Need a Franchise Agreement in Kurnool?
At Landmarq, we draft customized franchise contracts that protect your brand while complying with Indian Contract Act & Franchising Laws, featuring:
✅ Brand Protection Clauses (Trademarks, Brand Guidelines)
✅ Fee Structure & Royalties (Upfront, Ongoing %)
✅ Territory & Exclusivity Terms
✅ Termination & Renewal Policies
Required Details:
1. Franchisor Details
- Full Legal Name of Franchisor (individual or company)
- Business Registration Certificate (e.g., GST, CIN, MSME)
- Registered Office Address
- PAN Card & GSTIN
- Trademark/Brand Registration Certificate
- Business Profile & Company Background
- List of existing franchise outlets (if any)
- Standard Operating Procedure (SOP) manual (if available)
- Training and Support Plan
2. Franchisee Details
- Full Name of Franchisee (individual or entity)
- Address Proof (Aadhar, Passport, Utility Bills)
- Business/Company Registration Documents (if any)
- PAN & GST Number (if applicable)
- Proof of Funds or Financial Statement
- Passport-size Photograph
- Previous Business Experience (if any)
- Bank Details
3. Franchise Business Details
- Location of Proposed Franchise Outlet
- Area/Region/Territory Rights Requested
- Desired Term/Duration of Franchise Agreement
- Initial Franchise Fee & Royalty Structure
- Investment Estimate (setup cost, working capital)
- Expected Launch Date
4. Legal and Operational Clauses
- Intellectual Property (IP) usage rights
- Marketing & Branding Policies
- Training Requirements
- Equipment and Supply Requirements
- Profit Sharing (if applicable)
- Confidentiality & Non-compete Clauses
- Dispute Resolution Mechanism
- Exit or Termination Terms
5. Signature and Execution
- Signature of Both Parties
- Date and Place of Signing
- Two Witness Signatures (with name, address, and ID)
- Stamp Paper (as per state law)
For inquiries or submission, contact us at:
Landmarq – Conveyancing and Legal, a trusted legal and documentation service provider in Kurnool, is here to assist you with all your agreement needs.
📧 Email: [email protected] | 📞 Phone/WhatsApp: +91 70452 82751
1. What is a Franchise Agreement?
A Franchise Agreement is a legal contract between a franchisor (brand owner) and a franchisee (individual/business) that outlines the terms under which the franchisee can operate a business using the franchisor’s brand, products, and systems.
2. Why is a Franchise Agreement important?
It protects both parties by clearly defining rights, duties, fees, support, and restrictions, reducing the risk of future disputes.
3. What are the key components of a Franchise Agreement?
- Duration of the franchise
- Franchise fees and royalty structure
- Territory rights
- Operational guidelines
- Training and support
- Intellectual property usage
- Branding and advertising obligations
- Renewal and termination clauses
- Dispute resolution process
4. How long does a typical franchise agreement last?
Usually between 5 to 10 years, but this varies by business and industry.
5. Can the agreement be renewed or transferred?
Yes. Many agreements include renewal terms. Transfers are possible but usually require franchisor approval.
6. Is it mandatory to register franchise agreements in India?
Currently, India does not require franchise agreements to be registered, but it is advisable to have them in writing and duly signed.
7. Are franchisees considered employees of the franchisor?
No, franchisees are independent business owners and are not employees.
8. Can a franchise agreement be terminated early?
Yes, under specific conditions such as breach of contract, insolvency, or mutual consent.
9. Is there any legal protection for franchisees?
Franchisees are protected under general contract law. It’s important to ensure the agreement is balanced and reviewed by a legal expert.
10. Should a franchise agreement be notarized or stamped?
Yes, to make it legally enforceable, it should be printed on appropriate stamp paper as per state laws and duly signed by both parties.