US Legal Forms
Area Development Agreement

Area Development Agreement

Category:

Franchises - Agreements

State:

Multi-State

Control #:

US-2-02-1-STP

Format:

Instant download

Description

Area Development Agreement: An Area Development Agreement is made between an Owner and Area Franchisee. The Owner desires to expand and develop the Franchise Business and wishes to allow the Area Franchisee the use of the Owner's established franchise name and likeness to accomplish the Owner's goal of expansion. However, the Area Franchisee must adhere to the guidelines listed in this agreement. This form is available in both Word and Rich Text formats.

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FAQ

While a franchisee may over time acquire multiple locations, an Area Developer (more properly called a Multi-Unit Developer) enters into the franchise relationship with a plan to develop multiple locations.A set number of franchises; during. A set period of time; in. A defined market area.

An Area Development Agreement (also referred to as Multi-Unit Development Agreement) is a type of agreement made with a franchisor which states that a franchisee must open a certain number of franchise units in a particular area within a set timeframe.

Single Unit Franchise. Single Unit Franchise (or Direct Unit Franchise) is the most traditional and historically the most common form of franchising. Multi Unit Franchise. Area Development Franchise. Master Franchise.

Share. Sub-franchising is the term used to describe the relationship between a master franchisee and the unit franchisee in those systems that are the overseas operations of a franchisor that has decided to expand internationally.