Franchise Disclosure Document | Canada

Sell the assets of a franchise business to a new franchisee with this Asset Purchase Agreement for Canadian franchises.

• The purchaser will purchase the assets of the franchise business, including inventory, parts and any equity the vendor has in the leased equipment.
• The purchaser will assume the responsibilities of a franchisee under the main Franchise Agreement with the franchisor.
• The purchaser is not obligated to assume or perform any obligation of the vendor except for the equipment leases which the purchaser has accepted prior to closing.
• The purchaser will assume the premises lease from the vendor.
• The purchase price is (i) cost less depreciation for inventory for inventory and (ii) actual cost for parts.
• The Asset Purchase Agreement is governed by Canadian laws. It does not contain references to specific provincial franchising laws and regulations and can be modified for use in most provinces and territories of Canada except for Quebec.

Write a Franchise Agreement for a franchise business in Canada using this comprehensive template.

• This is a standard form of franchise agreement which is completely customizable and can be used across Canada in all provinces except for Quebec.
• The document contains clauses covering the initial term and renewal terms, initial franchise fee, and continuing fees to be paid by the franchisee.
• The franchisor is responsible for providing the franchisee with training, ongoing support and access to its purchasing programs.
• The franchisee is responsible for being open for business and operating the franchise in accordance with the franchisor's operations manual and system standards.
• The franchisee must comply with confidentiality and non-competition provisions both during and after the term of the agreement.
• The franchisee is obligated to participate in the franchisor's advertising and marketing programs.
• The template contains provisions for arbitration procedures.
• Available in MS Word format.
• Intended to be used only within Canada.

Canadian franchisors, prepare a Franchise Agreement for a financial services business with this comprehensive template.

• This Franchise Agreement can be used for businesses that offer financial services such as cheque cashing, payday advances, money transfers, and currency exchange.
• The franchisor is responsible for providing training and assisting the franchisee in establishing the business.
• The franchisee will develop a franchise within the development area.
• The franchisee must contribute to the marketing fund and maintain a high level of quality in the business.
• A principal of the franchisee must sign as guarantor, to guarantee the obligations of the franchisee.
• Available in MS Word format.
• Intended to be used only in Canada.

Franchise your business model for pizza and pasta restaurants to franchisees under the terms of this Franchise Agreement.

• This template is for Canada and makes references to Canadian franchise laws.
• The franchisee is granted exclusive rights to operate a franchise in the specified territory, using the trade marks and system developed by the franchisor or its subsidiaries.
• The franchisor will develop the restaurant premises on a turnkey basis for the franchisee, at the franchisee's expense.
• The Agreement contains provisions for both a turnkey and non-turnkey store opening.
• The franchisor will offer a pre-opening training program to the franchisee's employees and will continue to provide supervisory assistance, arrangements with suppliers, on-site training, and other operating assistance on an ongoing basis.
• The franchisor offers a group purchasing program to its franchisees which offers rebates and discounts on products and services, wherever available.
• The template includes a Guarantee and a Restaurant Sublease Agreement as schedules to the main Agreement.

This template franchise agreement was developed by a Canadian franchise consultant. Buy and download it for your franchisees.