A restaurant license contract is a written document which is made when the owner of a restaurant wishes to grant license to a second party for a fixed duration of time in return for a certain amount of money. This contract is based upon terms and conditions mutually agreed by both the parties
Sample restaurant license contract
This contract has been made effective as on 24th July, 2011 and is concerned with the restaurant licensing.
The parties involved in this contract are OWNER of the restaurant and USER.
Details of OWNER:
Name: Mr. Fred Nicholson
Address: 12-P, second floor, York’s building, CA
Details of USER
Name: Mr. Jamie Yale
Address: F-90, third floor, Tim square, CA
Details of restaurant:
Name: Bread and breakfast
Address: R-4, Henry square, CA
License code: 34/M-g
The restaurant is being handed over to the USER by the OWNER under the following terms and conditions:
The total amount to be paid by USER to OWNER each month shall be $5000.
This contract shall terminate on the date: 24th July, 2012
Length of contract: 12 months
- The USER agrees to use and run the restaurant on the same regulations and rules as set by the OWNER.
- The USER cannot sub license the restaurant to a third party under any circumstances
- The USER shall inform the OWNER of any major details related with the restaurant on immediate basis.
- The OWNER shall have right to inspection at any given point of time during contract length.
Signatures of the parties: