From the filings

+75% units YoYHQ-led decisions

Riko's Franchise

Quick service restaurant

Riko's Franchise runs 11 quick-service locations in Connecticut, 7 franchised and 4 company-owned, and units are up 75% year over year per the 2025 FDD. The franchisor mandates FoodTec as its back-of-house system, and a dual CFO/CTO title points to a technology-literate HQ.

For software vendors selling into US franchise brands.

Live signals

Total units
11
7 franchised
Unit growth YoY
+75%
vs prior filing
AUV
$1.67M
Item 19, 2024
Royalty
6%
of gross sales
Ad fund
2.5%
national + local
Initial fee
$45K
per unit
Investment range
$1.01M–$1.40M
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.

8.5%of gross sales (FY2025)

Ongoing fees: 8.5% of gross sales (FY2025)Royalty 6%, Ad fund 2.5%. Total 8.5% of gross sales. Drawn against a 15% reference scale.

15% reference

Royalty 6%Ad fund 2.5%

Mandated & recommended tech

The systems vendors compete with

1 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.

FoodTecFoodTec Solutions
Mandatory
POSItem 8

ITEM 8 RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES You must purchase or lease and install all fixtures, furnishings, equipment (including the FoodTec point of sale system), décor items, signs and

FacebookMeta
MarketingItem 11

similar to the Proprietary Marks. You are not permitted to promote your Restaurant or use any of the Proprietary Marks in any manner on any social or networking websites, such as Facebook, Foursquare,

GrubhubGrubhub
DeliveryItem 8

t have any standards or exercise control over any motor vehicle that you use. You may choose to, but are not required to, offer delivery through third-party delivery services like Grubhub and Uber Eat

InstagramMeta
MarketingItem 11

ut the Restaurant or the System, other than on a website established or authorized by us (“social media” includes personal blogs, common social networks like Facebook, Foursquare, Instagram and MySpac

LinkedInLinkedIn
MarketingItem 11

. You are not permitted to promote your Restaurant or use any of the Proprietary Marks in any manner on any social or networking websites, such as Facebook, Foursquare, Instagram, LinkedIn or Twitter,

SyscoSysco
InventoryItem 8

4 your obligation to pay the Brand Development Fee. For the fiscal year ended December 31, 2023, our affiliate received rebates of $79.197.57 resulting from product purchases with Sysco. These Allowan

TwitterX
MarketingItem 11

t permitted to promote your Restaurant or use any of the Proprietary Marks in any manner on any social or networking websites, such as Facebook, Foursquare, Instagram, LinkedIn or Twitter, without our

Uber EatsUber
DeliveryItem 8

tandards or exercise control over any motor vehicle that you use. You may choose to, but are not required to, offer delivery through third-party delivery services like Grubhub and Uber Eats. All adver

Franchisor behaviours

What the franchisor requires

24 requirements the franchisor states in this filing, each in its own words; 5 explicit no's; 5 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?

Yes

Item 8

We also have the right to designate a third-party bookkeeping or accounting firm that you must use.

Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?

Yes

Item 11

The computer system is designed to enable us to have immediate access to the information monitored by the system, and there is no contractual limitation on our access or use of the information we obtain.

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

Yes

Franchise agreement

You shall, at your expense, provide to us a complete annual financial statement (which shall be reviewed) prepared by an independent certified public accountant by April 15th of each year during the term hereof showing the results of the Restaurant’s operations during the previous calendar year.

How the franchisor buys

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

Yes

Item 8

We may revoke our prior approval of any product or supplier at any time, and after your receipt of written notice from us regarding our revocation you must stop using that product or stop purchasing from that supplier.

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

Yes

Item 8

For the fiscal year ended December 31, 2024, our affiliate received rebates of $37,045 resulting from product purchases with Selleck Street Pizza, LLC.

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?

95

Item 8

approximately 95% of your total purchases in the continuing operation of the Restaurant.

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

Yes

Franchise agreement

You shall pay our then-current fee for each request for approval you submit, and you shall reimburse the reasonable expenses we incur related to our evaluation of the proposed product or supplier.

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

Yes

Franchise agreement

If you desire to purchase, lease or use any unapproved products or other items, or you desire to purchase or lease from an unapproved supplier, you shall submit to us a written request for approval of such product or supplier, or shall request the supplier itself to do so.

Communications

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

Yes

Franchise agreement

(i) to transfer all Franchisee’s interest in such Telephone Listings to Franchisor; and (ii) to execute such documents and take such actions as may be necessary to effectuate such transfer.

Franchise management

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

Yes

Franchise 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?

Yes

Item 11

As we reasonably determine necessary, visits to and evaluations of the Restaurant and the products and services provided to make sure that our high standards of quality, appearance and service of the System are maintained.

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

Yes

Franchise 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?

Yes

Franchise agreement

No site may be used for the location of the Restaurant unless it is first accepted in writing by us.

Marketing

Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?

Yes

Item 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?

Yes

Item 11

you must spend at least $15,000 for this campaign.

Must the franchisee participate in a customer loyalty or rewards program?

Yes

Item 11

You must pay a monthly fee of $995 for the point of sale system which includes all of the following services: (a) unlimited online ordering, (b) unlimited rewards program, (c) unlimited Enterprise Target Market for targeted email marketing, (d) use of the Riko’s mobile app, (e) unlimited eGift for electronic gift…

Must the franchisee participate in a regional advertising cooperative when one exists?

Yes

Item 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 the franchisee buy products from a designated distributor?

Yes

Item 8

solely from us or from a source designated by us all of your inventory of those products.

Payments

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

Yes

Item 6

we will withdraw from your designated bank account by electronic funds transfer (“EFT”) the amounts owed 12 Riko’s Pizza FDD 2024 to us each week on Wednesday based on the Restaurant’s Gross Sales for the preceding week ending Sunday.

Must the franchisee participate in a gift card program?

Yes

Franchise agreement

To sell or otherwise issue gift cards or certificates (together “Gift Cards”) that have been prepared utilizing the standard form of Gift Card provided or designated by us, and only in the manner specified by us in the Manual or otherwise in writing.

People

Does the franchisor require minimum staffing levels or specific roles?

Yes

Item 15

You must also have a Kitchen Manager and the number of shift leaders and other personnel necessary for optimal operation of your Restaurant.

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 or lease and use certain point of sale systems, computer hardware and software that meet our specifications and that are capable of electronically interfacing with our computer system.

Does the franchisor have independent access to the data in the franchisee's POS or computer system?

Yes

Item 11

The computer system is designed to enable us to have immediate access to the information monitored by the system, and there is no contractual limitation on our access or use of the information we obtain.

Training

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

Yes

Item 11

We may choose to hold refresher training courses, and we may designate that attendance at refresher training is mandatory for you, your General Manager, Kitchen Manager, and/or other Restaurant personnel.

The filing answers no to 5 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
  • Is the franchisee required to spend a minimum amount on local advertising or marketing, as a percentage of sales or a fixed amount?Franchise agreement
  • Must equipment be purchased from designated or approved suppliers?Franchise agreement
  • Is attendance at an annual convention or conference mandatory for the franchisee?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 LeaderSingle 1 19

The franchisee/operator personally, or a small franchisor still owner-run. Wears every hat.

OwnerCEOPresidentPrincipal
  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. 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.
  3. 97.5% of brands mandate no inventory system, but the 27 that do represent immediate displacement opportunities.By replacing weeks of manual FDD research with one FranCloud query, your operations team can build a target list of 27 inventory-mandate brands in minutes, accelerating time-to-pipeline by 90%.

The vendor opportunity at Riko's Franchise

Riko's Franchise is an 11-unit quick-service chain based in Connecticut, 7 franchised and 4 company-owned, growing units 75% year over year per the 2025 FDD. Average unit volume runs $1,669,839 on a 6% royalty, and the FDD makes a financial performance representation. For a vendor, this is a small but fast-growing system worth tracking as it scales.

Who controls software purchasing

Riko's names five HQ officers in Item 2: CEO and Chairman Enrico Imbrogno Jr., CFO and CTO Luigi Cardillo Jr., COO and President Carl Bachmann, Chief Administrative Officer Robert Furnari, and Chief Human Resources Officer Dawn Imbrogno. The dual CFO/CTO title and a franchise-wide POS mandate point to HQ, not individual operators, as the buying center.

Tech named in the FDD, and what is actually required

Item 8 makes FoodTec by FoodTec Solutions mandatory for every franchisee — it is the required back-of-house system. Sysco is in use as a distribution vendor under Item 8, though the clause does not make it contractually required. Facebook, Instagram, LinkedIn, Twitter, Grubhub, and Uber Eats by Uber are all named in Item 11 or Item 8 without being required of franchisees.

Procurement, renewals, and timing

Item 8 runs an approved-supplier list: franchisees buy from vendors that demonstrate they meet Riko's standards and specifications, and can request approval for new products or suppliers. Franchise terms run 10 years, with a successor agreement available for another 10 years to franchisees in good standing — a natural point for a vendor to re-pitch a system.

How to read the Riko's Franchise FDD

The FDD was filed with state franchise regulators in 2025. Use the embedded viewer below to go straight to Item 8 for procurement and the FoodTec mandate, and Item 19 for the financial performance representation. Talk to FranCloud for a ranked list of franchise systems like this one that fit your product.

Questions vendors ask

Riko's Franchise, answered from the filing

Riko's mandates FoodTec at the franchisor level, so HQ drives system decisions — CFO/CTO Luigi Cardillo Jr. is the named executive to reach, alongside CEO Enrico Imbrogno Jr.
FoodTec by FoodTec Solutions is mandated under Item 8 — every franchisee must run it. Sysco is in use as a supply-chain vendor per Item 8, though not contractually required. Facebook, Instagram, LinkedIn, Twitter, Grubhub, and Uber Eats are all named in the filing without being required.
11 locations in Connecticut and nearby — 7 franchised, 4 company-owned — up 75% year over year per the 2025 FDD, in the quick-service restaurant segment.
An approved-supplier list: franchisees must buy from suppliers that meet Riko's standards and specifications, drawn from an approved list in the Manual, and may request approval for new suppliers or products.
Franchise terms run 10 years, with a successor agreement available for another 10 if the franchisee is in good standing — that renewal point, paired with 75% unit growth, is when a new vendor has the best shot at getting in.
The FDD was filed with state franchise regulators in 2025. Use the embedded viewer below to read Item 8, Item 11, and Item 19 directly.
Source

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Riko's Franchise2025 FDDView only

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

Operator footprint

Who runs the locations

28 operators run 28 mapped locations. 0 of them are multi-unit. Aggregate counts from the filing; no names.

Operators by units owned

Single-unit28

Top states by locations

CT8
FL5
NY4
PA2
NC1

Ownership

The portfolio behind Riko's Franchise

single_brand_holdco of Riko's.

Related Quick service restaurant brands

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