Simple Franchise Agreement Template
In a franchise agreement a franchisor grants the franchisee the right to use the franchisor s system and proprietary marks to operate a franchised business.
Simple franchise agreement template. The top portion of the template covers the parties involved in the agreement as well as the franchise fees that the owner is agreeing to pay. A franchise agreement is a legally binding document which contains information about the terms and conditions set by the franchisor for the franchisee. A franchise basically enables an investor to operate a business or invest in it if any way i e by buying shares or by being a part of the facility. In something like a loan agreement there s a section which discusses the terms in which the borrower will need to agree to in order to acquire a loan a franchise agreement will also need a similar section to ensure that the other party has a complete understanding of what needs to be agreed to if he or she wishes to be a part of the franchise.
The agreement should specify the franchise fee which may include a fixed initial fee as well as ongoing. 49 editable franchise agreement templates contracts. The agreement may be limited to a particular location and also restrict the franchisor from locating another business nearby. A franchise agreement also sometimes called a franchise business agreement is a document between two main parties the party that will be franchising out their already well developed business model called the franchisor and the party that will be agreeing to certain terms and conditions in order to create their own franchised business based on that business model.
It is available in pdf format and includes the parties to the agreement the terms to be observed and the authority granted the franchisee. This franchise agreement template is signed between the city and a corporation as the franchisee. A franchise agreement can be defined as an agreement between a franchisee and a franchisor that mentions all the possible details of the franchise like name location services and goods provided etc. Each template is easy and concise.
A franchise agreement template is a simple template that lets you draft franchise disclosure documents and franchise agreements. A franchise agreement sample also contains an outline of the obligations of both the franchisor and the franchisee.