Ontario Offer to Purchase Restaurant Assets

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.

Lease a restaurant premises in Canada to a tenant with this Restaurant Lease template.

• This is a triple net lease, and the tenant pays all taxes, charges and assessments on the premises, all operating costs, all utilities and services to the premises.
• Parking.The restaurant shares the common parking lot with other businesses in the mall or building.
• Indemnification. The tenant indemnifies the landlord against any claims arising from the tenant's use and occupation of the space.
• Use of Premises. The premises are to be used for the purposes of a restaurant only. This lease can be used for a dine-in or take-out and delivery restaurant. The tenant will have the exclusive right during the lease term to sell specific food items in the building / mall.
• Insurance. The tenant is required to carry comprehensive general liability insurance, all risk insurance, boiler and machinery insurance (if applicable), and business interruption insurance.
• Events of Default. If the tenant becomes bankrupt or insolvent, or if a receiver is appointed, the current month's rent and the next 3 months' rent will become immediately payable, and the landlord has the right to recover possession of the premises.
• Dispute Resolution. The parties agree to binding arbitration in the event of a dispute.
• Available in MS Word format.
• Intended to be used only in Canada.

Attach this Schedule to an Asset Purchase Agreement for the assets of a restaurant business in the Province of Ontario.

• Procedure for transferring the liquor license to the purchaser.
• The seller warrants that the employees are not represented under a collective bargaining agreement.
• Conditions of the purchaser for closing the transaction.
• Representations and warranties of the seller.
• Disclosure of revenues, expenses, contracts and business information.
• Assignment of service contracts and leases, trade names, signage and phone numbers from the seller to the purchaser.

The Schedule to Asset Purchase Agreement for Restaurant covers the special conditions that apply when purchasing restaurant assets under Ontario provincial laws.

Prepare a business plan for a new restaurant with this easy downloadable template.

• The Business Plan can be used by either an existing company to launch a new location or by a start-up business to open its pilot restaurant.
• The sections are pre-filled with general information related to the restaurant industry, and instructions to help guide you through what detailed current information should be added.
• The market analysis and marketing plan section looks at the industry in general, and the local market in particular, including target market sectors and competitors.
• The financial plan section contains pro forma projection templates to cover a 3-year period.
• Whether the purpose of your business plan is to secure financing for a new restaurant or to use as internally as a management tool, it's important to make it complete and accurate. Download this Restaurant Business Plan template and get started.

Hire a manager to run the day-to-day operations of a restaurant with this fully editable Restaurant Management Agreement.

• Manager's Duties. The manager is responsible for:
  • hiring and training all staff,
  • creating food and beverage menus,
  • setting pricing and dress codes,
  • obtaining all required licenses and permits,
  • maintaining and operating the restaurant in accordance with the owner's operating standards.
• Marketing. The manager will establish and supervise all marketing, advertising and promotional campaigns for the restaurant.
• Limitations on Manager's Authority. The manager has no authority to enter into any lease or license agreement, incur any financial obligations except for ordinary trade debt, acquire any capital assets, borrow money, mortgage or otherwise encumber the business.
• Insurance. The manager must obtain insurance coverages, including liability, all-risk, worker's compensation, disability, and business interruption.
• Labor Agreements. The restaurant owner is responsible for negotiating all labor union collective bargaining agreements.
• Other Terms. The agreement contains extensive provisions governing termination of the agreement and the transfer of operations from the manager to the owner or to a replacement manager.
• Generic Contract. This is a generic legal document which does not contain specific references to the laws of any country or jurisdiction. It can be easily customized to fit your exact needs.
• How to Obtain the Form. You can download the Restaurant Management Agreement immediately after purchase. Available in MS Word format.