| Sub-License for Use of Business Marks in Operation of Fast Food Franchise ($25.00) | |
If you sell franchises on behalf of a franchisor, you will need to sub-license the use of the franchisor's trade marks and trade names to new franchisees so that they can use them in running the franchised business. Create your Sub-license Agreements with this easy-to-use template form. This Agreement is for fast food franchises, but is fully editable to fit your particular circumstances. Provisions of the Agreement include:
- You (as sub-licensor) have the right to cancel the Agreement and shut down the franchise outlet on written notice to the new franchisee (as sub-licensee), if gross sales targets are not met.
- The franchisee must purchase product and supplies from suppliers approved by you.
- The franchisee must maintain the premises up to the standards required by you and the Franchisor.
- You have the right to enter and inspect the premises and operations.
- The franchisee must make monthly sales reports and provide financial and accounting information regularly.
This is a generic franchising document in MS Word format, and is easy to use and understand.
Click here to download this file.
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