Free Franchise Area Development LOI Generator
For a multi-unit franchisee committing to open several locations in a territory. Covers the development schedule, fees, and exclusivity. Fill in the terms on the left. Your letter of intent updates on the right. Download it as a Word file when you're done.
Before you use this: Franchise sales are regulated by the FTC and many states. A franchisor may not collect any money or a signed agreement until the buyer has had its Franchise Disclosure Document for at least 14 days. Have a franchise attorney review before signing.
What this template covers
- Developer
- Franchisor
- Grant
- Development schedule
- Development fee
- Unit franchise fees
- Ongoing fees
- Exclusivity
- Missed schedule
- Site approval
Paragraphs marked binding, such as confidentiality and exclusivity, are meant to be enforceable. Everything else is non-binding. The example terms are only examples. Replace them with your deal. Use the × next to any term to remove it, or add your own terms at the bottom of the form.
Related generators
- Franchise Letter of Intent (New Unit)
- Master Franchise LOI (International)
- Franchise Resale Acquisition LOI
- Ground Lease LOI