Ledgers Franchise FDD, Profits & Costs (2025)
Ledgers is a franchise specializing in professional financial services, providing small business owners with support in areas such as bookkeeping, accounting, tax preparation, payroll, and advisory solutions.
The company traces its beginnings to 1994, when a team of accountants in Sydney, Nova Scotia, set out to deliver cost-effective and reliable financial services designed for entrepreneurs.
Just three years later, in 1997, Ledgers launched its franchise model. By 2000, its head office had moved to Newmarket, Ontario. The brand expanded into the United States in 2019 with a location in Virginia Beach, Virginia, and started offering U.S. franchise opportunities the following year, in 2020.
What sets Ledgers apart is its unique centralized processing system. This structure allows franchise owners to concentrate on building client relationships and growing their business, while much of the technical and administrative work is managed by the brand’s support team.
Initial Investment
How much does it cost to start a Ledgers franchise? It costs on average between $28,000 – $70,000 to start a Ledgers franchised facility.
This includes expenses related to office setup, technology systems, training, and initial operating costs. The total investment varies based on several factors, such as the size and location of the office, local market conditions, and whether the franchisee chooses to lease or purchase the workspace.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $15,000 |
| Construction & Leasehold Improvements | $0 – $10,000 |
| Furniture, Fixtures and Equipment | $0 – $7,000 |
| Interior & Exterior Signage | $0 – $3,000 |
| Rent and Security Deposit | $0 – $6,000 |
| Software and Software Support Services | $100 – $500 |
| Computer Systems & Connectivity | $2,500 – $4,000 |
| Training Travel and Living Expenses | $1,000 – $2,000 |
| Opening Inventory & Supplies | $500 – $1,500 |
| Permits and Licenses | $700 |
| Utilities | $500 – $1,000 |
| Insurance | $400 – $500 |
| Professional Fees | $2,500 – $3,500 |
| Additional Funds – 3 months | $5,000 – $15,000 |
| Total | $28,200 – $69,700 |
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Frequently Asked Questions
How many Ledgers locations are there?
As of the most recent data, Ledgers operates 4 locations across Canada, all of them franchise-owned.
What is the total investment required to open a Ledgers franchise?
The total investment required to open a Ledgers franchise ranges from $28,000 to $70,000.
What are the ongoing fees for a Ledgers franchise?
The ongoing fees for a Ledgers franchise include a royalty fee of 7% of gross revenues, which is paid to the franchisor on an ongoing basis. In addition, franchisees contribute 1% of their gross revenues to the brand’s marketing and advertising fund.
What are the financial requirements to become a Ledgers franchisee?
Ledgers franchisees are generally expected to have a minimum net worth of around $100,000 to ensure overall financial stability. In addition, prospective franchisees should have at least $50,000 in liquid capital available to cover startup expenses, working capital, and initial operating costs.
Who owns Ledgers?
Ledgers franchise is owned by Ledgers Canada, a company founded in 1994 in Sydney, Nova Scotia, by a group of accountants who sought to provide affordable, high-quality financial services to small businesses.
Disclaimer
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