FRANCHISE AGREEMENT

INSTRUCTION

To: JAY CHAUHAN
Barrister and Solicitor
330 Highway 7 East, Suite 309.
Richmond Hill, Ontario L4B 3P8. 

1. NAME AND ADDRESS OF CLIENT:

 

 

2. NAME AND ADDRESS OF FRANCHISOR:

 

 

3. NAME AND ADDRESS OF FRANCHISEE:

 

 

4. ACTIVITY:
(Described briefly the kind of activity that the franchise organization will do)

 

 

5. EXCLUSIVE TERRITORY:
(If you are providing an exclusive territory to the franchisee please described the geography boundaries of the territory)

 

 

6. SUPPLY OF GOODS:
(If the franchisor will supply the materials what will be the price to the franchisee?)

 

 

7. TRADEMARKS AND PATENTS:
(If you have any trademarks or patents obtained please describe and advise if there will be a user agreement with the franchisee for the usual trademark or patent)

 

 

8. START UP AND TRAINING:
(Please describe the assistance the franchisor will provide to the franchisee to start the business up and to train and if there is any cost to be paid by the franchisee)

 

 

9. TERMINATION:
(Under what circumstances would the franchisor or the franchisee have the right to terminate the agreement)

 

 

10. ADVERTISING:
(Who will do the advertising and what percentage of the sales will be required to be used for advertising purposes)

 

 

11. FRANCHISE FEE:
(How much is the franchisor charging at the outset as a franchise fee, and the percentage payable based on the gross revenue)

 

 

12. COMMENCEMENT DATE:
(Please state the date on which the agreement is to commence)

 

 

                                                                                  ____________________
                                                                                  Client's signature

 

 

 

Additional Information on Franchisor

How old is the franchisor company ?___________________________________________

How many franchises have been established so far ?______________________________

Can references and addresses be provided of three franchisee operations which can be examined for their satisfaction and profitability ?

1.______________________________________________________________________

2.______________________________________________________________________

3.______________________________________________________________________

 How much did the franchisor invest in the company ? _____________________________

What is the area of exclusive operation of the franchise which the franchisor will give you in the agreement ? ________________________________________________________

What printed material can the franchisor provide ?________________________________

How many people work at the head office ?_____________________________________

What training will the franchisor provide ?_______________________________________

What on going support will the franchisor provide ?_______________________________

What assistance will the franchisor provide for the opening ? _______________________

What expense and arrangement has been made for advertising ?____________________

How long will the franchise agreement last ? ____________________________________

What is the arrangement for renewal of the franchise agreement ?___________________

What happens if the franchisor is bankrupt ? ____________________________________

Who will sign the lease of the premises ? ______________________________________