In re: Ruby Tuesday, Inc., et. al., U.S. Bankruptcy Court, District of Delaware (Wilmington), October 7, 2020: Case Nos. 1:20-BK-12456 to 124507. Ruby Tuesday, Inc. and each of its subsidiaries and its direct parent voluntarily filed for Chapter 11 bankruptcy relief on October 7, 2020. The debtors owned and operated the “Ruby Tuesday” brand, system of restaurants, and related business. The debtors’ reorganization plan became effective by order of the court on February 24, 2021. Pursuant to the reorganization plan, certain of the debtors’ assets and operations were re-organized and distributed among their creditors. The court issued a final decree closing the Chapter 11 case on December 10, 2021. Aziz Hashim, our Executive Chairman, was an officer of Ruby Tuesday, Inc. and certain of its affiliates at the time they filed for bankruptcy relief. At the time of filing, Ruby Tuesday, Inc. and each of its subsidiaries had the address and principal place of business of 333 East Broadway Avenue, Maryville, TN 37804, and its parent RTI Holding Company LLC had the principal place of business 4170 Ashford Dunwoody Road, Suite #390, Atlanta, GA 30319. U.S. Bankruptcy Court, Southern District of New York (Manhattan), March 17, 2022: In re: Buyk Corp, Case No. 22-10328. Buyk Corp filed for Chapter 11 bankruptcy relief on March 17, 2022. The debtor has the principal business address of 360 West 31st Street, Floor 6, New York NY 10001. The case was converted from a Chapter 11 to a Chapter 7 case on October 31, 2022. The claims period ended March 27, 2023. No hearings are currently scheduled but the bankruptcy has not yet been discharged. James Walker, our Chief Culinary and Concept Officer, was CEO of Buyk Corp at the time of the initial Chapter 11 bankruptcy filing.
From the filings
The Original Hot Chicken and Inked Tacos
Quick service restaurantThe Original Hot Chicken and Inked Tacos operates a single company-owned unit under its 2023 FDD, backed by PE firm NRD Capital. Purchasing decisions sit with the small executive team at headquarters in Georgia rather than with independent franchisees. RTI and Yelp appear in the filing, but neither is a required system.
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Live signals
Ordinary royalty terms
6% component; full terms unconfirmed
Complete royalty terms are not confirmed for the selected filing.
Recorded percentage components
These are recorded percentage components. Each has its own base and conditions; the chart does not state the total payment or confirm ad-fund completeness.
1recorded components (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.
Local Advertising. You must advertise and market your Restaurant in any advertising medium we determine, using forms of advertisement we approve or designate. You must also list your Restaurant with the online directories and subscriptions we periodically prescribe (such as Yelp® and Google®), and/or establish any other Online Presence (as defined in Item 13) we require. You must comply with all of our Brand Standards for your advertising. 25 TOHC Franchising LLC 2023_11 Franchise Disclosure Document 1511.003.004/391791 You must spend an amount that we designate to advertise and promote your Restaurant (the “Local Advertising Expenditure”). Currently, the Local Advertising Expenditure is 1% of your Gross Sales per month, and must be paid to us to conduct marketing for your Restaurant. We may change the amount of your Local Advertising Expenditure periodically, subject to your Maximum Advertising Expenditure (5% of Gross Sales). We will determine what type of expenditures that will count towards your Local Advertising Expenditure. Indirect costs you incur in managing your local advertising, such as salaries and benefits of employees administering the campaigns, will not be counted towards your Local Advertising Expenditure. Additionally, any costs you incur for advertising conducted at the Premises, such as in-store materials and signage, will not be counted towards your Local Advertising Expenditure. On our request, you must send us, in the manner we prescribe, an accounting of your Local Advertising Expenditures during the preceding months. We may at any time, on one or more occasions, cease collecting all or part of the Local Advertising Expenditure or change the proportion of the Local Advertising Expenditure that you must pay us, our designees, and/or spend yourself on marketing for your Restaurant. You may elect to spend more than your Local Advertising Expenditure.
Franchisor behaviours
What the franchisor requires
22 requirements the franchisor states in this filing, each in its own words; 2 explicit no's; 10 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?
YesFranchise agreement
You agree to establish and maintain at your own expense a bookkeeping, accounting, and recordkeeping system conforming to the requirements and formats we prescribe from time to time.
Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?
YesItem 11
We will have access to your Computer System, including hardware, software, security, configurations, connectivity, and data access, at all times, and we will have the right to collect and retain from the Computer System any and all data concerning your Restaurant.
Must the franchisee submit periodic financial statements (monthly, quarterly or annual) to the franchisor?
YesFranchise agreement
within fifteen (15) days after the end of each calendar month, the operating statements, financial statements, statistical reports and other information we request regarding your Restaurant covering the preceding month;
How the franchisor buys
Is the franchisor or an affiliate itself a supplier of required products, services or systems?
YesItem 1
Our affiliate, Ohio Valley Foods Systems LLC (“Ohio Valley Foods”) is currently the exclusive supplier to Restaurants of certain food products and branded merchandise.
Does the franchisor reserve the right to change designated suppliers or systems at any time?
YesItem 11
We may periodically modify the Brand Standards for the Computer System, including the designated or approved suppliers for the Computer System, and you must update your Computer System to comply with our modified Brand Standards promptly after you receive notice.
How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?
0Item 8
In our prior fiscal year ended May 31, 2023, neither we nor our affiliates derived any revenue from the sale of products and services to 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?
40Item 8
Collectively, the purchases you obtain according to our specifications or from approved or designated suppliers represent approximately 60%-80% of your total purchases to establish your Restaurant and 40%-80% of your total purchases to operate your Restaurant.
Does the franchisor charge a fee to evaluate a proposed supplier?
YesItem 8
We may charge you a fee if you ask us to evaluate any proposed alternative suppliers (currently, our direct costs).
Can a franchisee propose a new supplier for the franchisor's approval?
YesItem 8
If you would like us to consider approving a supplier that is not currently an approved supplier, you must submit your request in writing before purchasing any items or services from that supplier.
Franchise management
Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?
YesFranchise agreement
To determine whether you and your Restaurant are complying with this Agreement and all Brand Standards, we and our designated agents or representatives may at all times and without prior notice to you:
Can the franchisor change the operations manual and brand standards unilaterally?
YesItem 11
We may modify the Brand Standards Manual periodically, including changes in Brand Standards.
Must the franchisor approve the franchisee's site or location before opening?
YesItem 11
You must obtain our approval of the site for the proposed Restaurant before you sign a Franchise Agreement for that Restaurant.
Marketing
Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?
YesItem 11
Except as provided above, or as approved by us in writing or in the Brand Standards Manual, you may not develop, maintain or authorize any Online Presence that mentions your Restaurant, links to any Franchise System Website or displays any of the Marks, or engage in any promotional or similar activities, whether…
Is a minimum grand opening advertising spend required?
YesItem 11
You must spend at least $15,000 for a grand opening marketing program for your Restaurant to take place on the dates we designate before and after your Restaurant opens.
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
Currently, the Local Advertising Expenditure is 1% of your Gross Sales per month, and must be paid to us to conduct marketing for your Restaurant.
Operations
Must the franchisee buy products from a designated distributor?
YesFranchise agreement
You must purchase the products and services we periodically designate only from the suppliers we prescribe and only on the terms and according to the specifications we approve.
Must equipment be purchased from designated or approved suppliers?
YesItem 8
You must also purchase certain Operating Assets only from suppliers that we have designated or approved (or that otherwise meet our Brand Standards).
Payments
Must the franchisee use a payment processor or merchant-services provider designated or approved by the franchisor?
YesItem 8
Currently, you must purchase (i) proprietary sauces, proprietary proteins, and branded supplies from Ohio Valley Foods, (ii) certain e-commerce support for online ordering and virtual brand management from Franklin Junction, (iii) soft drinks, signage and menu boards, meat products, other food items, credit card…
Are royalties and other fees collected by automatic bank debit (ACH or electronic funds transfer) from the franchisee's account?
YesItem 6
Currently, we require all one-time payments to be made by wire transfer, and all recurring payments to be made through an electronic funds transfer system that allows us to debit a business account you designate for all amounts you owe us on their due dates or the next business day if the due date is a national…
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 install the computer hardware, software, point-of-sale and other technology systems that we periodically designate (the “Computer System”).
Does the franchisor have independent access to the data in the franchisee's POS or computer system?
YesItem 11
We will have access to your Computer System, including hardware, software, security, configurations, connectivity, and data access, at all times, and we will have the right to collect and retain from the Computer System any and all data concerning your Restaurant.
Training
Can the franchisor charge the franchisee for additional, refresher or remedial training?
YesItem 11
We may charge you or your personnel attendance fees for any additional training courses, modules, programs, events and meetings (currently, not imposed).
The filing answers no to 2 questions
- Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?Item 8
- Must the franchisee participate in a regional advertising cooperative when one exists?Item 11
The vendor opportunity at The Original Hot Chicken and Inked Tacos
The 2023 FDD for The Original Hot Chicken and Inked Tacos describes a single company-owned restaurant in the quick-service segment, backed by private equity firm NRD Capital.
Who controls software purchasing
Item 2 names three officers: Aziz Hashim (Executive Chairman), James Walker (Chief Culinary and Concept Officer), and Sunny Ashman (Head of Franchise Development and Training). Because the sole unit is company-owned rather than franchised, this HQ team is the buying center for any technology decision. Two mapped operators run roughly two located units, one in Wisconsin and one in Texas, with no multi-unit operators in the mix.
Tech named in the FDD, and what is actually required
Item 4 names RTI and Item 11 names Yelp. Neither carries a mandate — the FDD mentions both, but nothing in the filing obliges the brand to use either one. A vendor should read this as a filing that names two platforms without locking either in.
Procurement, renewals, and timing
Item 8 runs on a designated-suppliers-only model: franchisees must buy certain operating assets from suppliers the franchisor designates or approves, or that otherwise meet brand standards, with the option to propose an alternative supplier for approval. Item 17 sets a 10-year initial term and requires notice 180 to 540 days before expiration, substantial compliance with brand standards, remodeling or relocating the restaurant, and signing the then-current franchise agreement — each a natural entry point for a vendor pitch tied to renewal or expansion.
How to read The Original Hot Chicken and Inked Tacos FDD
The filing was made with state franchise regulators in 2023. The embedded PDF viewer below lets you go straight to Item 4 and Item 11 for the named systems and Item 8 for the supplier rules. Talk to FranCloud for a ranked list of similar NRD Capital-backed targets.
Ordinary royalty terms
Complete royalty terms are not confirmed.
Questions vendors ask
The Original Hot Chicken and Inked Tacos, answered from the filing
Read the filing itself
Read the original document for the filing figures and their terms, 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.
Request an email alert when a newer filing for The Original Hot Chicken and Inked Tacos is available.
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
Top states by locations
| TX | 1 |
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Ownership
The portfolio behind The Original Hot Chicken and Inked Tacos
Ownership: NRD Capital.
Related Quick service restaurant brands
Primary franchise filings · updated September 2026. Read the original filing for definitions, conditions, and qualifications.