Since when has Ledgers' affiliate, Tectum Franchising LLC, offered franchises?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
We have an affiliate, Tectum Franchising LLC d/b/a CR3 American Exteriors, formed on July 12, 2022, with a principal business address of 780 Lynnhaven Parkway, Suite 240, Virginia Beach, VA 23452. CR3 American Exteriors offers franchise opportunities for offering, selling, and performing roofing and remodeling services for commercial and residential customers. CR3 American Exteriors also offers opportunities for Area Representatives to recruit and support unit franchisees. This affiliate has offered franchises since 2022. As of December 31, 2024, CR3 American Exteriors had a total of 17 unit franchised outlets and 0 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 Ledgers' 2025 Franchise Disclosure Document, Tectum Franchising LLC, doing business as CR3 American Exteriors, has been offering franchises since 2022. This affiliate specializes in franchise opportunities related to roofing and remodeling services for both commercial and residential clients. Additionally, CR3 American Exteriors provides Area Representative opportunities, allowing individuals to recruit and support unit franchisees. As of December 31, 2024, CR3 American Exteriors reported a total of 17 unit franchised outlets and no Area Representative franchised outlets.
For a prospective Ledgers franchisee, this information highlights the involvement of affiliated companies in offering franchise opportunities in different sectors. It's important to note that CR3 American Exteriors does not provide any products or services to Ledgers franchisees, indicating separate and distinct operations. The success and growth of CR3 American Exteriors, as indicated by the number of franchised outlets, could be a point of interest for potential Ledgers franchisees when evaluating the overall franchising expertise within the affiliated network.
When considering a Ledgers franchise, it would be prudent to understand the nature of support and resources, if any, that Ledgers franchisees might indirectly benefit from due to the experiences and infrastructure of its affiliates like CR3 American Exteriors. While the FDD states that these affiliates do not directly provide products or services to Ledgers franchisees, the broader organizational knowledge and best practices could potentially be leveraged to the advantage of all franchisees within the network. Further conversation with the franchisor may reveal the extent of such indirect benefits.