About this document
This is a comprehensive Franchise Agreement for any business in food and beverage, for example, a coffee shop or a restaurant. It is suitable where one party, the franchisor, wishes to effectively licence out his business to another, the franchisee. In return for being permitted to use the trade marks and other intellectual property of the franchisor, the franchisee will pay a fee. This franchise agreement has been drawn so as to be exclusive or non-exclusive – you choose. It is not suitable where goods are sold.
In the UK, there are no rules or regulations for the terms of a franchise agreement. This means that you are free to negotiate the best deal. This is a complete franchise agreement – you simply delete what is not required in order for you to negotiate what you want.
The agreement deals with confidentiality and intellectual property in detail, thus protecting the interests of the franchisor. Further, this agreement specifically sets out the responsibilities of both parties, allowing a smooth and flexible relationship and one where fewer disputes are likely to occur.
Application and features
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Suitable for any food and beverage outlet;
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Allows for the training of the franchisee and his employees;
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Complete with explanatory and guidance notes in plain English.
Contents
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Summary of the agreement
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Rights granted
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Term
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Franchisor’s initial obligations
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Franchisor’s continuing obligations
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Review of your business
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Franchisee’s obligations concerning the marks
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Franchisee’s obligations
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Targets
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Franchisee’s financial obligations
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Promotion and advertising
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Franchisee’s accounts
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Audit
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Sale
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Termination
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Post termination
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Improvements and modifications to the system
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Other appropriate legal provisions. |