HQ-led decisions

Toro Taxes

Financial services

Software purchasing at Toro Taxes is controlled at the headquarters level, with Chief Executive Officer Nick Maldonado and Chief Financial Officer Emma Melendez identified as key executives in the 2026 FDD. The franchise mandates specific bookkeeping services software, Business Division Services, and tax preparation software across its 194-unit system. With 192 franchised locations and an average unit volume of $68,227.21, the addressable market for compliant, integrated tools is concentrated but clearly defined.

Mandated & recommended tech

The systems vendors compete with

3 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.

bookkeeping services software
Mandatory
AccountingItem 11

you are required to utilize our designated approved supplier of bookkeeping services software

Business Division Services
Mandatory
Industry softwareItem 11

If you change the account information that provide us with independent access to the Tax Preparation Software, Business Division Services, Business Division Services Software, and Business Management

tax preparation software
Mandatory
Industry softwareItem 11

You are required to exclusively utilize the tax return preparation and filing software that we designate.

Live signals

Total units
194
192 franchised
Unit growth YoY
vs prior filing
AUV
$68K
Item 19, 2026
Royalty
10%
of gross sales
Ad fund
2%
national + local
Initial fee
$40K
per unit
Investment range
$18K–$79K
all-in, Item 7
Procurement
Approved supplier
from the filing

The vendor opportunity at Toro Taxes

Toro Taxes operates 194 total units, with 192 of those franchised and only 2 company-owned. The system is small and geographically concentrated, with all 6 mapped operators located in Nevada. This creates a tight, single-state footprint for software vendors, but one with a clear mandate for specific technology tools. The average unit volume sits at $68,227.21, and franchisees pay a 10% royalty on gross revenue. For a vendor, the immediate addressable market is those 192 franchised locations, all of which must comply with the franchisor's technology requirements. The lack of multi-unit operators—every mapped operator runs a single unit—means sales cycles will involve many individual owner decisions, though the mandated tech stack suggests HQ holds significant sway over which tools get adopted.

Who controls software purchasing

The 2026 Franchise Disclosure Document names five key individuals in Item 1. Nick Maldonado serves as Chief Executive Officer, Antonia Andrade is Chief Operations Officer and Certified Franchise Executive, Emma Melendez holds the Chief Financial Officer role, Carlos Maldonado is President of Franchise Development, and Celsa N. Arbaiza acts as an Area Representative. For a software vendor, the most relevant buying center likely includes the CEO and CFO, given the financial and operational nature of the mandated tools. The presence of a CFO suggests budget authority sits at the HQ level, and the COO likely influences operational software choices. There is no CIO or CTO listed, which is common in systems of this size and means the CEO or CFO may directly evaluate technology vendors.

Mandated and current tech stack

Item 11 of the FDD mandates three categories of technology. Franchisees must use bookkeeping services software, a system identified as Business Division Services, and tax preparation software. The specific vendor names for the bookkeeping and tax preparation tools are not disclosed in the available extracts, but the mandate itself is explicit. This means any software that touches accounting, tax workflow, or the Business Division Services platform must either integrate with or replace an existing mandated solution. Vendors selling adjacent tools—such as CRM, document management, or client portals—should investigate whether integration with Business Division Services is required or merely preferred. The absence of a named POS system suggests that point-of-sale or payment processing may be open, but this should be verified against the full FDD.

Procurement, renewals, and timing

Item 8 procurement signals were not included in the available data, so it is unknown whether Toro Taxes uses a designated supplier model, an approved supplier list, or an open procurement process. This is a critical gap for any vendor planning an outreach strategy. On renewals, Item 17 provides more clarity. Franchise agreements run for an initial term of 10 years. To renew, a franchisee must provide 180 days' written notice, sign the then-current form of Franchise Agreement, pay a renewal fee, remodel and upgrade the office to meet current standards, and secure the legal right to the premises. Owners must also personally guarantee the renewal agreement, which may contain materially different terms. For software vendors, the renewal cycle creates a predictable window: franchisees approaching the end of their 10-year term will be required to upgrade their office to current standards, which likely includes technology. Tracking when units were first opened can help time outreach to coincide with these mandatory refresh periods.

How to read the Toro Taxes FDD

The 2026 FDD is the primary source for understanding Toro Taxes' technology mandates, procurement rules, and decision-making structure. Item 1 lists the executives who control purchasing. Item 11 details the mandated bookkeeping, Business Division Services, and tax preparation software. Item 17 outlines the 10-year renewal cycle and the conditions that may force technology upgrades. The embedded PDF viewer below contains the full document. Pay close attention to any supplier designations in Item 8, which were not extracted here but will determine whether you need franchisor approval to sell into the system. For a ranked target list of franchise systems that match your software's ideal customer profile, FranCloud can help you prioritize based on tech mandates, unit counts, and decision-maker access.

Questions vendors ask

Toro Taxes, answered from the filing

The FDD lists Nick Maldonado (CEO) and Emma Melendez (CFO) as key executives. Given the mandated tech stack, purchasing decisions likely involve financial and operational leadership at the headquarters level.
The 2026 FDD mandates bookkeeping services software, a system called Business Division Services, and tax preparation software. Specific POS or operational platforms beyond these are not disclosed.
There are 194 total units: 192 franchised and 2 company-owned. The operator footprint is concentrated, with 6 mapped operators across approximately 6 located units, all in Nevada.
The procurement model is not detailed in the available FDD extracts. Item 8 signals regarding designated or approved suppliers were not disclosed, so the specific restrictions remain unknown.
Initial franchise terms are 10 years. Renewals require 180 days' written notice and signing the then-current agreement. Contract windows may align with these renewal cycles, though recent unit growth data is not available.
The 2026 FDD was filed with state franchise regulators. You can review the full document in the embedded PDF viewer below to analyze Item 11 tech mandates and Item 17 renewal conditions directly.
Source

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Operator footprint

Who runs the locations

6 operators run 6 mapped locations — 0 of them are multi-unit. Aggregate counts from the filing; no names.

Operators by units owned

Single-unit6

Top states by locations

NV6

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