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You are here: Home / Archives for Restaurant Lease

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 Rent, Restaurant for Sale, Restaurants for Lease, Restaurants for Rent, Restaurants for Sale Tagged With: Restaurant for Rent, Restaurant for Sale, Restaurant Lease

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: Mark Chase, Restaurant for Lease, Restaurant for Rent, Restaurant Leases, Restaurants for Lease, Restaurants for Rent Tagged With: Lease, Restaurant Lease, Restaurants Lease

How to Lease a Restaurant

September 19, 2015 by Mark Chase 33 Comments

How to Lease a Restaurant

 

How to Lease a Restaurant

If you are planning to lease a restaurant, there are dozens of details that can go wrong. With a little planning and insider knowledge, you can minimize your risk.

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Filed Under: Mark Chase, Restaurant for Lease, Restaurant for Rent, Restaurants for Lease, Restaurants for Rent Tagged With: Lease Offers, Leasing, leasing a restaurant, Leasing Terms, New Restaurant, Restaurant Lease, Restaurants for rent

Rent for Restaurant-How to Determine the Right Rent for a Restaurant

August 8, 2014 by Mark Chase 16 Comments

rent for restaurant

Rent for Restaurants- What is the right rent for restaurants?

Determining the acceptable rent for your restaurant is critical to your success.

The general rule of thumb is your total occupancy cost (rent and additional fees for property taxes, insurances, etc.) should not exceed 6-10% of your gross sales.

The numbers that are right for your business may be lower or higher depending on other factors.

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Filed Under: Mark Chase, Restaurant for Lease, Restaurant for Rent, Restaurants for Lease, Restaurants for Rent Tagged With: New Restaurant, Occupancy Cost, Rent For Restaurant, Restaurant, Restaurant Lease, Restaurant Rent, Restaurants for Lease, Restaurants for rent

4 Things Your Restaurant Can Fix ( And The 1 You Can’t)

April 16, 2014 by Mark Chase 1 Comment

restaurant tools

In each episode of Restaurant Impossible, Robert Irvine rides in on his white horse to fix broken restaurants. In most cases, the problems are caused by the owners lack of knowledge, systems or ego.

Robert gets down to business and back to basics:

  • Menu
  • Service
  • Ambiance
  • Understanding/Controlling Food Costs

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Filed Under: Mark Chase, Restaurant for Lease, Restaurant for Rent, Restaurant Leases, Restaurants for Lease, Restaurants for Rent, Site Selection, Uncategorized Tagged With: Restaurant for Sale, Restaurant Lease, Restaurants for Lease, Restaurants for rent, Restaurants for Sale

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