates can provide valuable insights into the overall structure and operations of the Ledgers franchise system. Prospective franchisees may want to inquire about the nature of the relationships between these entities and how they might impact the support and services provided to franchisees.