The Restaurant Management Agreement serves as the primary document governing the relationship between professional management companies and restaurant owners in England and Wales. This agreement is typically used when restaurant owners seek professional expertise to operate their establishment while retaining ownership. It covers crucial aspects including operational control, staff management, financial reporting, quality standards, and compliance with UK food safety and licensing regulations. The document is essential for establishing clear lines of authority, performance metrics, and financial arrangements while ensuring adherence to local hospitality laws and industry standards.
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1. Parties: Identification of the management company and restaurant owner
2. Background: Context of the agreement and brief description of the business
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Scope of manager's appointment and duration
5. Manager's Duties: Detailed responsibilities of the management company
6. Owner's Obligations: Responsibilities of the restaurant owner
7. Fees and Payment Terms: Management fees, payment structure, and timing
8. Termination: Circumstances and procedures for ending the agreement
1. Intellectual Property: IP rights and usage - include when brand or trademark licensing is involved
2. Non-Compete: Competition restrictions - include when protecting market position
3. Insurance: Insurance requirements - include when specific coverage needs definition
4. Force Majeure: Handling of extraordinary events - include when specific risks need addressing
1. Schedule 1 - Property Details: Description of restaurant premises and facilities
2. Schedule 2 - Management Services: Detailed scope of management services
3. Schedule 3 - Fee Structure: Detailed breakdown of management fees and calculations
4. Schedule 4 - Key Performance Indicators: Performance metrics and targets
5. Schedule 5 - Operating Procedures: Standard operating procedures and policies
Relevant legal definitions
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Relevant Industries
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