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
From the filings
Riko's Franchise
Quick service restaurantRiko'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
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)
15% reference
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.
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,
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
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
. 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,
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
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
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?
YesItem 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?
YesItem 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?
YesFranchise 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?
YesItem 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?
YesItem 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?
95Item 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?
YesFranchise 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?
YesFranchise 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?
YesFranchise 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?
YesFranchise 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?
YesItem 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?
YesFranchise 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?
YesFranchise 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?
YesItem 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?
YesItem 11
you must spend at least $15,000 for this campaign.
Must the franchisee participate in a customer loyalty or rewards program?
YesItem 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?
YesItem 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?
YesItem 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?
YesItem 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?
YesFranchise 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?
YesItem 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?
YesItem 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?
YesItem 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?
YesItem 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.
The franchisee/operator personally, or a small franchisor still owner-run. Wears every hat.
- 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%.
- 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.
- 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
Read the filing itself
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FDD alert
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We’ll email you the moment Riko's Franchise files a new annual FDD, usually the freshest signal of a vendor change.
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
Top states by locations
| CT | 8 |
|---|---|
| FL | 5 |
| NY | 4 |
| PA | 2 |
| NC | 1 |
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.