tiktok³ÉÈ˰æ

Franchise Transfer Agreement Template for Canada

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Franchise Transfer Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Franchise Transfer Agreement

"I need a Franchise Transfer Agreement for transferring my coffee shop franchise in Ontario, Canada to a new franchisee by March 2025, with special provisions for existing employee retention and equipment transfer."

Document background
The Franchise Transfer Agreement is a critical document used when an existing franchisee wishes to sell or transfer their franchise business to a new operator in Canada. This agreement is essential for maintaining the integrity of the franchise system while facilitating business transfers in compliance with Canadian federal and provincial franchise laws. It details the terms and conditions of the transfer, including purchase price, assets included, training requirements, and ongoing obligations. The document must comply with provincial franchise legislation such as Ontario's Arthur Wishart Act or Alberta's Franchises Act, where applicable. It protects the interests of all parties - the franchisor's right to approve the new franchisee, the existing franchisee's right to realize value from their business, and the new franchisee's right to proper disclosure and training. The agreement typically includes comprehensive schedules covering assets, liabilities, employees, and operational requirements.
Suggested Sections

1. Parties: Identification of the franchisor, existing franchisee (transferor), and proposed new franchisee (transferee)

2. Background: Context of the existing franchise relationship and proposed transfer

3. Definitions: Key terms used throughout the agreement

4. Transfer Consent: Franchisor's formal consent to the transfer and any conditions attached

5. Purchase Price and Payment: Details of the transfer consideration and payment terms

6. Conditions Precedent: Conditions that must be satisfied before the transfer can complete

7. Due Diligence Requirements: Required financial and operational review processes

8. Training and Transition: Requirements for training the new franchisee and transition period obligations

9. Release of Existing Franchisee: Terms of release for the transferor from ongoing obligations

10. New Franchise Agreement: Requirement for new franchisee to enter into current form of franchise agreement

11. Representations and Warranties: Statements of fact by all parties regarding their capacity and the business

12. Transfer Process: Step-by-step procedure for completing the transfer

13. Costs and Fees: Allocation of transfer fees, legal costs, and other expenses

14. Confidentiality: Obligations regarding confidential information during and after transfer

15. Governing Law: Applicable law and jurisdiction

Optional Sections

1. Lease Assignment: Required when premises are leased and need to be transferred

2. Employee Matters: Included when existing employees will transfer to the new franchisee

3. Inventory Transfer: Detailed provisions for inventory valuation and transfer when significant inventory is involved

4. Third Party Contracts: Provisions for handling assignment of supplier and service contracts

5. Non-Competition: Additional non-compete provisions for the transferor beyond standard franchise agreement terms

6. Holdback Provisions: When part of the purchase price needs to be held in escrow

7. International Provisions: Required when transfer involves cross-border elements

8. Renovation Requirements: When the transfer requires updating premises to current system standards

Suggested Schedules

1. Schedule A - Business Assets: Detailed list of all assets included in the transfer

2. Schedule B - Excluded Assets: List of assets specifically excluded from the transfer

3. Schedule C - Financial Statements: Recent financial statements of the franchise business

4. Schedule D - Lease Details: Summary of lease terms and assignment requirements

5. Schedule E - Transfer Fees: Detailed breakdown of all fees payable for the transfer

6. Schedule F - Employee Information: List of employees and their employment terms

7. Schedule G - Outstanding Liabilities: List of any outstanding liabilities and their treatment

8. Appendix 1 - Transfer Approval Form: Standard franchisor transfer approval documentation

9. Appendix 2 - Training Schedule: Details of required training program for new franchisee

10. Appendix 3 - Closing Checklist: List of all documents and actions required for closing

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
















































Clauses




































Relevant Industries

Food and Beverage

Retail

Hospitality

Automotive

Education and Training

Health and Fitness

Professional Services

Home Services

Real Estate

Personal Care Services

Relevant Teams

Legal

Operations

Franchise Development

Compliance

Finance

Training

Business Development

Risk Management

Documentation

Franchise Support

Relevant Roles

Franchise Development Manager

Legal Counsel

Chief Executive Officer

Chief Operating Officer

Franchise Operations Director

Business Development Manager

Compliance Officer

Regional Franchise Manager

Training Manager

Financial Controller

Franchise Support Coordinator

Business Transfer Specialist

Risk Management Officer

Franchise Documentation Specialist

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Partnership Interest Transfer Agreement

A Canadian law-governed agreement facilitating the transfer of partnership interests between parties, ensuring compliance with federal and provincial regulations.

find out more

Shop Ownership Transfer Agreement

A Canadian legal agreement facilitating the complete transfer of shop ownership between parties, including assets, liabilities, and operational rights.

find out more

Transfer Of Service Agreement

A Canadian-law governed agreement facilitating the transfer of service delivery responsibilities between providers, including terms for transition of assets, personnel, and obligations.

find out more

Transfer Agency Agreement

A Canadian-law governed agreement establishing the relationship between an issuer and transfer agent for securities administration and shareholder services.

find out more

Employee Transfer Agreement

A Canadian legal agreement facilitating the transfer of employees between employers while maintaining employment continuity and protecting all parties' rights and obligations.

find out more

Cession Agreement

A Canadian legal document that formalizes the transfer of rights, property, or obligations from one party to another, governed by federal and provincial laws.

find out more

Business Asset Transfer Agreement

A Canadian legal agreement governing the transfer of business assets between entities, detailing terms, conditions, and obligations of the sale.

find out more

Vehicle Transfer Of Ownership Agreement

A Canadian legal agreement documenting the transfer of vehicle ownership between parties, including sale terms and compliance with provincial regulations.

find out more

Takeover Agreement By Transfer Of Company Shares

A Canadian law-governed agreement documenting the terms and conditions for acquiring a company through share purchase, including regulatory compliance and transaction structure.

find out more

Stock Transfer Agreement Gift

A Canadian legal document facilitating the gratuitous transfer of corporate shares from a donor to a donee, ensuring compliance with relevant corporate and tax laws.

find out more

Source Code Transfer Agreement

A Canadian law-governed agreement for transferring ownership of source code and related intellectual property rights between parties.

find out more

Real Estate Transfer Agreement

A Canadian legal document facilitating the transfer of real property ownership between parties, outlining all terms and conditions of the sale in compliance with federal and provincial laws.

find out more

Profit Transfer Agreement

A Canadian-law governed agreement establishing the framework for profit transfers between related corporate entities, including calculation methods and compliance requirements.

find out more

Note Transfer Agreement

A Canadian-law governed agreement documenting the transfer of a promissory note or debt instrument between parties, including terms, conditions, and regulatory compliance requirements.

find out more

Domain Transfer Agreement

A Canadian law-governed agreement for transferring domain name ownership, ensuring compliance with CIRA requirements and protecting both transferor and transferee interests.

find out more

Business Sales Agreement Contract

A Canadian-law governed agreement documenting the terms and conditions for the sale and purchase of a business or its assets.

find out more

Business Lease Transfer Agreement

A Canadian legal agreement facilitating the transfer of commercial lease rights and obligations from an existing tenant to a new tenant, with landlord's consent.

find out more

Hospital Transfer Agreement

A Canadian healthcare agreement establishing protocols and responsibilities for patient transfers between medical facilities, ensuring regulatory compliance and patient safety.

find out more

Facility Transfer Agreement

A Canadian-law governed agreement facilitating the complete transfer of facility ownership and operational control between parties, including assets, contracts, and associated obligations.

find out more

Transfer Of Property Rights Agreement

A Canadian legal document facilitating the transfer of property rights between parties, ensuring compliance with federal and provincial property laws while protecting all parties' interests.

find out more

Intercompany Employee Transfer Agreement

A Canadian-law governed agreement facilitating temporary employee transfers between related companies, addressing employment terms, compliance, and regulatory requirements.

find out more

Assignment Of Interest Agreement

A Canadian law-governed agreement that formally transfers legal or beneficial interests from an assignor to an assignee, including all relevant terms and conditions.

find out more

Vehicle Transfer Agreement

A Canadian legal agreement facilitating the transfer of vehicle ownership between parties, ensuring compliance with provincial regulations and documenting transfer terms.

find out more

Promissory Note Transfer Agreement

A Canadian law-governed agreement for transferring ownership and rights of a promissory note from one party to another, including terms of transfer and compliance requirements.

find out more

Agreement To Transfer Shares Of Private Limited Company

A Canadian law-governed agreement facilitating the formal transfer of shares between parties in a private limited company, ensuring legal compliance and transaction security.

find out more

Vehicle Ownership Transfer Agreement

A Canadian legal agreement documenting the transfer of vehicle ownership between parties, compliant with federal and provincial regulations.

find out more

Software Ownership Transfer Agreement

A Canadian law-governed agreement for transferring complete ownership rights of software, including intellectual property and associated assets, from one party to another.

find out more

Simple Real Estate Purchase Agreement Between Family Members

Canadian real estate purchase agreement template for family member property transfers, incorporating essential legal requirements and family-specific considerations.

find out more

Intra Company Agreement

Canadian-law governed agreement regulating relationships and service arrangements between entities within the same corporate group.

find out more

Company Takeover Agreement

A Canadian-law governed agreement documenting the terms and conditions for one company's acquisition of another, including purchase terms, warranties, and closing requirements.

find out more

Transfer Of Land Ownership Agreement

A legally binding agreement under Canadian law that facilitates the transfer of land ownership from vendor to purchaser, including all terms and conditions of the transfer.

find out more

Operations Transfer Agreement

A Canadian law-governed agreement for transferring business operations between entities, including assets, employees, and related obligations.

find out more

Intercompany Assignment Agreement

A Canadian-law governed agreement managing temporary employee assignments between related companies, addressing employment terms, compensation, and compliance requirements.

find out more

Trademark Transfer Agreement

A Canadian law-governed agreement that transfers all rights and interests in specified trademarks from one party to another, including provisions for registration with CIPO.

find out more

Simple Transfer Of Ownership Agreement

A Canadian legal document that formalizes the transfer of property ownership between parties, ensuring compliance with federal and provincial regulations.

find out more

Transfer Payment Agreement

A Canadian legal agreement governing the transfer of public funds from government entities to recipient organizations, establishing terms, conditions, and accountability measures for funding.

find out more

Intercompany Asset Transfer Agreement

A Canadian law-governed agreement for transferring assets between related companies within the same corporate group, ensuring legal and tax compliance.

find out more

Franchise Transfer Agreement

A Canadian-law governed agreement facilitating the transfer of franchise rights and obligations from an existing franchisee to a new franchisee, ensuring compliance with federal and provincial regulations.

find out more

Wire Transfer Agreement

A Canadian-law governed agreement establishing terms and conditions for wire transfer services between financial institutions and their customers.

find out more

Partnership Transfer Agreement

A Canadian-law governed agreement facilitating the transfer of partnership interests between parties, outlining terms, conditions, and obligations of the transfer.

find out more

Business Transfer Contract

A Canadian-law governed agreement facilitating the complete transfer of business ownership between entities, including assets, liabilities, and related obligations.

find out more

Software Transfer Agreement

A Canadian law-governed agreement for transferring software ownership and associated rights between parties, including IP rights, warranties, and implementation requirements.

find out more

Transfer Of Sale Agreement

A Canadian legal document facilitating the transfer of ownership of assets or property from seller to purchaser, governed by federal and provincial laws.

find out more

Bond Transfer Agreement

A Canadian-law governed agreement documenting the transfer of bond ownership between parties, ensuring compliance with federal and provincial securities regulations.

find out more

Software License Transfer Agreement

A Canadian-law governed agreement facilitating the transfer of software license rights between parties, including terms, conditions, and compliance requirements.

find out more

Credit Transfer Agreement

A Canadian law-governed agreement facilitating the transfer of credit rights and obligations between financial institutions or parties, detailing transfer terms and regulatory compliance requirements.

find out more

Conveyance Agreement

A legal document governed by Canadian law that facilitates the transfer of real property ownership between parties, detailing all terms and conditions of the transfer.

find out more

Asset Assignment Agreement

A Canadian legal document facilitating the transfer of asset ownership rights from an Assignor to an Assignee, governed by federal and provincial laws.

find out more

Land Transfer Agreement

A Canadian legal document facilitating the transfer of real property ownership between parties, compliant with federal and provincial property laws.

find out more

Intercompany License Agreement

A Canadian-law governed agreement for licensing intellectual property and technology between related companies within the same corporate group.

find out more

Transfer Of Rights Contract

A Canadian law-governed agreement facilitating the formal transfer of rights between parties, including terms, conditions, and regulatory compliance requirements.

find out more

Stock Transfer Agreement

A Canadian legal agreement facilitating the transfer of shares between parties, ensuring compliance with federal and provincial regulations while protecting all parties' interests.

find out more

License Transfer Agreement

A Canadian-law governed agreement that enables the formal transfer of license rights between parties, ensuring regulatory compliance and proper transfer of associated obligations.

find out more

Profit And Loss Transfer Agreement

A Canadian law-governed agreement establishing the framework for transferring profits and losses between a parent company and its subsidiary, facilitating group taxation and financial consolidation.

find out more

Money Transfer Agreement

A Canadian-law governed agreement establishing terms and conditions for money transfer services, ensuring compliance with federal and provincial financial regulations.

find out more

Liability Transfer Agreement

A Canadian law-governed agreement facilitating the transfer of specified liabilities between parties, including terms, conditions, and compliance requirements.

find out more

Technology Transfer Agreement

A Canadian-law governed agreement facilitating the transfer of technology, technical know-how, and related intellectual property rights between parties, including implementation and compliance provisions.

find out more

Equity Transfer Agreement

A Canadian law-governed agreement facilitating the transfer of equity interests between parties, outlining terms, conditions, and regulatory compliance requirements.

find out more

Debt Transfer Agreement

A Canadian law-governed agreement facilitating the transfer of debt obligations between creditors, including associated rights and obligations.

find out more

Assignment And Transfer Agreement

A Canadian law-governed agreement that formalizes the transfer of rights, assets, or obligations from one party to another, ensuring legal compliance and documenting transfer terms.

find out more

Asset Transfer Agreement

A Canadian law-governed agreement facilitating the transfer of assets between parties, detailing terms, conditions, and regulatory compliance requirements.

find out more

Rights Transfer Agreement

A Canadian law-governed agreement that formally transfers ownership of rights (such as intellectual property) from one party to another.

find out more

Contract Transfer Agreement

A Canadian legal document that facilitates the transfer of contractual rights and obligations from one party to another, ensuring compliance with federal and provincial laws.

find out more

Trademark Assignment Agreement

A Canadian legal agreement that transfers ownership of trademark rights from one party to another, including all associated rights and goodwill.

find out more

Intellectual Property Transfer Agreement

A Canadian-law governed agreement for transferring intellectual property rights between parties, including terms, conditions, and warranties for the transfer.

find out more

Title Transfer Agreement

A Canadian legal document facilitating the transfer of property ownership between parties, compliant with federal and provincial regulations.

find out more

Sales Of Shares Agreement

A Canadian law-governed agreement documenting the terms and conditions for the sale and purchase of shares in a company, including price, warranties, and completion requirements.

find out more

Assignment Of Lease

A Canadian legal document that transfers lease rights and obligations from an existing tenant to a new tenant, with landlord's consent, under Canadian federal and provincial law.

find out more

Receivables Transfer Agreement

Canadian-law governed agreement for the transfer of accounts receivable, establishing terms for sale, collection, and ongoing management of receivables.

find out more

Debt Assignment Agreement

A Canadian-law governed agreement that transfers debt obligations and associated rights from one party to another, ensuring compliance with federal and provincial regulations.

find out more

Commercial Lease Assignment Agreement

A Canadian legal document that transfers commercial lease rights and obligations from an existing tenant to a new tenant, with landlord's consent and subject to provincial law.

find out more

Bill Of Sale Assignment And Assumption Agreement

A Canadian legal document facilitating the transfer of assets, rights, and obligations from one party to another, combining elements of both sale and assignment agreements.

find out more

Transfer And Assumption Agreement

A Canadian law-governed agreement facilitating the transfer of assets, rights, and obligations from one party to another, including detailed terms and conditions of the transfer.

find out more

Technology Assignment Agreement

A Canadian legal document facilitating the transfer of technology ownership rights and related intellectual property from one party to another, ensuring compliance with federal and provincial laws.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.