Glossary · People and paperwork
In short
This is a contract where a franchisor grants a "master franchisee" the right to develop and sub-franchise within a specific territory. If you're buying a sub-franchisor, this agreement defines your entire business model.
If the business you're buying is a sub-franchisor, you'll inherit this agreement. Thoroughly review its terms, including territory rights, development obligations, and your ability to sell sub-franchises. This document dictates your future operations and revenue streams.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
Know what you'll need before you apply
Tell us about the deal and who's buying — we'll flag the guaranty, eligibility, and paperwork issues that slow SBA approval before they cost you time.
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