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Uncategorized
Franchise Agreement
Franchise Agreement
$
300.00
Step
1
of
3
- Identification
33%
Franchisor Contact Information
You are the Franchisor, drop your info here.
Is the Franchisor a
*
Corporation
Human
Corporations usually end with an "inc" or "ltd". can be numbered or named.
Franchisor Legal Name
*
This is the registered name, either number or named with an "inc" or "LTD" at the end.
Corporation Representative
*
First
Last
Who can act on behalf of the Business?
Franchisor Representative Address
Street Address
District
City
Province / State
Postal Code / Zip
Enter the home address of the representative, since they will be intervening in the present agreement to personally undertake to respect the deal.
Franchisor Full Name
*
First
Last
Franchisor Head Office Address
*
Street Address
District
City
Province / State
Postal Code / Zip
This is the registered Head Office of the Business
Franchisor Phone
What's the best # to reach you on.
Franchisor Email
Franchisee Information
The Franchisee is the person coming into the Franchise system as an operator or investor
Is the Franchisee a
*
Corporation
Human
Corporations usually end with an "inc" or "ltd". can be numbered or named.
Franchisee's Legal Name
*
This is the registered name, either number or named with an "inc" or "LTD" at the end.
Corporation Representative
*
First
Last
Who are you dealing with on behalf of the Business?
Franchisee Representative Address
Street Address
District
City
Province / State
Postal Code / Zip
Enter the home address of the representative, since they will be intervening in the present agreement to personally undertake to respect the deal.
Franchisee's Full Name
*
First
Last
Do you have the Franchisee's head office address?
*
Yes
No
Franchisee's Head Office Address
*
Street Address
District
City
Province / State
Postal Code / Zip
Franchisee Phone
Franchisee Email
DESCRIPTION OF FRANCHISE BUSINESS
Let's describe the business being franchised
What type of Franchise is being sold?
*
a fast food restaurant operation without a liquor permit
a fast food restaurant operation with a liquor permit
a full service restaurant operation with liquor permit
a full service restaurant operation without a liquor permit
a service-based business
Choose one of the following options that best describes the Franchise.
Under what name(s) does the Franchise brand itself?
*
In 140 characters, describe the name and style of the Business under which it is commonly known (separate multiple names with a comma). ex. "Joe's pizza and pasta counter" or "Tony's Tattoo Parlour"
Describe the Franchise system
*
In 100 characters, describe the system (network) of the Franchise. ex. "massage, chiropractor and complementary disciplines clinics" or "chain of vegan quick-serve restaurants with coffee bar"
Define the Franchise WHY
*
In 100 characters, describe the Franchise's mission. ex. "to provide cleaning services to commercial and industrial tenants" or "to provide high quality vegan treats"
Franchise operation Address
*
Street Address
District
City
Province / State
Postal Code / Zip
Where does the Restaurant operate? (note this could be different than the registered address of the Business)
Did the parties sign a franchise offer before this?
Yes
No
An offer, contract, letter of intent etc, provide for the terms of the business relationship between parties and the general scope of the deal.
Upload the Offer or Contract
Drop files here or
Select files
Accepted file types: doc, docx, pdf, gif, jpg, Max. file size: 400 MB.
TERM OF FRANCHISE AGREEMENT
This section will define what will be sold with the Business
On what date will the Franchisee be open for business?
*
MM slash DD slash YYYY
What is the initial term?
*
1 year
2 years
5 years
10 years
15 years
20 years
These Agreements are typically 5 to 10 years and renewed for subsequent terms.
What are the additional terms?
*
1 year
2 years
5 years
10 years
15 years
20 years
These additional terms allow for the agreement to renew in equal and subsequent periods.
Franchisor will meet the Franchisee how many times a year?
*
Please enter a number greater than or equal to
0
.
If you would like to meet the Franchisee every quarter you can make it 4 times a year.
FRANCHISE FEES
Let's talk about money.
What is the amount of the Franchise Fee?
*
The franchise fee (also called the “initial franchise fee”) is the payment made by a franchisee to the franchisor for joining the franchise system.
What is the Franchise Royalty?
*
Almost all franchises have an ongoing monthly or weekly franchise fee (commonly referred to as a royalty fee). This fee is typically expressed as a percentage of the gross sales revenue of the business for the previous month. Speak to your lawyer if the % changes over the term of the Agreement.
CONCLUDING SECTIONS
Do you want to provide for a Non-Competition clause?
Yes
No
Third Choice
This Clause is meant to assure that Franchisee and their representative do not compete against the Franchise for a specified period.
How many kilometers from the Business do you want to restrict Franchisee from competing with Franchise
*
Please enter a number greater than or equal to
1
.
How many years do you want to prevent Franchisee from Competing with the Franchise
typically the range of 12-36 months are normal unless there are exceptional circumstances. Please speak with your lawyer for details.
LL file number
*
Attorney of Record
Avy Levy
Jamie Benizri
Zoe Fortin
Robert Tannous
Emmanuelle Epstein
Which attorney is handling the file.
Comments
This field is for validation purposes and should be left unchanged.
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