Restaurant Business Partnership Agreement

A restaurant business partnership agreement is a written document which is made when two parties agree to run the restaurant business on partnership basis. Such agreements are based upon a number of terms and conditions which are legally binding in nature and form for the involved parties.

Sample Restaurant Business Partnership Agreement:

This partnership agreement has been made on 1st May 2011 and shall remain into effect for 12 months from effective date.

Termination date of agreement: 1st May 2011

The following are the parties of the agreements and are together known as PARTNERS in the restaurant business

Partner 1

Name: Mr. Paul Hedrick

Address: 12-H, martins corner, LA

Contact number: 44704403284

Partner 2

Name: Mr. Tommy Riddle

Address: 5-K, second floor, Hunter’s street, LA

Contact number: 473094309870

  • Restaurant details:

Address: 12-k, south piazza, LA

Name: Paul and Riddle’s.

Cuisine: Italian

Duties of partner 1:

  • Management of employees
  • Marketing
  • Handling business operations

Duties of partner 2:

  • Creativity
  • Accounts and finance
  • Staff and menu operations

Terms and conditions:

  • Both the partners shall be equally entitled to both the profit as well as the loss borne by the restaurant.
  • The partner can interfere peacefully in the duties of the other partner but only till a certain limit and not in an illegal or offensive manner.
  • The partners can switch duties amongst themselves.
  • The partnership shall be immediately terminated if any one of the partners violates the terms of this agreement.

Paul Hedrick

Tommy Riddle

Category: Partnership Agreements

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