What is a Sublease by Franchisor?

Question

Accepted Answer

You're a franchisor who's renting commercial space. If your landlord agrees, you can sublet your commercial space to a franchisee. A Sublease by Franchisor is the agreement between the franchisor and franchisee to formalize the arrangement.

Use the Sublease by Franchisor document if:

You are a Franchisee that purchased a Franchise and need to sublease space from a Franchisor.
You are a Franchisor who has just franchised a unit and agreed that Franchisee is to sublease a certain location that you have already leased out for such purpose.

If you're a franchisor who's rented commercial space and you want to let a franchisee sublease it from you, make sure the landlord's on board - that's often legally required. Or if you're the franchisee, and have a franchisor in your corner, you may want to lease space from them. One of the reasons you got into franchises was for the support. If your franchisor has commercial space available to sublet, that's one less big thing for you to worry about. A Sublease by Franchisor can benefit both the landlord and tenant.

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