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Burger King Franchise Agreement Pdf

Contract and renewal period: The initial term of the franchise is 20 years for an independent restaurant and may be less for non-traditional locations or for a shorter period. There is no right to renew. It is possible to obtain a successor franchise agreement for a maximum period of 20 years if the franchisee complies with the franchise agreement and all other agreements with the franchisor. Financial support: If the franchisor owns or leases the land or land and the construction of the restaurant, it can rent or sublet the site to the franchisee. The franchisor may also provide financing for certain other types of transactions from time to time. The franchisor currently has two different forms of franchise agreements that correspond to three different types of franchise ownership: individual (or owner/operator) and entity. The franchise granted may be operated in one of three locations and types of facilities: NOTE: FDD pages are provided for informational purposes only. This is an overview of what is included in the complete document to be given to the potential franchisee by the franchise – and whose receipt must be formally notarized between the parties. If you would like to get in touch with a franchise, please browse our lists through the “Industry” pages accessible from the drop-down menu above.

“You`re going to run a quick-service restaurant that specializes in selling burgers in Burger King Corporation`s distinctive format and operating system, including burger king? Sign. The total investment required to order a BURGER KING® restaurant (“Restaurant”) ranges from $333,100 to $3,398,600, excluding real estate. This includes a franchise fee for each restaurant of up to $50,000, which must be paid to us. You may be eligible to sign an area development agreement… -Burger King FDD, March 2020 What`s in the Burger King Franchise Backgrounder (FDD) 2020? The U.S. Federal Trade Commission requires all franchisors selling franchises in the U.S. to create an FDD each year that covers 23 key disclosure points about the franchise opportunity. The FDD is written in a state-mandated format that is standardized for all franchises, must be presented in easy-to-understand language, and is generally longer than 100 pages. This document must be given to a potential franchisee before the franchise agreement is signed or the money changes hands. This document is extremely useful for anyone researching history, inner workings, and other important information and disclosures about the franchise system. Obligations and restrictions: The requirements for personal participation in the operation of the business differ for the two types of property, which is reflected in the forms of franchise agreements used for this purpose. Franchisees may only use the restaurant to operate a Burger King restaurant and must keep the restaurant open and in normal operation for the minimum hours and days specified in writing by the franchisor in the franchise agreement or otherwise. Franchisees must operate and deliver the restaurant if the franchisor authorizes the franchisee to provide delivery services, in strict accordance with the methods, standards and specifications prescribed in the manual or otherwise in writing.

Franchisees must offer and sell to the restaurant all products and services that have been expressly approved by the franchisor in the manual or otherwise in writing and only in accordance with the franchisor`s specifications and standards. Training Overview: Before opening the restaurant, franchisees must successfully complete the franchisor training program. The training program takes place in Miami, Florida or other locations specified by the franchisor. Restaurant training takes place in various restaurants approved as training restaurants. The franchisor may request additional training programs for owners/operators or directors to implement current operations, standards and procedures and facilitate the franchisee`s growth and changes. The franchisor also offers and sometimes needs regular workshops and seminars for managers, which include management courses and updating operational skills. The franchisor provides assistance for the pre-opening and opening of the restaurant as it deems appropriate. The franchisor also offers continuing education programs in which franchisees (as operating partners, general managers, operations managers or owner managers, depending on what is true) must participate. For some training, franchisees must pay course or material fees to the franchisor or third parties. The franchisor may make changes and revisions to the training program, locations or materials at any time. .