4 ms·
> if you don't own the property the restaurant is in, the land lord will just increase rent until the any profit is barely OK anyways. Then, contract around it
by caminante 5y ago
> if you don't own the property the restaurant is in, the land lord will just increase rent until the any profit is barely OK anyways.
Then, contract around it with a capped escalation factor? And doesn't this apply to any <insert business> renting space?
- rightbyte 5y agoNo, I don't think it applies to all businesses. Like, restaurants are tied to a location and reputation. An office not so much. Bigger corporations like McDonalds or Starbucks probably have more bargain power and a better picture of how much a location will pay out, etc.