Is Loyalty Business Services or Ledgers cheaper to open?

Loyalty Business Services costs $48,200–$89,700 and Ledgers costs $48,200–$89,700 to open (FDD Item 7). Loyalty Business Services has the lower entry cost.

Which is the better franchise, Loyalty Business Services or Ledgers?

FranchiseVerdict grades Loyalty Business Services B and Ledgers F, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

Loyalty Business Services vs Ledgers

Franchise Comparison 2026

Both Loyalty Business Services and Ledgers are financial services franchises. Loyalty Business Services requires an investment of $48K – $90K while Ledgers requires $48K – $90K. Loyalty Business Services discloses average revenue of $294K; Ledgers makes no financial performance representation in its Item 19, which is voluntary under the FTC Franchise Rule. Note: Averaged per office, not per outlet - not comparable with per-outlet figures; Based on only 2 offices. FranchiseVerdict rates Loyalty Business Services B (Above average) and Ledgers F (Weakest tier).

Metric	Loyalty Business Services	Ledgers
Verdict Grade	BAbove average	FWeakest tier
Investment Range	$48K – $90K	$48K – $90K
Franchise Fee	$35K	$35K
Royalty Rate	10.0%	10.0%
Average Revenue (Item 19)	$294KPer office, not per outlet · n=2	N/ANo Item 19 representation
SBA Charge-Off Rate	N/A	N/A
Total Units	16	2
Unit Growth (YoY)	+14 units	-2 units
Year Began Franchising	2020	2020
FDD Year	2026	2025