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From the filings
HQ + multi-unit
Peace, Love and Little Donuts
Quick service restaurantPeace, Love and Little Donuts' most recent FDD, from 2023, discloses 27 locations — 24 franchised and 3 company-owned — after an 11.1% decline in unit count over the year, on a 6.0% royalty and a ten-year initial term. Item 1 names Ron Razete as Founder, President and CEO and Jeff Bennett as Director of Franchise Operations; no CIO or CTO is disclosed, and there is no parent company on file. The filing mandates no technology: Square appears in a fee or usage clause and Intuit is named in the document, but nothing in the FDD requires either one.
For software vendors selling into US franchise brands.
Live signals
Total units
27
24 franchised
Unit growth YoY
-11.111%
vs prior filing
AUV
—
Item 19, 2023
Royalty
6%
of gross sales
Ad fund
1%
national + local
Initial fee
$40K
per unit
Investment range
$121K–$235K
all-in, Item 7
Procurement
Approved supplier
from the filing
Non-compete
1 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.
7%of gross sales (FY2023)
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.
SquareBlock
e the overall effectiveness and competitiveness of your business. We do not expect these upgrades to exceed $2,000 per full time manager used by you in any 24-month period. 2. The Square POS Database
Franchisor behaviours
What the franchisor requires
22 requirements the franchisor states in this filing, each in its own words; 5 explicit no's; 7 questions the text does not settle, which is not a no.
Accounting
Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?
YesItem 11
Under the Franchise Agreement, we have unlimited independent access to the information for any proper purpose under the Agreement.
Must the franchisee submit periodic financial statements (monthly, quarterly or annual) to the franchisor?
YesFranchise agreement
Franchisee shall, on monthly basis or at such other intervals as specified by Franchisor, provide Franchisor with such report(s), in the form(s) specified by Franchisor, as Franchisor may require, and at such times as Franchisor may require, including, but not limited to, reports of Gross Revenues, reports of…
How the franchisor buys
Is the franchisor or an affiliate itself a supplier of required products, services or systems?
YesItem 8
Such supplier(s) may be or include us or an affiliate, and we or our affiliate may be the only designated or approved supplier or source of supply for these items.
Does the franchisor reserve the right to change designated suppliers or systems at any time?
YesItem 16
We may change the System or any part of the System at any time, and as changed it will remain the System.
How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?
0Item 8
We did not receive any revenue from franchisee purchases of goods, products and services from us or as otherwise described in this Item 8.
Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?
YesItem 8
We and our affiliates reserve the right to receive fees, payments, rebates, commissions or other consideration from third party manufacturers, suppliers, and/or distributors on their sales of products, services, equipment, goods and supplies to our affiliate and our franchisees.
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?
90Item 8
We estimate that your purchases of goods and services from approved sources will represent approximately 90 to 100% of your total purchases in connection with establishing your Peace, Love and Little Donuts business and approximately 90 to 100% of your total purchases in connection with operating the Peace, Love and…
Does the franchisor charge a fee to evaluate a proposed supplier?
YesFranchise agreement
Franchisor may charge a reasonable fee to cover its costs in evaluating a proposed supplier.
Can a franchisee propose a new supplier for the franchisor's approval?
YesItem 8
We may approve other vendors if you request it in writing or if a vendor requests it and if the vendor demonstrates to our satisfaction that it is financially stable and can provide product(s) or service(s) that meet our specifications and that are consistent with our image.
Communications
Does the franchisor own or control the business telephone numbers, or take them over when the agreement ends?
YesFranchise agreement
Franchisee acknowledges that Franchisor owns, in connection with the Marks, all goodwill associated with or to become associated with the telephone numbers and telephone listings and agrees to execute an Assignment of Telephone Numbers in the form of Exhibit 6 attached.
Franchise management
Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?
YesFranchise agreement
Franchisor shall have the right, at any time, to enter the Premises (either physically or electronically) for purposes of auditing the accuracy of reports submitted and to otherwise verify compliance with the terms and conditions of this Agreement.
Can the franchisor change the operations manual and brand standards unilaterally?
YesItem 11
We reserve the right to change the Operations Manual at any time.
Must the franchisor approve the franchisee's site or location before opening?
YesItem 11
Review and approve or disapprove the location you choose to operate the business (Franchise Agreement - Articles 1 & 7) as follows:
Marketing
Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?
YesFranchise agreement
Franchisee shall not use the Marks in any manner not specifically approved by Franchisor, including, without limitation, as part of any domain name or other address on any portion of the Internet or any new medium, including as part of any meta tag(s) or similar use.
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
We require that during the term of the Franchise Agreement, you spend, on an annual basis, a minimum of two percent (2 %) for local advertising and promotion.
Operations
Must the franchisee buy products from a designated distributor?
YesItem 8
You must purchase from us or a supplier we approve all equipment, supplies and inventory necessary to start or operate your Peace, Love and Little Donuts® business.
Must equipment be purchased from designated or approved suppliers?
YesItem 8
You must purchase from us or a supplier we approve all equipment, supplies and inventory necessary to start or operate your Peace, Love and Little Donuts® business.
Payments
Are royalties and other fees collected by automatic bank debit (ACH or electronic funds transfer) from the franchisee's account?
YesFranchise agreement
Royalties and Marketing Fees are payable monthly by automatic electronic withdrawal.
People
Does the franchisor require minimum staffing levels or specific roles?
YesItem 15
You must at all times have at least one manager.
Point of sale
Must the franchisee use a specific point-of-sale system designated or approved by the franchisor?
YesItem 11
We will require you to purchase specified point of sale or register equipment and software and/or portable hand-held devices.
Does the franchisor have independent access to the data in the franchisee's POS or computer system?
YesItem 11
Under the Franchise Agreement, we have unlimited independent access to the information for any proper purpose under the Agreement.
Training
Can the franchisor charge the franchisee for additional, refresher or remedial training?
YesFranchise agreement
Franchisor may require Franchisee and Franchisee's manager and employees to complete additional training at a location determined in Franchisor's sole discretion.
The filing answers no to 5 questions
- Is there a franchisee advisory council, association or committee?Item 11
- Must the franchisee participate in a customer-satisfaction or net-promoter survey program?Franchise agreement
- Is a minimum grand opening advertising spend required?Franchise agreement
- Must the franchisee participate in a regional advertising cooperative when one exists?Item 11
- Must the franchisee use a payment processor or merchant-services provider designated or approved by the franchisor?Franchise agreement
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
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The vendor opportunity at Peace, Love and Little Donuts
Peace, Love and Little Donuts is a quick-service restaurant brand headquartered in Pennsylvania, and the most recent FDD on file is from 2023. That filing reports 27 total locations — 24 franchised and 3 company-owned — with a 6.0% royalty and a ten-year initial term. Average unit volume is not disclosed in the most recent FDD. Unit count fell 11.1% year over year, and that is the number to price into any forecast: the system contracted rather than grew in the disclosed period, so a vendor should expect the addressable base to be 24 franchised operators at most, not a pipeline of new openings. Nothing is locked down, though: with no technology mandate in the filing, every category is still winnable one operator at a time.
Who controls software purchasing
Item 1 names two people. Ron Razete is Founder, President and CEO — the owner-operator seat, and the signer for anything system-wide. Jeff Bennett is Director of Franchise Operations, which is the evaluator seat for anything that touches store operations, training, or the operations manual. No CIO, CTO, or other technology officer is disclosed in the most recent FDD, and no parent company is on file — the brand appears independently owned. The buying model is genuinely mixed. Headquarters can set a standard through the operations manual, but because the filing imposes no technology obligation, the 24 franchised operators retain the practical decision for their own stores. Our mapping is thin: 2 operators across roughly 2 located units, neither multi-unit, one in Wisconsin and one in Pennsylvania. With no multi-unit tier to sell through, a vendor works headquarters for endorsement, then sells store by store.
Tech named in the FDD, and what is actually required
The 2023 FDD mandates no technology at all. Two systems appear in the document. Square shows up in a fee or usage clause, and Intuit is named only — but neither carries a requirement, so neither can be treated as installed or as an incumbent to displace. The FDD names them; that tells you what the drafter had in mind when writing about payments and bookkeeping, and nothing more. Writing it any other way would put a vendor relationship on record that the filing does not support. For a software seller, this is the open case rather than a gap in the data: point of sale, payments, accounting, online ordering, loyalty, and labor scheduling all sit uncommitted on the face of this filing, with no contractual technology obligation written against any operator.
Procurement, renewals, and timing
Item 8 is where designated-supplier and approved-supplier requirements normally sit, and this filing produced no Item 8 extract, so whether the brand runs a designated, approved, or open procurement model is not established by the data we hold. Item 17 is short and conditional: if the franchisee is in good standing and the franchisor continues the system in that area, renewal is available for two additional terms of ten years each, under the then-current agreement, which may be materially different from the one being offered today. That is a franchisor-discretion clause rather than a fixed right, and paired with an 11.1% unit decline it suggests renewals are being evaluated case by case. For timing, that means the reliable window is not a system-wide refresh cycle but the individual operator's own equipment and contract turnover.
How to read the Peace, Love and Little Donuts FDD
The 2023 document was filed with state franchise regulators, and the full PDF is embedded in the viewer below. Item 1 gives the executives named above; Item 8 covers supplier obligations; Item 11 covers computer systems and required technology; Item 17 covers renewal and the good-standing conditions; Item 20 carries the unit tables behind the 27-unit count and the year-over-year decline. If you want this brand scored against the rest of the US franchise corpus and returned as a ranked target list, talk to FranCloud.
Questions vendors ask
Peace, Love and Little Donuts, answered from the filing
Item 1 names Ron Razete, Founder, President and CEO — the signer — and Jeff Bennett, Director of Franchise Operations, the likely evaluator. No CIO or CTO is disclosed in the most recent FDD, and no parent company is on file. Because the filing mandates nothing, 24 franchised operators still buy for themselves.
None. The 2023 FDD mandates no technology. Square appears in a fee or usage clause and Intuit is named in the document, but the filing requires neither — it names them, which is not the same as the brand running them. Point of sale and accounting read as open categories, not incumbent-held.
The 2023 FDD reports 27 total locations — 24 franchised and 3 company-owned — in the quick-service restaurant segment, down 11.1% year over year. Our mapping places roughly 2 of those units, across 2 single-unit operators, in Wisconsin and Pennsylvania; the rest are not located in our data.
Not established. Item 8 — where designated-supplier and approved-supplier obligations live — produced no extract from this filing, so we cannot say whether the brand runs a designated, approved, or open model. The closest signal we hold is that the filing mandates no technology on any operator.
The initial term is ten years, renewable for two further ten-year terms if the franchisee is in good standing and the system continues in the area, under a then-current agreement that may differ materially. With no mandated stack and a contracting footprint, individual franchisee decisions, not a system-wide renewal, are the realistic entry point.
It was filed with state franchise regulators in 2023. The full PDF is embedded in the viewer below — read Item 1 for the executives, Item 8 for supplier obligations, Item 11 for computer systems and required technology, Item 17 for renewal, and Item 20 for the unit tables behind the 27-unit count.
Source
Read the filing itself
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FDD alert
Tell me when this brand refiles.
We’ll email you the moment Peace, Love and Little Donuts files a new annual FDD, usually the freshest signal of a vendor change.
Operator footprint
Who runs the locations
1 operators run 1 mapped locations. 0 of them are multi-unit. Aggregate counts from the filing; no names.
Operators by units owned
Single-unit1
Top states by locations
| PA | 1 |
|---|
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Primary franchise filings · updated August 2026. Every figure is source-traceable and QA-checked.