What was the total number of Ledgers outlets at the end of 2024 in Connecticut?
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' 2025 Franchise Disclosure Document, there were zero outlets in Connecticut at the end of 2024. The provided table tracks the number of outlets in each state over the previous three years.
Specifically for Connecticut, the table shows the number of outlets at the start of 2022 was one, which remained constant until 2023 when one outlet was reacquired by the franchisor, leaving zero outlets. The number of outlets at the start of 2024 was zero, with no outlets opened, terminated, non-renewed, or reacquired, resulting in zero outlets at the end of 2024.
This indicates that Ledgers had previously operated in Connecticut but, as of the end of 2024, did not have any active franchise locations in the state. A prospective franchisee should consider this when evaluating the market and potential for Ledgers in Connecticut. It may be prudent to inquire with Ledgers about why the previous franchise agreement ended and what steps are being taken to ensure the success of future franchisees in the state.