Franchise Agreement
  • General Information
    • Who is Franchisor?
    • Who is Franchisee?
    • Business Details
  • Franchising Details
    • General Information
    • Fees & Payments
    • Term & Termination
    • Miscellaneous
  • Complete the Document
    • Template's Format

Who is Franchisor?

  • A person that grants a right to operate the business under their franchisor system (Franchisor):

  • Indicate the full name of Franchisor:

  • Indicate the full mailing address of Franchisor:

  • Indicate the full name of a company (Franchisor):

  • Indicate the full business address of Franchisor:

  • Indicate the contact email of Franchisor:

Who is Franchisee?

  • A person that wants to operate the franchised business (Franchisee):

  • Indicate the full name of Franchisee:

  • Indicate the full mailing address of Franchisee:

  • Indicate the full name of company (Franchisee):

  • Indicate the full registered business address of Franchisee:

  • Indicate the contact email address of Franchisee:

Business Details

  • Describe the business’s purpose, core operations, products or services offered under the franchised concept:

  • Specify the trademark or brand name that the Franchisee use in connection with the franchised business under this agreement:

    !

    When a Franchisee obtains the right to operate a franchised business, they are typically granted the right to use the Franchisor’s brand and trademarks.

    For example, a Franchisee entering into a franchise agreement with Burger King automatically receives the right to display the company’s trademark and logo on the restaurant, menus, signage, and advertising materials.

  • Does the Franchisee receive the right to use any additional brands or trademarks beyond the primary one identified above?

  • List all additional brands or trademarks that the Franchisee is authorized to use in connection with the franchised business:

  • Franchisee shall operate the franchised business:

  • Specify the address of the location where the Franchisee is authorized to open and operate the franchised business:

  • Specify the territory where the Franchisee is authorized to open and operate the franchised business:

  • Select the date on which both parties sign this agreement:

General Information

  • Does the franchised business offer or sell specific products or goods?

  • List all the products the franchised business offer for sale:

  • What type of franchising license is granted to the Franchisee for operating the franchised business?

    !

    Exclusive License – grants the Franchisee the sole right to operate the franchise within a specified territory, preventing the Franchisor from granting the same rights to others in that area. For example, if John gets an exclusive franchising licensed in the city A, no one could get the same license to operate the same franchised business in the city A.

    Non-Exclusive License – allows the Franchisee to operate the franchise in a territory, but the Franchisor may grant the same rights to other franchisees in the same area.

  • List all local advertising requirements that the Franchisee must comply with when promoting the franchised business:

  • Select the estimated opening date for the franchised business:

Fees & Payments

  • Specify the amount of the initial franchise fee, in U.S. dollars, that the Franchisee must pay to start the franchised business:

  • Describe when and how the initial franchise fee should be paid:

  • Describe the amount and frequency of franchise periodic fees:

  • How frequently Franchisee shall report its gross sales to Franchisor?

    !

    Gross sales is the total revenue generated from all products or services sold by the franchised business before deducting any costs, taxes, or expenses.

  • Shall Franchisee pay additional royalties for using franchised trademarks and logos?

    !

    Royalty is a name for a payment that you make for using the intellectual property rights of another person.

    In the case of a franchise agreement, the franchisee could pay additional royalty fees to the franchisor due to using their trademarks or other intellectual property rights in the franchised business.

  • The royalties should be paid in the form of:

  • Indicate the amount of the fixed royalty fee, in U.S. dollars:

  • Select the frequency with which royalty payments should be made:

  • Describe the method for calculating royalty fees and specify the frequency and timing of their payment by the Franchisee:

Term & Termination

  • This agreement should end on:

  • Select the date on which this agreement should expire:

  • Specify the number of years after the franchise opening date on which this Agreement is set to expire:

  • Is the Franchisee entitled to renew this agreement upon its expiration?

  • List all the conditions upon fulfillment of which this agreement could be renewed:

Miscellaneous

  • Specify the state whose courts shall have jurisdiction to resolve any disputes arising under this agreement:

  • List all insurance requirement Franchisee should meet while operating this franchised business:

    !

    Insurance requirements may include:

    – type of insurance (e.g., general insurance, property insurance, liability insurance etc.);

    – amount of insurance coverage;

    – duration of insurance police etc.

  • Does the Franchisee intend to conduct online sales (e-commerce) as part of the franchised business operations?

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