Use this free restaurant partnership agreement template to seal the deal on your collaborations.
If one of your great restaurant marketing ideas is to partner with another business, you likely will have to create a restaurant partnership agreement. A restaurant contract agreement is a key document that needs to be created and signed as part of the process to create restaurant partnerships. Continue reading to learn more about what restaurant partnership agreement samples include, the benefits of using a template agreement to get started, and much more.
What Are Restaurant Partnership Agreements?
Let’s start with walking through what are restaurant partnership agreements. Restaurant partnership agreements are contracts between two or more partners. When looking at a restaurant partnership agreement sample, it outlines the logistics of how the partners plan to operate together, as well as each partner’s rights and responsibilities.
What Is a Restaurant Partnership Agreement Template?
With a better understanding of what a restaurant contract agreement is, let’s discuss what a template for one is. A restaurant partnership agreement template is a document with terms and conditions that you can modify based on the relationship between all partners involved.
Elements of a Restaurant Partnership Agreement
Every restaurant partnership agreement can be customized to your specific business needs. However, here are the elements that can most commonly be found within a restaurant partnership agreement sample, including our template:
- Business information of each of the partners (name, address, and description)
- Nature of the business
- Partnership name
- Duration of the partnership
- Capital contribution
- Profits and losses
- Withdrawal and death of partner
- Non-compete agreement
- Section for partners to sign off on the agreement
All of these elements are outlined in our free downloadable restaurant partnership agreement template.
Benefits of Using a Restaurant Partnership Agreement Template
Now that you know what a restaurant partnership agreement template is and the key components, let’s discuss the benefits you can expect from one:
- Removes the heavy lifting and saves you time from not having to draft a restaurant partnership agreement from scratch.
- When scaling your partnerships, you can easily duplicate and modify the restaurant partnership agreement template to stay consistent when putting together future contracts.
- Time back to focus on more important projects, rather than spending time drafting legal documents for a restaurant or business partnership.
- And more!
Download our restaurant partnership agreement template to help you get started today. You’ll find our free fillable template to help you seal the deal on your restaurant partnerships with ease. And if you’re looking to expand on your marketing efforts, a restaurant marketing plan template can be beneficial as well.
After drafting your own version of a restaurant partnership agreement, you should always consult an attorney to ensure you are in compliance under applicable laws. An attorney will ensure you have all the necessary key information and that your business is protected in the event of any disputes.
Disclaimer: All of the information contained in this Restaurant Partnership Agreement Template (“Template”) is for informational purposes only and not for the purpose of providing legal, accounting, tax, career, or other professional advice. Depending on your size and location, you may be required by local, state, provincial, or federal laws to meet the requirements of the applicable privacy regulations. The above is not an exhaustive list of all your obligations as a business owner. In addition, laws change and evolve and some jurisdictions have requirements not imposed by others. You should consult an attorney to ensure compliance with applicable laws, and TouchBistro assumes no liability for the use of, or reference to, the Template. By accessing this Template, you acknowledge that: (a) you may have obligations under applicable law, including but not limited to, providing privacy notice, that are not addressed in this Template; (b) the Template may not address all your needs and you have the option to customize the Template; (c) the content should not be used as a substitute for professional legal advice, (d) you should not perform any act or make any omission on the basis of the Template without first seeking appropriate legal or professional advice, (e) you are solely responsible for your compliance with all applicable laws. If you do not agree with these terms, you must not access or use the Template. This Template does not, nor is it intended to, constitute legal advice and should not be relied upon or construed as legal advice or a legal opinion regarding any specific issue or factual circumstance, and receipt or use of this Template does not create a contractual relationship between you and TouchBistro. All information in this Template is provided “as is” without representations, warranties or conditions of any kind, whether express or implied, for general informational purposes only.
