Products tagged with 'regional subfranchise agreement'

Appoint regional franchisors and set up regional franchises within the U.S. with this comprehensive Regional Franchise Agreement template.

Responsibilities of the Regional Franchisor

• A regional franchisor is responsible for supporting franchisees and growing their region by selling franchises.
• The regional franchisor will recruit, screen, train and assist franchisees who will open and operate new franchise locations.
• Regional franchisors must meet a minimum investment obligation and pay a franchise advertising fee into a regional co-op advertising fund.

Exclusive Territory

Each regional franchisor will operate on an exclusive basis within a clearly specified development area.

Jurisdiction and Format of Template

The agreement template is available in MS Word format and is fully customizable to meet your needs. It is governed by U.S. franchise laws and is intended for use only by franchises operating in the United States.

This customizable Franchise Agreement template is between a regional subfranchisor and a new franchisee applying for a US franchise.

Parties to the Agreement

The regional subfranchisor acts as the franchisor’s agent within the specified development area, to recruit, screen and train new franchisees.

Under the terms of this Franchise Agreement, the regional subfranchisor grants the new franchisee the right, license and operation to operate a franchise at a specified location within the development area.

Amounts Franchisees are Required to Pay

The franchise agreement requires franchisees to pay:

• the initial franchise fee,
• a weekly royalty based on gross sales, and
• a monthly advertising fund fee.

What is Included in This Document Package

This is a comprehensive 50-page franchise agreement template which includes the following items:

1. Franchise Agreement,
2. Glossary of Terms,
3. Summary of Information concerning Franchisee and the Franchise,
4. Personal Guarantee and Agreement to be Bound by Terms,
5. Confidentiality and Non-Competition Agreement,
6. Conditional Assignment of Telephone Number,
7. Acknowledgment of Franchisee.

Format and Jurisdiction

The document package is available in MS Word format and is fully editable so that you can easily tailor it to your exact needs. The Agreement is governed by U.S. laws and is intended for use only within the United States.

Regional franchisors can sign up new area developers in a designated territory with this customizable Franchise Area Development Agreement for U.S. franchises.

What is an area developer?

The area developer is an independent contractor, whose main responsibility is to develop new franchises on behalf of the master franchisor within the assigned territory.

Key Provisions of the Agreement

• The regional franchisor grants the area developer a license to use the master franchisor's systems and business marks within the development area.
• The area developer must pay a non-refundable area development fee, calculated based on the number of franchise locations established within the territory.
• The area developer must enter into a franchise agreement for each franchised business established within the development area. The developer is responsible for locating and securing acceptable sites for each business.

Right of First Refusal

The regional franchisor is granted a right of first refusal if the area developer wishes to sell all or part of its assets and business.

Non-Competition

The area developer agrees not to compete with the business of the master franchisor during the term of the Agreement and for two years afterward.

Format and Jurisdiction

This Area Development Agreement is available as a downloadable and fully editable MS Word template from MegaDox.com. It is intended to be used only within the United States.

Appoint regional sub-franchisors for a restaurant chain in the United States with this Regional Sub-Franchise Agreement template.

• The regional sub-franchisor will develop and manage franchisees in a designated area and provide them with support services, such as business consultation and advice, assistance in acquiring a location, lease negotiations, construction coordination, marketing advice, implementation, and training.
• The sub-franchisor will pay a non-refundable sub-franchise fee.
• The sub-franchisor will have the exclusive right to act as sub-franchisor within the designated territory.
• The franchisor grants the sub-franchisor the right to use its trademarks and logos, and will provide training and materials.
• The franchisor will pay all bills and invoices owing to the sub-franchisor.
• Provided in MS Word format and fully editable to meet your needs.