What reasons would Ledgers provide if they deny or revoke approval of a vendor?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
however, none of our officers own an interest in any other supplier
Alternative Suppliers:
We do not maintain written criteria for approving suppliers and thus these criteria are not available to you or your proposed supplier. If you wish to purchase products or services from a nonapproved vendor; you must submit the vendor for approval. We charge $100/hour plus our costs to evaluate an alternative supplier. Our right to approve or disapprove will be done in a reasonable manner within 30 days of our receipt of your request. For example, if you wish to purchase items bearing our Marks, we may request from the vendor seeking approval, a sample to insure they meet our standards. We will make you aware of our decision concerning the vendor via email within a reasonable time. If we choose to deny your request or subsequently revoke our approval, we will inform you via email of our reasons for the action. If we feel it is in the best in
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 23–25)
What This Means (2025 FDD)
According to Ledgers's 2025 Franchise Disclosure Document, if a franchisee wishes to use a non-approved vendor, they must submit the vendor for approval. Ledgers charges $100 per hour plus costs to evaluate the alternative supplier. Ledgers has the right to approve or disapprove the vendor within 30 days of receiving the request.
Ledgers will inform the franchisee of their decision via email. If Ledgers denies the request or revokes approval, they will inform the franchisee via email of their reasons for the action. Ledgers may limit the number of approved vendors for specific products if they feel it is in the best interest of the network.
This policy allows Ledgers to maintain quality control and standards across its franchise network. While franchisees have the option to seek alternative suppliers, Ledgers retains the authority to ensure that all vendors meet their requirements. The cost associated with the approval process ($100/hour plus costs) should be considered by franchisees when evaluating alternative suppliers.