The Hennepin Minnesota Agreement to Sell Business by Sole Proprietorship Including Right to Trade name and Business Franchise with Assignment of Franchise Subject to Franchisor Approval is a legal document that outlines the terms and conditions of selling a business owned by a sole proprietor in Hennepin County, Minnesota. This agreement encompasses not only the transfer of the business but also includes the right to use the business's trade name and any associated franchise rights. However, it is important to note that the assignment of the franchise is subject to the approval of the franchisor. Keywords: Hennepin Minnesota, Agreement to Sell Business, Sole Proprietorship, Trade name, Business Franchise, Assignment, Franchisor Approval. Types of Hennepin Minnesota Agreement to Sell Business by Sole Proprietorship Including Right to Trade name and Business Franchise with Assignment of Franchise Subject to Franchisor Approval may include: 1. Hennepin Minnesota Agreement to Sell Business by Sole Proprietorship Including Right to Trade name and Business Franchise with Assignment of Franchise Subject to Franchisor Approval for Retail Businesses: This type of agreement is specifically designed for retail businesses located in Hennepin County, Minnesota. It outlines the terms and conditions for selling a sole proprietor-owned retail business, transferring the right to use the trade name, and transferring the franchise rights subject to franchisor approval. 2. Hennepin Minnesota Agreement to Sell Business by Sole Proprietorship Including Right to Trade name and Business Franchise with Assignment of Franchise Subject to Franchisor Approval for Service-Based Businesses: This variation of the agreement caters to service-based businesses operating in Hennepin County, Minnesota. It addresses the unique aspects of selling a sole proprietor-owned service business, including the transfer of the trade name and business franchise rights, subject to franchisor approval. 3. Hennepin Minnesota Agreement to Sell Business by Sole Proprietorship Including Right to Trade name and Business Franchise with Assignment of Franchise Subject to Franchisor Approval for Food and Beverage Businesses: Specifically tailored for food and beverage businesses located in Hennepin County, Minnesota, this agreement encompasses the sale of sole proprietor-owned establishments in this industry. It covers the transfer of the trade name, the business franchise rights, and the necessary franchisor approval procedures. 4. Hennepin Minnesota Agreement to Sell Business by Sole Proprietorship Including Right to Trade name and Business Franchise with Assignment of Franchise Subject to Franchisor Approval for Professional Services Businesses: This alternative version of the agreement is customized for professional services businesses in Hennepin County, Minnesota. It outlines the terms and conditions for selling a sole proprietor-owned professional services business, transferring the trade name, and obtaining the necessary franchisor approval for the transfer of the business franchise rights.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.