Restaurant Partnership Agreement Template for Nigeria

1. Exclusivity: Restricts partners from engaging in competing businesses - include when partners want geographic or market exclusivity

2. Expansion Rights: Details procedures for opening additional locations - include when partners plan future expansion

3. Marketing and Branding: Specifies joint marketing efforts and brand usage - include when partnership involves shared branding

4. Equipment and Assets: Details ownership and maintenance of specific equipment - include when significant shared assets are involved

5. Third-Party Relationships: Governs relationships with suppliers and delivery services - include when partnership involves key external partnerships

6. Foreign Investment: Addresses foreign ownership requirements - include when any partner is non-Nigerian

7. Training Requirements: Specifies mandatory training programs - include when specific operational standards must be maintained

1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's initial and ongoing capital contributions

2. Schedule 2: Profit Sharing Formula: Detailed calculation method for profit distribution

3. Schedule 3: Operating Procedures: Specific operational guidelines, food safety procedures, and quality standards

4. Schedule 4: Equipment and Assets: Inventory of shared equipment, furniture, and fixtures

5. Schedule 5: Menu Items: Agreed menu items, pricing structure, and modification procedures

6. Schedule 6: Key Performance Indicators: Metrics for measuring partnership performance

7. Appendix A: Required Licenses: List of mandatory licenses and permits

8. Appendix B: Insurance Requirements: Required insurance coverage and minimum limits

9. Appendix C: Employee Handbook: Standard operating procedures for staff

10. Appendix D: Brand Guidelines: Standards for use of logos, signage, and marketing materials