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In addition, you do not exempt certain assignments from your rental obligation. A properly crafted attribution provision offers an exit strategy and can make a big difference in evaluating your business if you`re planning a sale. Many restaurant rental agreements contain a percentage rental clause that requires the tenant to pay the lessor a portion of the restaurant`s gross revenue/sales as a „percentage of rent“. When negotiating these clauses, it is essential to carefully review the definition of „gross turnover“ or „gross turnover“ to ensure that it includes usual exclusions and deductions. As a general rule, a tenant should try to exclude from gross turnover all goods that he realizes little or not, the sums that he does not actually withhold or collect, and the sums that do not come from the tenant`s services/commodities. Here is a list of the most common exclusions and deductions to consider when negotiating your restaurant rental agreement: none of the operating costs are included in the rental price in a net rental agreement. Therefore, in addition to the base rent, the tenant must pay their proportionate share of the three „net“ operating costs – property taxes, non-life insurance and common area maintenance (CAM). Cam generally also includes incidental and operating costs for the community sector. Among the different types of net leases, most willing restaurateurs don`t have a lot of money for start-ups and many rent out their catering sites.

Renting a restaurant has several advantages. You don`t have to worry about a big mortgage payment (but you have to take care of the rent) or taxes or building maintenance. However, before you sign a lease, whether long-term or short-term, do your homework. .

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