What schedule contains the minimum requirements for a Ledgers franchise?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
TABLE OF CONTENTS
- Scope 2 2. 3. Duties of Franchisor 4. anchisee 5. Property 6. ity 7. Transfer .15 8. Termination .17 9. Dispute Res olution .20 10. General .22 Schedu les Ç, Schedule 1 Schedule 2 Territory Automatic Bank Draft Authorization Ç, Schedule 3 Schedule 4 Schedule 5 Schedule 6 Telephone Number Assignment Lease Rider Release State Addenda to the Franchise Agreement
Franchise Agreement
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, Schedule 2 contains the territory details, and Schedule 1 is also listed as a schedule to the franchise agreement. These schedules are referenced within the Table of Contents of Exhibit B, which is the Franchise Agreement.
Schedule 2 pertains to territory, while Schedule 1 is not defined. The document does not explicitly state that either of these schedules outlines the minimum requirements for a Ledgers franchise. However, the franchise agreement itself, as detailed in Exhibit B, does contain a section outlining minimum requirements for franchisees to maintain their territorial rights.
Prospective franchisees should carefully review Exhibit B and its schedules to understand the full scope of their territorial rights and obligations. It is important to ask Ledgers for clarification on which specific schedule contains the minimum requirements to ensure full compliance and avoid potential conflicts.