Private previewFranchise networks

Franchise lease management: head lease, sublease and franchise agreement, kept in line

In a franchise network one location can carry three agreements that must end together: the head lease with the landlord, the sublease to the franchisee and the franchise agreement. When they drift apart, a franchisee can be left with a lease and no franchise, or a franchise and no premises.

The problem

  • Head leases, subleases and franchise agreements live in different files and nobody sees them side by side
  • A renewal on one agreement silently breaks alignment with the others
  • Disclosure, notice and end-of-term dates depend on the Franchising Code as well as the lease
  • Franchisees chase the franchisor for their own lease terms and sales reporting

How Tenuta IQ handles it

One site, every agreement Live

Each site links its head lease, sublease, franchise agreement and franchisee, so the full position reads on one screen.

Co-terminous check Live

Tenuta IQ flags a sublease or franchise agreement that outlives the head lease, and a sublease and franchise agreement that end on different dates.

Dates from the lease and the code Preview

Options, notices and end-of-term dates come from each agreement and the applicable rule pack, including the Franchising Code pack.

Franchisee portal Live

Franchisees see their own agreement and site, submit monthly sales and raise requests, and nothing else.

Occupancy cost per site Live

Sales reported by each site feed occupancy cost and turnover rent.

Try it

In the demo, sign in as Nate Occupier (Torque Auto Parts) to see franchised stores, or as the franchisee to see their portal.

Open the live demo

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