FacebookMeta
ll as their registration as part of any user name on any gaming website, social networking website or mobile platform, or video streaming website or mobile platform (such as META (FACEBOOK & INSTAGRAM
From the filings
HQ + multi-unit
Pancheros
Quick service restaurantPancheros' 2026 FDD covers 73 quick-service locations — 48 franchised, 25 company-owned — headquartered in Iowa, with average unit volume of $1,598,867 and a 5% royalty. The filing names Facebook, Instagram, LinkedIn, Snapchat, TikTok, Twitter by X and YouTube without requiring any of them. The FDD makes a financial performance representation, and unit count fell 4% year over year.
For software vendors selling into US franchise brands.
Live signals
Total units
73
48 franchised
Unit growth YoY
-4%
vs prior filing
AUV
$1.60M
Item 19, 2025
Royalty
5%
of gross sales
Ad fund
3%
national + local
Initial fee
$30K
per unit
Investment range
$755K–$1.55M
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.
8%of gross sales (FY2026)
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.
InstagramMeta
n permission. This includes display of the copyrighted works on commercial websites, gaming websites, and social networking web sites or mobile platforms (such as META (FACEBOOK & INSTAGRAM), SNAPCHAT
LinkedInLinkedIn
ser name on any gaming website, social networking website or mobile platform, or video streaming website or mobile platform (such as META (FACEBOOK & INSTAGRAM), SNAPCHAT(SNAP), , LINKEDIN, X(TWITTER)
SnapchatSnapchat
n as part of any user name on any gaming website, social networking website or mobile platform, or video streaming website or mobile platform (such as META (FACEBOOK & INSTAGRAM), SNAPCHAT(SNAP), , LI
TikTokTikTok
g website, social networking website or mobile platform, or video streaming website or mobile platform (such as META (FACEBOOK & INSTAGRAM), SNAPCHAT(SNAP), , LINKEDIN, X(TWITTER),TIKTOK or YOUTUBE),
TwitterX
any gaming website, social networking website or mobile platform, or video streaming website or mobile platform (such as META (FACEBOOK & INSTAGRAM), SNAPCHAT(SNAP), , LINKEDIN, X(TWITTER),TIKTOK or Y
YouTubeGoogle
n commercial websites, gaming websites, and social networking web sites or mobile platforms (such as META (FACEBOOK & INSTAGRAM), SNAPCHAT (SNAP), LINKEDIN, X (TWITTER), TIKTOK or YOUTUBE). We and LDI
Franchisor behaviours
What the franchisor requires
31 requirements the franchisor states in this filing, each in its own words; 2 explicit no's; 1 question 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
Franchisee shall maintain during the term of this Agreement, and shall preserve for the time period specified in the Confidential Operations Manual, full, complete and accurate books, records and accounts in accordance with the standard accounting system prescribed by Franchisor in the Confidential Operations Manual…
Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?
YesItem 11
We have independent access to all information and data contained in the POS System and there are no limitations on our right to access or use any or all information we collect from your POS System.
Must the franchisee submit periodic financial statements (monthly, quarterly or annual) to the franchisor?
YesFranchise agreement
Franchisee shall supply to Franchisor monthly, in the form approved by Franchisor, a profit and loss statement and balance sheet for each calendar month within twenty-five (25) days after the end of that month.
How the franchisor buys
Is the franchisor or an affiliate itself a supplier of required products, services or systems?
YesItem 8
You must purchase certain proprietary ingredients and food products from designated or approved suppliers, which may include us, our affiliate, and/or third-party suppliers.
Does the franchisor reserve the right to change designated suppliers or systems at any time?
YesFranchise agreement
Franchisor may revise the Approved Suppliers List and Approved Supplies List from time to time in its sole discretion and such lists shall be submitted to Franchisee as Franchisor deems advisable.
How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?
17136.90Item 8
In 2025, we derived $17,136.90 as a result of franchisee purchases from Approved Suppliers, which accounted for 0.162% of our total revenue of $10,606,877 as reflected in our most recent audited financial statements.
Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?
YesItem 8
In 2025, we derived $17,136.90 as a result of franchisee purchases from Approved Suppliers, which accounted for 0.162% of our total revenue of $10,606,877 as reflected in our most recent audited financial statements.
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?
100Item 8
Therefore, these purchases and leases are up to 100% of your overall purchases and leases in establishing and then operating your Franchised Restaurant.
Does the franchisor charge a fee to evaluate a proposed supplier?
YesItem 6
You or the proposed supplier must pay the reasonable cost of the inspection and evaluation and the actual cost of the test.
Can a franchisee propose a new supplier for the franchisor's approval?
YesItem 8
If you would like to sell or use any product, material or supply or purchase any products from a supplier not on either of these lists, you must notify us and may need to submit samples and other information to us so that we can make an informed decision as to whether this product or supplier meets our standards.
Communications
Does the franchisor own or control the business telephone numbers, or take them over when the agreement ends?
YesFranchise agreement
Within fifteen (15) days from the date of termination or expiration of this Agreement, Franchisee shall authorize and initiate the transfer (and shall refrain from interfering with the transfer) to Franchisor, or its designee, of all telephone numbers and directory listings used in connection with the Franchised…
Data and IT
Must the franchisee comply with PCI, data-security or cybersecurity standards set by the franchisor?
YesItem 11
The POS System and all hardware and software components you use must conform to all specifications and standards we prescribe, including any then current Payment Card Industry (PCI) or other security standards we specify for non-cash transactions.
Franchise management
Must the franchisee participate in a customer-satisfaction or net-promoter survey program?
YesFranchise agreement
Franchisee agrees to present to its customers the evaluation forms Franchisor periodically prescribes and to participate and/or request its customers to participate in any surveys performed by or for Franchisor.
Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?
YesFranchise agreement
Franchisor may hire outside consultants and vendors to perform certain types of operational inspections and audits.
Can the franchisor change the operations manual and brand standards unilaterally?
YesFranchise agreement
Franchisor shall have the right to add to and otherwise modify the System, Confidential Operations Manual, the Menu Items, Trade Secret Food Products, and other products and services offered by the Franchised Restaurant (such as, but not limited to, the addition, deletion, and modification of Menu Items, operating…
Must the franchisor approve the franchisee's site or location before opening?
YesItem 11
Our prior approval of the site, which will be granted at our sole discretion, is required.
Marketing
Is a minimum grand opening advertising spend required?
YesItem 11
You must comply with our initial marketing campaign requirements, which may include engaging our designated advertising agency or other service providers, and making a required expenditure ranging from $30,000 to $50,000.
Is the franchisee required to spend a minimum amount on local advertising or marketing, as a percentage of sales or a fixed amount?
YesFranchise agreement
Franchisee is required to spend a minimum of three percent (3%) of Gross Revenues on local advertising (the “Local Advertising Spend Requirement”).
Must the franchisee participate in a customer loyalty or rewards program?
YesFranchise agreement
Franchisee shall at all times cooperate with Franchisor and other franchisees of Franchisor and shall actively participate in any and all sales, public relations, advertising, cooperative advertising, and purchasing programs or promotional programs (including, without limitation, product give-away promotions and…
Must the franchisee participate in a regional advertising cooperative when one exists?
YesItem 11
You must participate in and contribute your share to cooperative advertising and promotional programs in the Advertising Coverage Area, however, this amount will be credited toward your local advertising expenditure amount.
Operations
Must the franchisee buy products from a designated distributor?
YesFranchise agreement
Franchisee agrees to purchase only from Franchisor or suppliers designated by Franchisor (“Designated Suppliers”) all goods and services that Franchisor identifies from time to time
Must equipment be purchased from designated or approved suppliers?
YesItem 8
You must purchase certain proprietary ingredients and food products from designated or approved suppliers, which may include us, our affiliate, and/or third-party suppliers.
Payments
Must the franchisee use a payment processor or merchant-services provider designated or approved by the franchisor?
YesItem 11
Provide specifications to you for the POS System you must use, which will include an integrated credit card and gift card program supported by our approved processor.
Are royalties and other fees collected by automatic bank debit (ACH or electronic funds transfer) from the franchisee's account?
YesFranchise agreement
Unless otherwise instructed by Franchisor, all Royalty Fees, Advertising Fund contributions, Local Advertising Required Spend (if any), amounts due for purchases by Franchisee from Franchisor and other amounts which Franchisee owes to Franchisor shall be paid through an Electronic Depository Transfer Account…
Must the franchisee participate in a gift card program?
YesItem 11
Provide specifications to you for the POS System you must use, which will include an integrated credit card and gift card program supported by our approved processor.
People
Does the franchisor require minimum staffing levels or specific roles?
YesFranchise agreement
Franchisee shall maintain a competent, conscientious, and trained staff (who shall have been adequately trained by Franchisee) in numbers sufficient to service customers promptly and properly, including at least a manager or shift leader on duty at all times at which the Store is open (including daily Restaurant…
Must employees wear uniforms specified by the franchisor?
YesFranchise agreement
Franchisee shall, at all times, faithfully, honestly and diligently perform its obligations hereunder and shall not engage in any business or other activities that shall conflict with its obligations hereunder.
Point of sale
Must the franchisee use a specific point-of-sale system designated or approved by the franchisor?
YesItem 11
You must obtain and use the computer-based point-of-sale cash register system and designated back-office solution software that we designate (“POS System”), together with other specified computer hardware and software, in operating your Franchised Restaurant.
Does the franchisor have independent access to the data in the franchisee's POS or computer system?
YesItem 11
We have independent access to all information and data contained in the POS System and there are no limitations on our right to access or use any or all information we collect from your POS System.
Training
Can the franchisor charge the franchisee for additional, refresher or remedial training?
YesItem 6
Additional training is at your cost.
Is attendance at an annual convention or conference mandatory for the franchisee?
YesItem 6
Attendance at the Panchero’s National Franchise Conference or conference designated by franchisor each calendar year will be mandatory but will not last more than four business days.
The filing answers no to 2 questions
- Is there a franchisee advisory council, association or committee?Item 6
- Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?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.
The franchisor's owner/CEO decides; an ops or franchise-development lead may evaluate.
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 Pancheros
Pancheros' 2026 FDD covers 73 quick-service locations — 48 franchised, 25 company-owned — headquartered in Iowa. Average unit volume runs $1,598,867 with a 5% royalty, and the FDD makes a financial performance representation. Unit count fell 4% year over year.
Who controls software purchasing
Item 2 names President, Treasurer and Director Rodney L. Anderson, Vice President of Company Operations and Training Lori Cominsky, Vice President of Franchise Operations Saul Muniz, Director of Franchise Development Joseph Gale, and Director of Design and Construction Shannon Krauss. Twenty-seven mapped operators run the franchised units; three of them operate more than one location, spanning up to 9 locations each. Purchasing splits between this headquarters team and the system's multi-unit operators, concentrated in New Jersey (10), Minnesota (9), Iowa (6), Missouri (5) and North Dakota (4).
Tech named in the FDD, and what is actually required
The FDD requires none of the systems it names. Facebook, LinkedIn, Snapchat, TikTok and Twitter by X appear in Item 13; Instagram and YouTube appear in Item 14. None of the seven carries a contractual requirement.
Procurement, renewals, and timing
Item 8 sets an approved-supplier list, backed by Approved Suppliers and Approved Supplies Lists covering both proprietary and general items; franchisees may propose alternate suppliers for approval. The initial term is 10 years, and two successive 5-year renewal periods are available to franchisees who stay in compliance, meet current training requirements, and sign a general release.
How to read the Pancheros FDD
The Pancheros FDD was filed with state franchise regulators in 2026. The embedded PDF viewer below carries Items 8, 13, 14 and 17 in full. Talk to FranCloud for a ranked list of franchise systems that fit your product.
Questions vendors ask
Pancheros, answered from the filing
Item 2 names President/Treasurer/Director Rodney L. Anderson and Vice President of Franchise Operations Saul Muniz. Pancheros mixes 25 company-owned units with 48 franchised ones run by 27 mapped operators, three of whom operate more than one location — so purchasing splits between headquarters and multi-unit operators.
The FDD requires none of the systems it names: Facebook, LinkedIn, Snapchat, TikTok and Twitter by X appear in Item 13, and Instagram and YouTube appear in Item 14, all without being required.
Pancheros operates 73 locations — 48 franchised, 25 company-owned — led by New Jersey (10), Minnesota (9) and Iowa (6), per the 2026 FDD.
Item 8 sets an approved-supplier list, with Approved Suppliers and Approved Supplies Lists covering proprietary and general items; franchisees may propose alternate suppliers for approval.
The initial term is 10 years, with two successive 5-year renewal periods available on compliance, current training, and a signed release — regular checkpoints as unit count has slipped 4% year over year.
The Pancheros FDD was filed with state franchise regulators in 2026. The embedded PDF viewer below carries Items 8, 13, 14 and 17 in full.
Source
Read the filing itself
Every number on this page traces back to this document. Read it in full, page by page. Buy the original PDF to download, search, and annotate it.
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FDD alert
Tell me when this brand refiles.
We’ll email you the moment Pancheros files a new annual FDD, usually the freshest signal of a vendor change.
Operator footprint
Who runs the locations
27 operators run 41 mapped locations. 3 of them are multi-unit. Aggregate counts from the filing; no names.
Operators by units owned
Single-unit24
2–9 units3
Top states by locations
| NJ | 10 |
|---|---|
| MN | 9 |
| IA | 6 |
| MO | 5 |
| ND | 4 |
Related Quick service restaurant brands
Primary franchise filings · updated September 2026. Every figure is source-traceable and QA-checked.