Restaurant Partnership Agreement Template

You can open the Restaurant Partnership Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Restaurant Partnership Agreement Template

Printable | Editable Form




Restaurant Partnership Agreement Template (1)
Between:
[Name of Partner 1]
[Partner 1’s ID]
[Partner 1’s Address]
[Partner 1’s Phone]
[Partner 1’s Email]
And:
[Name of Partner 2]
[Partner 2’s ID]
[Partner 2’s Address]
Introduction:
This Partnership Agreement is established to outline the terms of the partnership formed between the parties for the operation of a restaurant known as [Restaurant Name].
Clause 1: Purpose of the Partnership
The purpose of this partnership is to run a restaurant business that provides high-quality dining experiences.
Clause 2: Capital Contributions
Each partner agrees to make an initial capital contribution of [Specify Amount], and subsequent contributions may be made as necessary, based on mutual agreement.
Clause 3: Profit and Loss Distribution
Profits and losses will be shared equally between the partners unless otherwise agreed upon in writing.
Clause 4: Management and Duties
Partner 1 will oversee daily operations, while Partner 2 will handle marketing and finance, aligning their efforts towards the overall success of the restaurant.
Clause 5: Termination of Partnership
The partnership may be dissolved under the following conditions: [Specify conditions], and the remaining assets will be distributed as per mutual agreement.
Clause 6: Confidentiality
Both partners agree to maintain confidentiality regarding business operations, financials, and recipes involved in the restaurant.
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of Partner 1]
[Name of Partner 1]
[Signature of Partner 2]
[Name of Partner 2]
Restaurant Partnership Agreement Template (2)
Between:
[Name of Partner 1]
[Partner 1’s ID]
[Partner 1’s Address]
[Partner 1’s Phone]
[Partner 1’s Email]
And:
[Name of Partner 2]
[Partner 2’s ID]
[Partner 2’s Address]
Introduction:
This document outlines the agreement between the partners for establishing and managing a restaurant named [Restaurant Name] commencing on [Start Date].
Clause 1: Business Operations
The partners will collaborate to manage the restaurant, with each having defined roles to ensure a successful operation.
Clause 2: Initial Investment
Each partner shall contribute [Specify Amount] to the initial investment, with provisions for any future investments agreed upon in writing by both parties.
Clause 3: Revenue Sharing Model
Net profits will be distributed [Specify percentage] to Partner 1 and [Specify percentage] to Partner 2 after covering all operating expenses.
Clause 4: Responsibilities
Partner 1 will manage staffing and kitchen operations while Partner 2 will oversee customer service and financial matters.
Clause 5: Exit Strategy
In case of partnership dissolution, the remaining assets will be liquidated, and net proceeds will be divided as mutually decided in writing.
Clause 6: Non-Disclosure Agreement
The partners agree to a non-disclosure agreement to protect sensitive information related to business operations and strategies.
Clause 7: Legal Compliance
This partnership will comply with all local business regulations, health codes, and restaurant licenses applicable to the operation of the restaurant.
Signed in [City], [Date].
Sincerely,
[Signature of Partner 1]
[Name of Partner 1]
[Signature of Partner 2]
[Name of Partner 2]

Form

Please complete the form below to create the Restaurant Partnership Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Restaurant Partnership Agreement Template

1. Partner Information




2. Restaurant Information


3. Partnership Details


4. Capital Contributions

5. Profit and Loss Distribution

6. Responsibilities and Duties

7. Decision-Making Process

8. Confidentiality Terms

9. Termination Clauses

10. Signatures and Acceptance

11. Declaration and Signatures




PDF


WORD

Printable

Restaurant Partnership Agreement Template

Printable | Editable Form




Restaurant Partnership Agreement Template