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Franchise Agreement

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Legal Document Intelligence

The world's best franchise agreement extraction

Convert franchise agreements into structured data for royalty tracking, compliance monitoring, and franchisee management. Extract franchisor, franchisee, fees, territory, operational standards, and renewal terms from any format.

franchise-agreement.pdf


Agreement Id

FRA-2024-0089


Effective Date
May 01, 2024

Franchisor

QuickServe Restaurant Group Inc.


Franchisee

Smith Family Restaurants LLC


Franchisee Address

789 Main Street, Columbus, OH 43215


Brand

QuickServe Cafe


Territory

Columbus, OH - 5 mile radius from location


Location Address

123 Commerce Drive, Columbus, OH 43215


Initial Franchise Fee

45,000


Currency

USD


Royalty Rate

6% of gross sales


Advertising Fee

2% of gross sales


Technology Fee

500


Technology Fee Frequency

Monthly


Term Years

10


Renewal Terms

Two 5-year renewal options


Renewal Fee

15,000


Training Requirement

4-week initial training program


Operating Hours

6:00 AM - 10:00 PM daily


Minimum Net Worth

500,000


Minimum Liquidity

150,000


Non Compete

2 years, 25 mile radius post-termination


Transfer Rights

Subject to franchisor approval and transfer fee


Governing Law

Delaware

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DocuPipe processes franchise agreements from CLM systems, email, and document repositories. Route extracted terms to franchise management platforms, ERP, and CRM for automated royalty calculations and compliance tracking.

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