From the filings

HQ-led decisions

Perkins Restaurant and Bakery

Quick service restaurant

Perkins Restaurant and Bakery's headquarters mandates Olo and the Oracle MICROS POS system today, while actively piloting a new POS vendor. The system spans 257 units, 175 of them franchised, reporting a $1,933,346 Item 19 figure.

For software vendors selling into US franchise brands.

Live signals

Total units
257
175 franchised
Unit growth YoY
-4.372%
vs prior filing
AUV
$1.93M
Item 19, 2024
Royalty
4%
of gross sales
Ad fund
3%
national + local
Initial fee
$40K
per unit
Investment range
$579K–$3.58M
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.

7%of gross sales (FY2026)

Ongoing fees: 7% of gross sales (FY2026)Royalty 4%, Ad fund 3%. Total 7% of gross sales. Drawn against a 15% reference scale.

15% reference

Royalty 4%Ad fund 3%

Mandated & recommended tech

The systems vendors compete with

2 of these are mandated in the franchise agreement. Each is named in Item 11 of the filing, the incumbents a challenger must displace or integrate with.

OloOlo
Mandatory
DeliveryItem 11

re may also be one- time activation fees assessed at time of implementation.  You must participate in online ordering through the designated vendor, currently Mobo Systems, Inc. (Olo). Perkins requir

Oracle MICROSOracle
Mandatory
POSItem 11

place at your Franchise, and you must provide this data to Perkins in a format and manner approved by Perkins. As a means to provide this data, we currently require you to use the Micros POS but are m

CrunchTimeCrunchTime
InventoryItem 6

er Feedback Currently includes Annually at the See Notes 5 and 6. Program an annual fee (which beginning of each is currently $265 and fiscal year or is paid by Perkins). monthly. CrunchTime Labor Cur

FacebookMeta
MarketingItem 11

ations that can be accessed through electronic means, including, but not limited to, the Internet, World Wide Web, webpages, microsites, social or business networking sites (e.g., Facebook, Twitter, I

Google Business ProfileGoogle
MarketingItem 11

g, but not limited to, the Internet, World Wide Web, webpages, microsites, social or business networking sites (e.g., Facebook, Twitter, Instagram, LinkedIn, YouTube, Google Plus, Google My Business,

InstagramMeta
MarketingItem 11

accessed through electronic means, including, but not limited to, the Internet, World Wide Web, webpages, microsites, social or business networking sites (e.g., Facebook, Twitter, Instagram, LinkedIn,

LinkedInLinkedIn
MarketingItem 11

rough electronic means, including, but not limited to, the Internet, World Wide Web, webpages, microsites, social or business networking sites (e.g., Facebook, Twitter, Instagram, LinkedIn, YouTube, G

PinterestPinterest
MarketingItem 11

o, the Internet, World Wide Web, webpages, microsites, social or business networking sites (e.g., Facebook, Twitter, Instagram, LinkedIn, YouTube, Google Plus, Google My Business, Pinterest, Foursquar

TwitterX
MarketingItem 11

t can be accessed through electronic means, including, but not limited to, the Internet, World Wide Web, webpages, microsites, social or business networking sites (e.g., Facebook, Twitter, Instagram,

YouTubeGoogle
MarketingItem 11

tronic means, including, but not limited to, the Internet, World Wide Web, webpages, microsites, social or business networking sites (e.g., Facebook, Twitter, Instagram, LinkedIn, YouTube, Google Plus

Franchisor behaviours

What the franchisor requires

27 requirements the franchisor states in this filing, each in its own words; 5 explicit no's; 2 questions the text does not settle, which is not a no.

Accounting

Must the franchisee submit periodic financial statements (monthly, quarterly or annual) to the franchisor?

Yes

Franchise agreement

Operator shall prepare and deliver to Company on a monthly basis, no later than the twentieth day of each month, an unaudited profit and loss statement in a form satisfactory to Company acting in its sole and subjective discretion covering Operator’s business for the prior month and such additional reports as Company…

How the franchisor buys

Is the franchisor or an affiliate itself a supplier of required products, services or systems?

Yes

Item 8

At this time, our affiliate, HHI, is an approved supplier of items that franchisees of Perkins Restaurants may elect to purchase, but HHI currently is not a required or sole supplier of any items that franchisees must purchase for use in their Perkins Restaurants but may be in the future.

Is there a franchisee advisory council, association or committee?

Yes

Item 11

Perkins has formed a franchisee advisory council that provides advice to Perkins on various matters, including advertising matters.

Does the franchisor reserve the right to change designated suppliers or systems at any time?

Yes

Franchise agreement

or to change suppliers for any other reason.

How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?

0

Item 8

During Perkins’ last fiscal year (May 1, 2024 to April 29, 2025), Perkins did not sell products to Perkins franchisees.

Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?

Yes

Item 8

During the last fiscal year, the total amount of rebates that Perkins received from third-party suppliers based on franchisees’ purchases from them were approximately $94,716.

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?

80

Item 8

Perkins estimates that the cost of items to be purchased in accordance with its specifications and from designated or approved suppliers will represent 75 to 80% of your total purchases in establishing your Franchise, and that purchases of these items will represent 80 to 90% of your overall purchases in operating…

Does the franchisor charge a fee to evaluate a proposed supplier?

Yes

Franchise agreement

Operator shall pay a fee to Company for such testing.

Can a franchisee propose a new supplier for the franchisor's approval?

Yes

Item 8

If you want to purchase or lease items or services from an unapproved supplier, you must submit a written request for approval to Perkins

Communications

Does the franchisor own or control the business telephone numbers, or take them over when the agreement ends?

Yes

Franchise agreement

Take such action as may be required by Company to transfer and assign to Company or its designee all telephone numbers, white and yellow page telephone references and advertisements, and all trade and similar name registrations and business licenses, domain names, websites, email addresses, and any other print and…

Data and IT

Must the franchisee comply with PCI, data-security or cybersecurity standards set by the franchisor?

Yes

Franchise agreement

Operator agrees to comply with the then current Payment Card Industry Data Security Standards (“PCI Standards”) as those standards may be revised and modified by the PCI Security Standards Council, LLC

Franchise management

Must the franchisee participate in a customer-satisfaction or net-promoter survey program?

Yes

Item 6

You must participate in the customer feedback program that Perkins designates.

Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?

Yes

Item 11

Periodically evaluate your Franchise and the products and services you offer (Franchise Agreement Section 4(b)(iv)).

Can the franchisor change the operations manual and brand standards unilaterally?

Yes

Item 14

Perkins may revise the contents of the Manuals, and you must comply with each new or changed standard.

Must the franchisor approve the franchisee's site or location before opening?

Yes

Item 11

Until we have given our written acceptance, a site will not be “accepted.”

Marketing

Is a minimum grand opening advertising spend required?

Yes

Item 11

you must spend an amount that we designate in your Franchise Agreement, ranging from $5,000 (in the case of a transfer) to $15,000 on local promotion and a grand opening event for your unit’s initial opening (the “Grand Opening Program”), according to Perkins’ specifications.

Is the franchisee required to spend a minimum amount on local advertising or marketing, as a percentage of sales or a fixed amount?

Yes

Franchise agreement

Operator shall spend on a quarterly basis (or such other time period as Company may reasonably specify) at least one percent (1.0%) of the Net Sales on local advertising and promotional activities (the “Local Advertising Requirement”)

Operations

Must the franchisee buy products from a designated distributor?

Yes

Item 8

You must purchase or lease all fixtures, furnishings, signs, equipment, décor, computer systems inventory, uniforms, advertising materials, operational and support services and other supplies, products and materials required for the operation of your Franchise.

Must equipment be purchased from designated or approved suppliers?

Yes

Item 8

As described above, you must purchase or lease fixtures, furnishings and equipment for your Perkins Restaurant that meet Perkins’ specifications from approved suppliers.

Payments

Must the franchisee use a payment processor or merchant-services provider designated or approved by the franchisor?

Yes

Franchise agreement

Operator agrees to maintain, at all times, credit-card relationships with the credit- and debit-card issuers or sponsors, check or credit verification services, financial-center services, merchant service providers, and electronic-fund-transfer systems (together, “Credit Card Vendors”) that Company may periodically…

Are royalties and other fees collected by automatic bank debit (ACH or electronic funds transfer) from the franchisee's account?

Yes

Franchise agreement

Company requires Operator to establish an arrangement for electronic funds transfer or deposit of any payments required hereunder

Must the franchisee participate in a gift card program?

Yes

Item 11

You must participate in a designated gift card program under which you will be charged by a third party for the cards and a cost per transaction, which cannot be reasonably estimated because the rate depends on the volume of transactions.

People

Does the franchisor require minimum staffing levels or specific roles?

Yes

Franchise agreement

Prior to opening the Franchised Business to the public, three (3) designated managers (one of which may be Operator if Operator is an individual) shall have been certified by Company as meeting Company’s qualifications for management of the Unit.

Must employees wear uniforms specified by the franchisor?

Yes

Franchise agreement

To cause its employees to wear apparel which conforms strictly to the specifications, design, color and style approved by Company from time to time.

Point of sale

Must the franchisee use a specific point-of-sale system designated or approved by the franchisor?

Yes

Item 11

You must purchase the POS System and other portions of the Computer System from a third party approved by Perkins

Training

Can the franchisor charge the franchisee for additional, refresher or remedial training?

Yes

Item 6

Also, if we from Initial Training) refresher training require you, your manager or employees to programs but may attend additional or refresher training or change in the future. orientation programs, we may charge a fee Perkins does not for those programs.

Is attendance at an annual convention or conference mandatory for the franchisee?

Yes

Franchise agreement

Operator, an Owner or an individual designated by Operator and approved by Company must, at Operator’s expense attend any Conference Company may specify as mandatory.

The filing answers no to 5 questions
  • Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?Item 11
  • Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?Franchise agreement
  • Must the franchisee participate in a customer loyalty or rewards program?Item 11
  • Must the franchisee participate in a regional advertising cooperative when one exists?Item 11
  • Does the franchisor have independent access to the data in the franchisee's POS or computer system?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.

Sales LeaderRegional 100 499

HQ leadership: CEO/President + VP Ops/Franchise + a first dedicated IT/systems owner.

VP SalesHead of SalesCROSales Director
  1. 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%.
  2. 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.
  3. 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 Perkins Restaurant and Bakery

Perkins Restaurant and Bakery reports an Item 19 figure of $1,933,346 in average 2024 Net Sales across 168 franchised restaurants. The system spans 257 units, 175 of them franchised, part of Elysium Management. The operator footprint maps 91 operators (15 multi-unit) across roughly 238 located units, led by MN, PA, OH, WI, and FL. Franchised outlets fell 4.4% year over year.

Who controls software purchasing

CEO and President Paul Damico leads the headquarters team, with CFO Nicholas Mason and EVP and General Counsel Louis DiPietro. Perkins has the right to designate the Computer System and Required Software every franchisee must purchase and use, including an electronic POS System bought from a third party Perkins approves.

Tech named in the FDD, and what is actually required

Olo and the Oracle MICROS POS system are mandated. Perkins currently requires the Micros POS but is migrating to a new vendor, piloting the replacement as part of its rollout. Franchisees must also participate in online ordering through the designated vendor, currently Mobo Systems, Inc. CrunchTime is in use for the required web-based food and labor cost-control tool, running $100 to $200 per month. Facebook, Google My Business, Instagram, LinkedIn, and Pinterest are named in the filing.

Procurement, renewals, and timing

Item 8 runs an approved-supplier list: franchisees must buy or lease all fixtures, furnishings, signs, equipment, computer systems, uniforms, and technology services only from suppliers Perkins has approved or designated, with a request process for unapproved suppliers Perkins may still disapprove. The royalty runs 4% of sales on a 20-year initial term, with a 10-year renewal available to compliant franchisees.

How to read the Perkins Restaurant and Bakery FDD

The embedded viewer below carries Perkins Restaurant and Bakery's 2026 Franchise Disclosure Document, including the Item 8 and Item 11 language summarized above.

Talk to FranCloud for a ranked list of franchise systems like Perkins Restaurant and Bakery where the technology mandate and procurement structure line up with your product.

Questions vendors ask

Perkins Restaurant and Bakery, answered from the filing

CEO and President Paul Damico leads the headquarters team, with CFO Nicholas Mason and EVP and General Counsel Louis DiPietro, that designates the Computer System and Required Software every restaurant must run.
Perkins obliges franchisees to run Olo and the Oracle MICROS POS system, and to use the designated online-ordering vendor, currently Mobo Systems, Inc. CrunchTime is in use for the required food and labor cost-control tool. Facebook, Google My Business, Instagram, LinkedIn, and Pinterest are named in the filing.
The system counts 257 full-service units, 175 of them franchised, including 6 franchised units in Canada.
Item 8 runs an approved-supplier list: franchisees must buy or lease all fixtures, equipment, computer systems, and technology services only from suppliers Perkins has approved or designated, with a request process for unapproved suppliers.
Perkins is actively migrating its POS System off Micros to a new vendor, currently in pilot as part of its rollout — a live window for vendors, on top of the standard 20-year initial term with a 10-year renewal.
The embedded PDF viewer below carries Perkins Restaurant and Bakery's 2026 Franchise Disclosure Document.
Source

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Perkins Restaurant and Bakery2026 FDDView only

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The brands you can actually sell into, from the filings.

Operator footprint

Who runs the locations

91 operators run 238 mapped locations. 15 of them are multi-unit. Aggregate counts from the filing; no names.

Operators by units owned

Single-unit76
2–9 units10
10–24 units3
25+ units2

Top states by locations

MN44
PA39
OH18
WI15
FL13

Ownership

The portfolio behind Perkins Restaurant and Bakery

pe_firm of Elysium Management.

Related Quick service restaurant brands

Primary franchise filings · updated September 2026. Every figure is source-traceable and QA-checked.