What was the total number of Ledgers outlets in Connecticut at the start of 2022?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Ter minatio ns | Non Renew als | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Connecticut | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–45)
What This Means (2025 FDD)
According to Ledgers's 2025 Franchise Disclosure Document, there was one Ledgers outlet in Connecticut at the start of 2022. The FDD provides a detailed table outlining the status of franchise outlets over the past three years. This includes the number of outlets at the start of each year, outlets opened, terminations, non-renewals, re acquisitions by the franchisor, ceased operations for other reasons, and the number of outlets at the end of the year.
Specifically, for Connecticut in 2022, the table shows that there was one outlet at the beginning of the year. No new outlets were opened during the year, and there were no terminations, non-renewals, or re acquisitions by Ledgers. The single outlet remained operational throughout 2022, resulting in one outlet at the end of the year.
This information is valuable for prospective franchisees as it provides insight into the historical performance and stability of Ledgers franchises in specific states. It's important to note that past performance is not necessarily indicative of future results, but it can offer a general understanding of the brand's presence and activity in a given market. Reviewing these trends over multiple years can help potential franchisees assess the growth, decline, or stability of the franchise network in different regions.