A letter of intent ( LOI) is a document outlining the major deal terms to be incorporated into a restaurant lease agreement.
A properly crafted Letter of Intent can provide protections against issues beyond your control and can save you thousands in legal fees during lease review by negotiating key business issues up front.
Restaurant Real Estate Advisors has negotiated thousands of Letters of Intent.
We can negotiate a letter of intent on your behalf and protect you against;
- Paying rent before you are open for business
- Getting stuck with a lease that does not permit your use
- Losing your options to extend
- Limiting your ability to sell
- Competing uses
- Excessive expenses
Contact us today to discuss learn more about protecting your interest.