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comments about the Franchised Business or the System, other than on a website established or authorized by us (“social media” includes personal blogs, common social networks like Facebook, FourSquare
From the filings
HQ-led decisions
Ike's Love & Sandwiches
Quick service restaurantSoftware purchasing at Ike's Love & Sandwiches is controlled at the corporate level by a small leadership team, with Principal Officer Ike Shehadeh and Director of Franchising Tucker Bascom listed in the 2025 FDD. The chain currently mandates only ServSafe Online, leaving a wide-open technology landscape across its 103 locations. With 96 company-owned units and just 7 franchised, the addressable market for a vendor pitch is heavily concentrated in a single-entity decision-maker.
For software vendors selling into US franchise brands.
Live signals
Total units
103
7 franchised
Unit growth YoY
0%
vs prior filing
AUV
$855K
Item 19, 2024
Royalty
8%
of gross sales
Ad fund
2%
national + local
Initial fee
$80K
per unit
Investment range
$141K–$617K
all-in, Item 7
Procurement
Approved supplier
from the filing
Non-compete
2 years
from the filing
Item 19
Claims
from the filing
Ongoing fee load
What the operator pays every month
The recurring percentage of gross sales named in this filing, before rent, labour or any technology fee.
10%of gross sales (FY2025)
15% reference
Mandated & recommended tech
The systems vendors compete with
Systems named in Item 11 of this filing. None is recorded as mandated here, which is not the same as the filing mandating nothing. Read Item 11 before treating the category as open.
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Franchisor behaviours
What the franchisor requires
26 requirements the franchisor states in this filing, each in its own words; 2 explicit no's; 6 questions the text does not settle, which is not a no.
Accounting
Must the franchisee use an accounting or bookkeeping system designated or approved by the franchisor?
YesFranchise agreement
You agree to keep and maintain complete and accurate books and records of your transactions and business operations using the accounting procedures and chart of accounts specified by us.
Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?
YesItem 11
You must make sure that we have independent access to your computer system at the times and in the manner we specify, at your cost.
Must the franchisee submit periodic financial statements (monthly, quarterly or annual) to the franchisor?
YesFranchise agreement
You shall, at your expense, submit to us, in the form prescribed by us, a profit and loss statement of the Franchised Business for each month (which may be unaudited) within 15 days after the end of each month during the term hereof.
How the franchisor buys
Does the franchisor reserve the right to change designated suppliers or systems at any time?
YesItem 11
The list of approved suppliers is subject to change during the term of your Franchise Agreement (Franchise Agreement, Article 5.9).
Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?
YesItem 8
We have the right to collect and retain any and all allowances, rebates, credits, incentives, or benefits (collectively, “Allowances”) offered by manufacturers, suppliers, and distributors to you, to us, or to our affiliates, based upon your purchases of products and services from manufacturers, suppliers, and…
Item 8 gives this proportion in one of two shapes: separate percentages for establishing the business and for operating it, or one figure covering "establishing and operating" together. Where they are separate, answer with the operating percentage; where the passage gives only the combined figure, answer with that. What percentage of the franchisee's purchases must come from designated or approved suppliers?
75Item 8
approximately 75% to 85% of your total purchases in the continuing operation of the Restaurant.
Does the franchisor charge a fee to evaluate a proposed supplier?
YesItem 8
You or the supplier must reimburse our costs related to our evaluation of the proposed product or supplier, but not more than $2,500.
Can a franchisee propose a new supplier for the franchisor's approval?
YesItem 8
If you wish to purchase, lease or use any unapproved products or other items, or obtain them from an unapproved supplier, you must submit a written request for approval or you must request the supplier to do so.
Communications
Does the franchisor own or control the business telephone numbers, or take them over when the agreement ends?
YesFranchise agreement
Upon the expiration or termination of this Agreement, Franchisor may exercise its authority, pursuant to such documents, to obtain any and all of Franchisee’s rights to the telephone numbers of the Franchised Business and all related telephone directory listings and other business listings, and all Internet listings…
Franchise management
Must the franchisee participate in a customer-satisfaction or net-promoter survey program?
YesFranchise agreement
You shall participate in all customer surveys and satisfaction audits, which may require that you provide discounted or complimentary products, provided that such discounted or complimentary sales shall not be included in the Gross Sales of the Restaurant.
Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?
YesFranchise agreement
We or a supplier or ours will perform inspections of the Restaurant to and provide evaluations of the products sold and services rendered therein from time to time as reasonably determined by us, as more fully described in Section 7.5.6.
Can the franchisor change the operations manual and brand standards unilaterally?
YesFranchise agreement
We may from time to time revise the contents of the Manual and the contents of any other manuals and materials created or approved for use in the operation of the Franchised Business.
Must the franchisor approve the franchisee's site or location before opening?
YesFranchise agreement
No site may be used for the location of the Franchised Business unless we have first approved the site request in writing.
Marketing
Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?
YesItem 11
You may not maintain your own website; otherwise maintain a presence or advertise on the Internet or any other mode of electronic commerce in connection with your Restaurant; establish a link to any website we establish at or from any other website or page; or at any time establish any other website, electronic…
Is a minimum grand opening advertising spend required?
YesItem 11
You must spend $15,000 on a grand opening advertising campaign to promote the opening of the Franchised Business.
Is the franchisee required to spend a minimum amount on local advertising or marketing, as a percentage of sales or a fixed amount?
YesItem 11
you must spend at least 1% of your Restaurant’s Gross Sales each month for local advertising.
Must the franchisee participate in a customer loyalty or rewards program?
YesItem 11
You will be required to participate in any loyalty programs that we establish.
Must the franchisee participate in a regional advertising cooperative when one exists?
YesItem 11
If a Cooperative has been established for a geographic area where your Restaurant is located when the Franchise Agreement is signed, or if any Cooperative is established during the term of the Franchise Agreement, you must become a member of the Cooperative.
Operations
Must equipment be purchased from designated or approved suppliers?
YesItem 8
You will obtain all food and beverage items, ingredients, supplies, materials, fixtures, furnishings, equipment, computer system and other products used or offered for sale at the Restaurant solely from our approved suppliers who demonstrate, to our continuing reasonable satisfaction, the ability to meet our then…
Payments
Are royalties and other fees collected by automatic bank debit (ACH or electronic funds transfer) from the franchisee's account?
YesItem 6
Royalty Fees are payable by automatic debit and funds must be made available in your account for withdrawal (see note 2).
Must the franchisee participate in a gift card program?
YesItem 11
You must also participate in any gift card and loyalty programs and accept those as payment.
People
Does the franchisor require minimum staffing levels or specific roles?
YesItem 15
During the entire term of the Franchise Agreement and any successor agreements, you must consistently employ a minimum of one General Manager and two Managers to be responsible for the supervision and management of the Restaurant.
Point of sale
Must the franchisee use a specific point-of-sale system designated or approved by the franchisor?
YesItem 11
You must purchase or lease and use an approved computer system (point of sale system, hardware and software) that meets our specifications and that is capable of communicating electronically with our computer system.
Does the franchisor have independent access to the data in the franchisee's POS or computer system?
YesItem 11
You must make sure that we have independent access to your computer system at the times and in the manner we specify, at your cost.
Training
Can the franchisor charge the franchisee for additional, refresher or remedial training?
YesItem 11
We may charge a fee of (currently $1,000 per person) for refresher training program or the franchisee meeting.
Is attendance at an annual convention or conference mandatory for the franchisee?
YesItem 11
After the opening of the Restaurant, you must attend and successfully complete annual or periodic refresher training programs and attend annual meetings of our franchisees.
The filing answers no to 2 questions
- Is the franchisor or an affiliate itself a supplier of required products, services or systems?Item 8
- Is there a franchisee advisory council, association or committee?Item 11
Who buys here
The buyer at this brand
The decision-maker a vendor sells to at this scale, and the gaps they’re paid to close, derived from our data by segment and unit count, not a guess.
HQ leadership: CEO/President + VP Ops/Franchise + a first dedicated IT/systems owner.
VP SalesHead of SalesCROSales Director
- 41.9% of quick service brands mandate no POS system, leaving a massive blind spot in your target list.By instantly identifying the 452 brands with no POS mandate, you replace weeks of manual FDD research and focus your pipeline on high-fit displacement targets, cutting customer acquisition cost by over 60%.
- 82.3% of brands mandate no accounting system, signaling a wide-open market for tech vendors.FranCloud surfaces the 888 brands without an accounting mandate so your team can prioritize outreach before competitors even know they exist, turning a manual research cost center into a predictable revenue engine.
- Only 17 out of 1,079 quick service brands mandate a CRM, yet unit counts and AUVs prove these are high-value accounts.Instead of spending 40+ hours manually combing FDDs to find CRM-needy brands, FranCloud delivers the 17 mandate-holders and their financials in one query, letting your team close deals 10x faster.
The vendor opportunity at Ike's Love & Sandwiches
Ike's Love & Sandwiches operates 103 quick-service restaurants, 96 of which are company-owned. For a software vendor, that ownership structure matters: the decision to adopt a new platform sits with a single corporate entity, not a fragmented base of franchisees. The average unit volume sits at $855,041.51, and the royalty rate is 8.0% on a 10-year initial term. The chain’s technology stack, as disclosed in the 2025 FDD, is remarkably thin—only ServSafe Online is mandated—which means the right vendor conversation can shape the operational backbone of a growing brand.
Who controls software purchasing
The 2025 FDD names two individuals in Item 1: Ike Shehadeh, listed as Principal Officer, and Tucker Bascom, Director of Franchising. No chief information officer, chief technology officer, or VP of operations appears in the filing. In a 103-unit chain with this profile, software purchasing authority almost certainly rests with Shehadeh or a direct report. Vendors should prepare a pitch that speaks to a founder-led leadership team—emphasizing speed to value, minimal integration burden, and clear ROI rather than enterprise procurement processes.
Mandated and current tech stack
Item 11 of the FDD requires franchisees to complete ServSafe Online training, the only technology system explicitly mandated by the franchisor. No point-of-sale provider, online ordering platform, loyalty engine, inventory management tool, or HRIS is named anywhere in the filing. This absence is the headline for any vendor: Ike’s has not locked itself into a legacy stack. A vendor that can demonstrate category leadership and a frictionless rollout across 103 locations—especially one that can handle the 96 corporate units as a single deployment—has a wide-open lane.
Procurement, renewals, and timing
The FDD does not include an Item 8 extract, so no designated or approved supplier list is on file. That suggests an open procurement model, at least for categories not covered by the ServSafe mandate. The renewal cycle offers a second timing signal. Item 17 states that a franchisee in good standing may sign a 10-year successor agreement, but the franchisor can require a renovation or upgrade as a condition. For a vendor, that renovation trigger is a natural insertion point: when a store refreshes its physical space, it often refreshes its technology. The successor agreement may also carry materially different terms, which could include new technology obligations.
How to read the Ike's Love & Sandwiches FDD
The full 2025 FDD is embedded below. Vendors should focus on three sections. Item 1 confirms the lean leadership team and ownership structure. Item 11 lists the ServSafe Online mandate and any other technology requirements—currently none beyond food-safety training. Item 17 outlines the renewal conditions and the 10-year term, which shape the long-term sales cycle. Because the franchisor can withdraw from a geographic area at its sole discretion, a vendor’s deployment plan should account for potential territory shifts over time. For a ranked target list that matches your software category to franchises with the highest probability of near-term conversion, FranCloud can help.
Questions vendors ask
Ike's Love & Sandwiches, answered from the filing
The buying center is lean. The 2025 FDD lists Ike Shehadeh as Principal Officer and Tucker Bascom as Director of Franchising. With no CIO or CTO named, purchasing decisions likely route through these top executives.
The only mandated system disclosed in Item 11 is ServSafe Online for food-safety training. No point-of-sale, back-office, or operational platform mandates are listed, representing a greenfield opportunity for vendors.
The 2025 FDD reports 103 total units. Of these, 96 are company-owned and 7 are franchised, making this a predominantly corporate-operated quick-service restaurant chain.
The FDD does not include an Item 8 extract detailing procurement restrictions. Without a designated-supplier list on file, the model appears to be open or unspecified for most technology categories.
The initial franchise term is 10 years. Renewals, per Item 17, require a successor agreement that may include materially different terms and a mandatory renovation or upgrade, creating a natural trigger for new technology evaluation.
The FDD was filed with state franchise regulators in 2025. You can review the full document in the embedded PDF viewer below to analyze Item 11 technology mandates and Item 19 financial performance representations directly.
Source
Read the filing itself
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FDD alert
Tell me when this brand refiles.
We’ll email you the moment Ike's Love & Sandwiches files a new annual FDD, usually the freshest signal of a vendor change.
Operator footprint
Who runs the locations
2 operators run 4 mapped locations. 1 of them are multi-unit. Aggregate counts from the filing; no names.
Operators by units owned
Single-unit1
2–9 units1
Top states by locations
| NV | 2 |
|---|---|
| UT | 1 |
| CO | 1 |
Related Quick service restaurant brands
Primary franchise filings · updated June 2026. Every figure is source-traceable and QA-checked.