The Internicola Law Firm, P.C.

What is an Area Franchise?

When structuring your franchise, one of your options may be to structure an area franchise arrangement. An area franchise is more or less a "bundle" of unit franchises, which are sold under a multiple unit development plan. This kind of plan grants you the right to develop a number of separate franchises, usually within a specific territory.

If you are starting a franchise in New York, and you would like to own more than one franchise location, you may want to try to negotiate an Area Development Agreement. However, not all franchisors will grant you an Area Development Agreement, so you must first learn which options are available. A New York franchise lawyer can help you research your franchise options, and may help you negotiate such an agreement if possible.

Some of the more significant elements of an area development agreement include: 

• the definition of your territory, including your exclusivity rights and any exceptions;
• the number of outlets that will be developed;
• the time frames for this development;
• any assistance that the franchisor will give you during development;
• your fee obligations; and
• termination and its consequences. 

If you plan to start a franchise in New York, there are several types of franchise structures that you may be able to choose from. However, there may be certain advantages or disadvantages in your particular case. Therefore, before you choose, you should get the professional advice of a New York franchise lawyer.  

If you are an entrepreneur who is interested in franchising your business there is a lot you need to know, including the significance of evaluating your trademark and how to approach the preparation of your Franchise Disclosure Document. For a limited time, get New York franchise lawyer Charles N. Internicola, Esq's franchise law report to determine whether your business is right for franchising. Contact us today at 1-800-976-4904 for more information about Mr. Internicola's franchise law services in New York and how he assists entrepreneurs franchise their business nationwide.