Which business limits both partners liability in case of a lawsuit?

I'm a sole proprietor looking at taking on another location with a partner. We have agreed that we only want the type of business that allows him to use my logo, marketing and business procedures, but we must have limited liability. Limited in meaning that if he gets sued at the knew location, then it doesn't affect my store or assets. Beyond that we agreed to keep our own profits or losses separated for our stores for the first 5 years, and we won't be 50/50 partners after the primary 5 year agreement which covers his buy in period. He's going to pay a buy in amount for use of all my marketing and business procedures. Does this type of business exists?