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Chicken or Egg Site Selection and Leasing - Which Comes First, Finding a Franchisee or Finding a Site?

 

Chicken or Egg Site Selection and Leasing – Which Comes First, Finding a Franchisee or Finding a Site?

Chicken or Egg Site Selection and Leasing; Which Comes First, Finding a Franchisee or Finding a Site?

For over 15 years, we have been speaking at franchise shows across North America about real estate leasing.

Franchisees, Negotiate the Rental Rate

It should come as no surprise that rent can be one of your three major business expenses, if not the largest.

Importance for Franchise Tenants of Time, Timelines and Timing with Commercial Leases

In Negotiating Commercial Leases & Renewals for Dummies, it is shown that the leasing process can take differing amounts of time, depending on whether you are opening your first or fifth franchise store location.

Choosing the Right Lease Term (Length) for Your Commercial Location - For Franchise Tenants

This is one of those subjects that cause many lightbulbs to go on in the minds of those tenants attending our leasing seminars.

To Head Lease or Not to Head Lease?

In the franchise industry, the franchisor or the franchisee could sign the “head lease” with the landlord. By doing so, either party becomes the “head tenant”.

Preleasing Undeveloped Property for Franchise Tenants

As either a new or existing franchise tenant, you may be tempted to prelease undeveloped property (to open a new store or move your store to). As explained in the book, Negotiating Commercial Leases & Renewals FOR DUMMIES, this is potentially the most unpredictable lease agreement for a tenant to enter into.

Six Questions to Ask Your Franchisor before Leasing Commercial Space

Stepping onto a busy street to cross without looking both ways first can prove to be dangerous! We can say the same thing for entrepreneurs considering a franchise opportunity.