Ivan Ramen

The vendor opportunity at Ivan Ramen

Ivan Ramen presents a micro-opportunity for software vendors. The brand operates just 2 total units, split evenly between 1 company-owned location and 1 franchised location. This footprint makes it one of the smallest targets in the quick-service restaurant segment. For a vendor, the total addressable market is precisely these two locations. There is no disclosed year-over-year unit growth, and our corpus maps no multi-unit operators, meaning the single franchisee is the only external buyer beyond the corporate entity. The average unit volume (AUV) is not available in the most recent FDD. The royalty rate stands at 5.0% of gross sales, and the initial franchise term is 10 years.

Who controls software purchasing

Purchasing authority is highly centralized. The Franchise Disclosure Document identifies Ivan Orkin as Chief Executive Officer and Manager, and Chad Combs as Chief Operating Officer and Secretary. Dale Watkins serves as Culinary Director. In a system this small, the CEO and COO are the de facto technology decision-makers. There is no separate CIO, CTO, or VP of IT listed. A vendor’s path to a sale runs directly through this executive team at the New York headquarters. The absence of a parent company or private equity sponsor means decisions are made in-house without external portfolio influence.

Mandated and current tech stack

The technology landscape is sparse but specific. The FDD mandates Toast by Toast, Inc. as the point-of-sale system for the brand. This is the only named technology vendor in our corpus. No other systems—whether for back-of-house, payroll, inventory, or guest engagement—are disclosed as mandated or recommended. This creates a clear integration point for vendors whose products complement or enhance the Toast ecosystem. Any pitch should acknowledge the existing Toast mandate and position your software as a value-add layer on top of that foundation.

Procurement, renewals, and timing

Procurement rules are opaque. The FDD’s Item 8, which typically details whether the franchisor designates suppliers, approves them, or leaves purchasing open, provided no extract in our data. This means the procurement model is not publicly known from the filing. On renewals, the Item 17 signal shows a single successor agreement is available for a 10-year term, provided the franchisee gives notice between 6 and 9 months before the initial term expires and is in good standing. With only one franchised unit, any technology contract tied to that location will have a renewal window dictated by its specific agreement start date. There is no broad, system-wide refresh cycle to target.

How to read the Ivan Ramen FDD

The 2026 Ivan Ramen Franchise Disclosure Document is the primary source for all the data points above. It is filed with state franchise regulators and contains the legal and operational disclosures that govern the franchise relationship. For software vendors, the critical sections are Item 11 (franchisor’s obligations), which surfaces the Toast mandate, and Item 17 (renewal, termination, transfer), which outlines the contract lifecycle. The full document is embedded below for your own review. When you are ready to move beyond a single-brand deep dive, FranCloud can help you build a ranked target list across the entire franchise universe.