Under what grounds can a Ledgers franchisee terminate the franchise agreement?

According to Ledgers' 2025 Franchise Disclosure Document, the grounds for a franchisee to terminate the franchise agreement are not explicitly detailed in the provided excerpts, except for franchisees in New York. For New York franchisees, the FDD states that they "may terminate the agreement on any grounds available by law." This means a Ledgers franchisee in New York can terminate the agreement based on the legal rights afforded to them under New York law.

For prospective franchisees outside of New York, the FDD excerpts do not specify the conditions under which they can terminate the agreement. Typically, franchise agreements outline specific scenarios where a franchisee can terminate the agreement, such as a material breach by the franchisor or other significant events that impact the franchisee's ability to operate the business.

It is important for a prospective Ledgers franchisee to thoroughly review the full franchise agreement and related exhibits to understand the specific termination rights and obligations. They should also consult with a franchise attorney to fully understand their rights under the agreement and applicable state laws. Specifically, a prospective franchisee should ask Ledgers for a complete list of conditions under which they, as the franchisee, are allowed to terminate the franchise agreement.