Fresh Cup

JAN 2014

Fresh Cup Magazine, providing specialty coffee and tea professionals with unique insight into the trends, ideas, products and people that shape their world.

Issue link: http://freshcup.epubxp.com/i/232179

Contents of this Issue

Navigation

Page 32 of 70

BUSINESS BASICS continued from page 29 more than anything else, they often serve to compensate the landlord for the real-estate commissions he will be paying out to the agent(s). If you are negotiating a lease renewal and your landlord is already holding a deposit of yours, negotiate to get that deposit back. The Lease Coaches are frequently successful with negotiating to have the tenant's deposit returned. MEASURE YOUR SPACE. Coffee/tea shop tenants often pay for phantom space. Most of these tenants are paying their rent per square foot, but often they are not receiving as much space as the lease agreement says. NEGOTIATE, NEGOTIATE. The leasing process is just that—a process, not an event. The more time you have to put the deal together and make counter offers, the better chance you have of getting what you really want. Too often, coffee and tea shop tenants mistakenly try to hammer out the deal in a two- or three-hour marathon session. It's more productive to negotiate in stages over time. NEGOTIATING FOR FREE RENT. The most free rent we have ever negotiated for a tenant was the first four years free on a 10-year lease. In some cases, the landlord is in such a strong 30 Fresh Cup Magazine | freshcup.com

Articles in this issue

Links on this page

Archives of this issue

view archives of Fresh Cup - JAN 2014