Real Estate Aspects Of Franchising
Many franchises are operated from leased or owned locations. Evaluating the demographics of the location can be crucial to the future success of your franchise. We can help you with this important task. We will analyze and help you negotiate your lease or sublease. We will make you aware of clauses that can cost you money over the term of your lease; tax clauses, common area maintenance clauses, percentage increases, percentage overage clauses. We will advise you of the ramifications of these provisions and help you negotiate them. We will help you to be sure that your right to assign or sublet is not overly restrictive. What about lease guarantees and “good guy” guarantees? We can help you protect yourself in these areas. We will help you negotiate your “work letter,” your construction contract and your construction (or acquisition) financing loan agreement. Dollars count. Let us help you to save them.