Free Franchise Conversion LOI Generator
For an independent business converting to a franchise brand. Covers reduced fees, royalty ramp-up, rebranding, and conversion costs. 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
- Business owner
- Franchisor
- Conversion
- Conversion fee
- Royalty
- Baseline sales
- Rebranding
- Conversion allowance
- Existing customers
- Territory
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)
- Franchise Resale Acquisition LOI
- Hotel Management Agreement Term Sheet