Is there a 'Schedule 1' attached to the Ledgers Franchise Agreement?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Schedule 1 | Territory |
|---|---|
| Schedule 2 | Automatic Bank Draft Authorization |
| Schedule 3 | Telephone Number Assignment |
| Schedule 4 | Lease Rider |
| Schedule 5 | Release |
| Schedule 6 | State Addenda to the Franchise Agreement |
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to the 2025 Ledgers Franchise Disclosure Document, Schedule 1, which defines the franchisee's territory, is attached to the Ledgers Franchise Agreement. Additionally, Schedules 2 through 6 are also attached to the Franchise Agreement.
Schedule 2 is the Automatic Bank Draft Authorization. Schedule 3 pertains to the Telephone Number Assignment agreement between Ledgers and the franchisee. Schedule 4 is the Lease Rider. Schedule 5 contains a release. Schedule 6 includes state addenda to the franchise agreement.
Prospective franchisees should carefully review all schedules and addenda, as they contain important details about their rights, responsibilities, and the specific terms of their franchise agreement. Understanding these schedules is crucial for a successful franchise operation.