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Franchise Agreement by GTJ REIT, Inc FindForms Com

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Franchise Agreement by GTJ REIT, Inc FindForms Com

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when buying a franchise you will sign a franchise agreement this franchise agreement covers everything that you are obliged to do Post owning a franchise things to consider are the franchise term make sure your franchise term lines up with your lease or site term if you have a 5year lease ensure your franchise fee covers that 5 years because ultimately you are responsible for the lease and you want the term of the franchise to match that the other is the territory rights understand your territory rights these days a lot of franchise oil don't include these in their franchise agreement because ultimately if they end up selling the franchise brand they want the right to be able to open a franchise within 2 km or 3 km or 5 km yes generally the the most ethical thing to do is give you first R of refusal if there is a second site that's very close to your store but they're not obliged to do this so make sure you cover this training and support understand what the tra

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