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Bar Management Agreement
"I need a Bar Management Agreement for my upscale cocktail bar in Wellington, where the management company will have full operational control and receive a base fee plus 5% of monthly revenue, with the agreement starting March 1, 2025."
1. Parties: Identifies and provides full details of the bar owner and the management company/manager
2. Background: Sets out the context of the agreement, including brief description of the premises and the parties' intention to enter into a management arrangement
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Appointment and Term: Specifies the appointment of the manager, term length, and any renewal provisions
5. Manager's Responsibilities: Details the manager's duties, including staff management, inventory control, compliance with laws, and maintaining licenses
6. Owner's Responsibilities: Outlines the owner's obligations, including maintaining the premises and providing necessary resources
7. Licensing and Compliance: Addresses alcohol licensing requirements and regulatory compliance obligations
8. Financial Terms: Details management fees, payment terms, revenue sharing, and financial reporting requirements
9. Staff and Employment: Covers employment responsibilities, including hiring, training, and compliance with employment laws
10. Insurance and Liability: Specifies required insurance coverage and allocation of liability between parties
11. Termination: Sets out grounds for termination, notice requirements, and consequences of termination
12. Handover Provisions: Describes the process for transitioning management at the end of the agreement
13. Confidentiality: Protects confidential information of both parties
14. Dispute Resolution: Establishes procedures for resolving disputes between parties
15. General Provisions: Includes standard clauses like notices, amendments, governing law, and entire agreement
1. Food Service Operations: Include when the bar offers food service, detailing kitchen management and food safety compliance
2. Equipment Lease: Include when specific equipment is being leased as part of the management agreement
3. Intellectual Property: Include when the bar has significant branding or proprietary systems
4. Marketing and Promotion: Include when the manager has specific marketing responsibilities or budget
5. Performance Targets: Include when specific performance metrics are tied to compensation or contract renewal
6. Exclusivity: Include when the manager is restricted from operating competing establishments
7. Force Majeure: Include when parties want specific provisions for handling unforeseen circumstances
1. Schedule 1: Premises Details: Detailed description of the premises, including floor plans and facilities
2. Schedule 2: Inventory List: Comprehensive list of equipment, furnishings, and initial stock
3. Schedule 3: Financial Terms: Detailed breakdown of management fees, revenue sharing, and payment structures
4. Schedule 4: Performance Metrics: Specific KPIs and performance targets if applicable
5. Schedule 5: Required Insurance: Detailed insurance requirements and minimum coverage levels
6. Schedule 6: Operating Procedures: Standard operating procedures and compliance requirements
7. Appendix A: Licenses and Permits: Copies of all relevant licenses and permits
8. Appendix B: Staff Positions: List of required staff positions and qualifications
Authors
Hospitality
Food & Beverage
Entertainment
Leisure
Tourism
Property Management
Retail
Legal
Operations
Finance
Compliance
Risk Management
Commercial
Property Management
Business Development
Senior Management
Bar Owner
Operations Manager
General Manager
Compliance Officer
Legal Counsel
Finance Director
Property Manager
Business Development Manager
Hospitality Manager
Risk Manager
Commercial Director
CEO
Managing Director
Contracts Manager
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