Ledgers franchise
A business providing bookkeeping, payroll, tax preparation and incorporation services. At the end of 2025 there were 16 Ledgers locations in the US, all franchised.
- Cost to open
- $48K–$90K
- Franchise fee
- $35,000
- Royalty
- 10% of gross revenue
- Locations, 2025
- 16+8 in 3 yrs
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Company snapshot
- SBA loans
- On the SBA Franchise Directory
From LOYALTY BUSINESS SERVICES LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a Ledgers franchise costs
Opening Unit franchise costs an estimated $48,200 to $89,700. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: LOYALTY BUSINESS SERVICES LLC, 2026 filing, page 23
Ledgers franchise fee
The franchise fee is $35,000. You pay it when you sign the franchise agreement.
Source: LOYALTY BUSINESS SERVICES LLC, 2026 filing, page 18
Royalty and ongoing fees
| Royalty | 10% of gross revenue. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: LOYALTY BUSINESS SERVICES LLC, 2026 filing, page 20
Sales and earnings
Shares figures Ledgers publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: LOYALTY BUSINESS SERVICES LLC, 2026 filing, page 46
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 4 (−4) | 0 | 4 |
| 2024 | 2 (−2) | 0 | 3 |
| 2025 | 16 (+14) | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
Source: LOYALTY BUSINESS SERVICES LLC, 2026 filing, page 48
How Ledgers compares
Of the 6 tax franchises on this site, Ledgers is the 2nd cheapest to open and the smallest by number of locations.
| Measure | Ledgers | Typical tax |
|---|---|---|
| Cost to open, low end | $48K | $54K |
| Royalty | 10% | 14% |
| Closed or left per year | 41.7% | 9.7% |
| Change in franchised locations, 3 yrs | +100% | −3.5% |
| Shares earnings figures | Yes | 5 of 6 |
Typical is the median across the 6 brands in tax franchises.
