Free Franchise Letter of Intent Generator (New Unit)
For a franchisee signing up to open a new location with a franchisor. Covers franchise fee, royalties, territory, site approval, and opening timeline. 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
- Franchisee
- Franchisor
- Franchise
- Initial franchise fee
- Ongoing fees
- Territory
- Site selection
- Opening
- Training and support
- Term
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.
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