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How to Find a Restaurant for Lease in Los Angeles

May 19, 2018 by Mark Chase 2 Comments

How to find a restaurant for lease in Los Angeles

Los Angeles is the most populous city in the state of California and the second most populous city in the United States. The city is divided into more than 80 districts and neighborhoods.

The sprawling landscape and diversity of Los Angeles offers great opportunity and challenges when it comes to finding a restaurant for lease.

Finding a restaurant for lease-where should you start?

Do to the high competition for space and lack of inventory in many popular neighborhoods; it’s important that you are prepared to beat out the competition when the perfect restaurant for lease becomes available.

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Filed Under: Mark Chase, Restaurant for Lease Tagged With: Available Restaurant, Commercial Lease, Commercial Real Estate, Find Restaurant, New Restaurant, Property, Real Estate, Real Estate Broker, Restaurant, Restaurant for Rent, Restaurant Lease, Restaurant Lease Agreement, Restaurant Real Estate, Search Restaurants

Should Restaurants Lease or Buy Their Space?

January 9, 2018 by Mark Chase 2 Comments

Should Restaurants Lease or Buy Their Space

Should restaurants lease or buy? Buying or leasing is always a prime consideration for a new business, and the question for a new restaurant can be especially problematic. There are pros and cons to either decision.

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Filed Under: Restaurant for Lease, Restaurant for Sale Tagged With: Buy a Restaurant, Commercial Real Estate, Lease Agreements, New Restaurant, Purchase Restaurant, Restaurant Brokers, Restaurant for Rent, Restaurant Lease, Restaurant Real Estate, Restaurants for rent

3 Ways Your Restaurant Location Can Grow Your Sales

January 9, 2018 by Mark Chase Leave a Comment

3WaysYourRestaurantLocationcanGrowYourSales

Have you found the perfect spot to launch your restaurant but you’re not sure you can handle all the nearby competition?

Or do you feel you’re going to have a hard time attracting a lot of customers and good employees?

Well it’s time to consider location a top most priority!

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Filed Under: Restaurant Operations Tagged With: Restaurant for Rent

How to Avoid Risky Relocation Clauses in Restaurant Leases

February 22, 2016 by Mark Chase Leave a Comment

How to Avoid Risky Relocation Clauses in Restaurant Leases

Finding the perfect spot for your restaurant was not easy. But after months and months of searching you nailed down a great location with excellent street visibility.

The dust from construction is gone and business is booming.

As you are preparing to open for the day, your landlord drops by to have a few words with you. As he delivers a 30 day notice to relocate your restaurant to the rear of the shopping center, your stomach clenches up like a vice. How can this be happening?

This is not a fantasy. Many shopping center leases include a Relocation Clause.

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Filed Under: Lease, Mark Chase Tagged With: Commercial Lease, Lease Agreements, Letters of Intent, New Restaurant, Real Estate Broker, Restaurant for Rent, Restaurant Lease, Restaurants for Lease, Restaurants Lease

Restaurant Letter of Intent-Your First Step Towards Signing a Restaurant Lease.

July 18, 2013 by Mark Chase 2 Comments

Letter of Intent

Prior to opening your new restaurant you need to find the right location and negotiate a lease agreement. The first step of the negotiations is the offer to lease, typically referred to as the Letter of Intent (LOI).

What is a Letter of Intent?

A letter of intent ( LOI) is a document outlining the major deal terms to be incorporated into a restaurant lease agreement. Most Letters of Intent are non-binding and specify that only a mutually signed lease will bind either party.

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Filed Under: Lease, Mark Chase, Restaurant for Lease Tagged With: Lease, Lease Agreements, Legal Documents, Letter Of Intent, Letters of Intent, Loi, Real Estate, Real Property Law, Restaurant for Rent, Restaurant for Sale, Restaurant Lease, Restaurant Lease Agreement, Restaurant Menu, Restaurant Real Estate, Restaurants for rent, Restaurants for Sale, Restaurants Lease, Sign Lease

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